Former furniture workshop transformed into luxury scheme
A Coventry-based residential property developer has completed work on a luxury development outside the city after transforming a former furniture workshop.
The Old Saw Mill Developments has opened the doors to eight properties after using a seven-figure loan from Lloyds Bank to renovate the building between the villages of Allesley and Meriden.
All of the properties have now been sold and seven purchasers have now moved into the properties.
The two-acre site was previously home to The Sitting Firm, which on occasions manufactured furniture for the Royal family, but had been looking to relocate its operation.
The new development is centred around the structure of the existing building.
Simon Grove, director at Old Saw Mill Developments, has 30 years experience in architecture and his firm SPG Design played a key role in designing the properties and securing both planning and building control approvals and full site attendance.
He said: “The site is in an absolutely ideal location. It is an increasingly attractive area as more people seek rural living with good commuter links into the city, and the site itself has a rich history. It was too good an opportunity to pass up and we’re delighted to be welcoming our first buyers.
“The pandemic delayed our progress by up to three months but having the Lloyds Bank team by our side gave us the confidence we needed to complete the development without any concerns. Their knowledge and expertise was vital and we’re sure it will help us as we look for new opportunities in the future.”
Nigel Johns, relationship director at Lloyds Bank, said: “Simon and the team at Old Saw Mill Developments have vast experience and a strong reputation in the industry, and the new luxury developments have helped to breathe new life into the site.
“Projects like these are vital to the ongoing development of the area and we will continue to support other Coventry firms as we look to help the business community in the area prosper.”
