2011

Cornhill, Ottery St Mary

Before

Located in the conservation area in Ottery St Mary the two 18th century Listed Buildings were unoccupied and in a dilapidated state.

38 Hollaway Street

After

The buildings were redeveloped through a formal tender process as retail and apartments. The properties were sold on the open market, and the net profit returned to the revolving capital fund.

The Role of DHBT – Buy, lease and retain

The DHBT is a revolving buildings trust that may buy, renovate and sell for a profit. All profits are then used for subsequent projects.