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Homes to start to rise at cake factory site

Source: http://www.thebusinessdesk.com/news/

Construction is under way on a scheme to build 40 homes on the site of a former cake factory in Leamington Spa.The development is being built on a disused commercial site, formerly the Elisabeth the Chef cake factory, which relocated to new premises several years ago. The derelict building, which was bought by Stonewater, has been demolished to make space for the new homes.Social housing provider Stonewater is working with Warwick District Council and contractors Jessup Brothers to deliver 12 one-bedroom and nine two-bedroom apartments for affordable rent.Stonewater will also provide a mix of four one-bedroom and 15 two-bedroom apartments for shared ownership, a part-buy part-rent scheme which aims to help people onto the property ladder.Financed by Stonewater, the scheme has also benefitted from additional grant-funding from Homes England.