Blackfinch Property has extended a £2.1 million development loan for the first phase of Dolbeare Meadow, a sustainable mixed-use project in Ashburton, Devon.

Target Information

Blackfinch Property has provided a development loan of £2.1 million to facilitate the initial phase of Dolbeare Meadow, a sustainable mixed-use commercial project located in Ashburton, Devon. This phase encompasses a pre-let 4,300 sq ft Co-op convenience store and critical infrastructure needed for subsequent phases. Future plans for Dolbeare Meadow include the addition of a drive-through café, an electric vehicle (EV) charging park, and various business units, all aimed at creating a viable and sustainable business hub with long-term investment potential.

Emphasizing sustainability, the development aims for an EPC A rating and integrates fully electric building services. Notably, the design features sustainable timber cladding to harmonize with the surrounding Dartmoor National Park. Furthermore, the project will install up to 12 EV charging stations and incorporate tree retention, off-site planting, and modifications to building orientation to safeguard the flight corridor for local bat species.

Industry Overview

The UK’s commercial property market has been increasingly tilting toward sustainable developments in recent years, driven by a rising awareness of environmental issues and regulatory reforms. Numerous investors and stakeholders are now prioritizing projects that d