THE former Stocks Lovell site in Mill Street, Evesham, has changed hands for an undisclosed sum.
Umberslade Securities Limited has sold the former bacon factory site to developers, KingsOak - an arm of the Barrett Development plc.
The company, based in Meriden near Coventry, is poised to invest about £8m in a new housing scheme for the prime riverside site if it succeeds in gaining planning permission.
Umberslade Securities, whose bosses refused to comment on the sale, lost a planning appeal for 58 houses on part of the site in August.
A government inspector described its plan as 'totally alien' in the conservation area.
Now new site owner, KingsOak, is busy having discussions with Wychavon to find out what sort of scheme would be more likely to be acceptable.
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