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Anchorwood Bank site moving forward

Building of the retail and restaurant area at Anchorwood Bank has begun today, 5 June. Construction is expected to be completed and the units handed over by the end of March 2018. It is anticipated that Next, DFS, Frankie & Benny’s and Chiquito will be open by early Summer 2018. The remaining units are being marketed and further tenants will be announced as and when agreed.

The development team is currently in discussions with North Devon Council and Historic England on the approach to the Oliver Buildings area of the site, with a view to using as much of the existing structure as possible to create a mixed-use development. These discussions are likely to take a couple of months and it is hoped that a planning application can be made before the end of the year. This will be preceded by an exhibition of plans to gather local community feedback.

‘We are very pleased to be beginning construction work on the retail and restaurant area at Anchorwood Bank today and look forward to sharing our plans for the Oliver Buildings in due course. As residents watch the site come to life after years of neglect, we hope people agree that we have created a real asset for Barnstaple, of which the local community can be proud.’
Andrew Pegg, Managing Director, Wessex Investors

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