EXCLUSIVE: Huge commercial site in Gloucester up for sale
By Laura Enfield | 3rd November 2023
A huge commercial site is up for sale in Gloucester.
National Grid is selling off a 5.28 acre plot in Bristol Road which used to house its gasworks.
The land has gone on the market after remediation to remove contaminated material was signed off by the council last month.
The cleared site fronts onto Bristol Road and includes mains power, gas, water and drainage, with space for an expansive business
It is described as a "prominent site" in a "thriving business location" with "development potential, subject to planning".
Remediation of the land was carried out by VHE Construction with approximately 2,000 tonnes of contaminated soil removed and the land capped with fresh material.
However council planning documents show the complexity of the site meant not all the below ground structures could be removed.
And the remediation and mitigation undertaken at the site is to allow use of the land for "open storage" only.
The freehold of the land is up for sale with BNP Paribas Real Estate Advisory & Property Management UK Limited in Bristol for an undisclosed sum.
The marketing material states: "A planning appraisal has been undertaken, which suggests a range of development uses would be supported.
"However trade, industrial, logistics and storage uses are likely to be viewed more favourably due to the site's location, history and surrounding uses."
Mark Owen, editor and owner of Punchline-gloucester.com and ex-director of (GHURC), said: "This site was on the original Gloucester Heritage Urban Regeneration Company (GHURC) master plan for redevelopment some 15 years ago along with the canal corridor. It's great to see it moving forward at long last.
"This is a fantastic opportunity with great potential for anyone looking to jump on to Gloucester's fantastic Renaissance".
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