Vale of Belvoir stables complex changes hands

A stables complex in the Vale of Belvoir has been sold by land development and property consultancy Mather Jamie to Sheppard Developments in partnership with Gatter Capital.

The site is within the grounds of Wartnaby Castle, known as the “Little Belvoir Estate”, and has full planning permission for the conversion of the existing stable yard and redevelopment of existing cottages. It is though that four luxury homes will be built. Also included within the sale is a parcel of paddock land which adjoins the stables that has potential for equestrian or amenity use.

Mather Jamie senior associate director, Gary Kirk, said: “The nature of the range of buildings and their setting presented some interesting technical challenges from a marketing perspective. We look forward to watching this site come forward and deliver new homes, which will be in high demand.”

Ben Sheppard from Sheppard Developments added: “We are very excited by this latest acquisition with its unique setting and architecture. It is fantastic to be working alongside Gatter Capital on our second project together creating high end, luxury and distinctive residential properties.”

Originally constructed to compliment Wartnaby Castle, the 2 -acre site comprises a range of traditional buildings including the stable yard and two adjoining cottages. The Little Belvoir Estate was built in 1839, most likely as a hunting facility with the stables being an integral part of the wider estate’s original purpose.