Shoosmiths helps McKay Securities secure development site in Surrey

Real-estate and planning specialists at Shoosmiths have helped McKay Securities secure a prime development site in Redhill, Surrey.

McKay bought the 1.2-acre London Road site from Hodnet Properties for £2.3m.

Partner Alan Corcoran and associate Simon Shoefield (both real estate) were assisted by partner Kirsten Hewson and solicitor Aaron Richardson (both planning).

The acquisition of the site, which is in a central location close to the railway station and Redhill town centre facilities, is part of McKay’s strategy to invest in well-located, high-quality commercial real-estate assets in established and proven markets.