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Gloucestershire Business News

Development land at Newton Road, Steam Mills, Cinderford

Offers are invited in the region of £200,000.

The site is situated in a mixed commercial/residential area fronting Newtown Road, just off the Steam Mills Road. It comprises a predominantly level brownfield site extending to approximately 0.23 hectares (0.57 acres).

It is located within Flood Zone 1 which has a low probability of flooding.

The site is within the Cinderford Settlement Boundary and it was allocated for industrial purposes in the Northern Quarter Development Area Master Plan. It may suit a variety of uses subject to the necessary consent being obtained. Interested parties are advised to contact the Forest of Dean District Council Planning Department (01594 810000).

Location:

Cinderford is one of the three principal towns in the Forest of Dean and is approximately 15 miles west of Gloucester, 12 miles south of Ross-on-Wye, 5 miles east of Coleford, 10 miles north of Lydney and 19 miles northeast of Chepstow.

Motorway access is available at Ross on Wye (M50, Junction 4), Gloucester (M5, Junction 11) and Chepstow (M48, Junction 22).

Steam Mills and the Forest Vale industrial Estate lie approximately ½ mile north from the commercial and retail centre of Cinderford and a short distance from the new Gloucestershire College campus.

Accommodation:

Approximately 0.23 hectares (0.57 acres).

Rates:

The property is not presently assessed for Business Rates.

Planning:

The site is within the Cinderford Settlement Boundary and it was allocated for industrial purposes in the Northern Quarter Development Area Master Plan.

It may suit a variety of uses subject to the necessary consent being obtained.

Interested parties are advised to contact the Forest of Dean District Council Planning Department (01594 810000).

Terms:

The Property is offered freehold with vacant possession. Unconditional offers and subject to planning offers will be considered. Parties interested in submitting offers will be required to specify the proposed use, timescales, and funding position.

The sale contract documentation will provide for an uplift payment to be made triggered should planning consent be obtained in future for residential development.

VAT:

Under the Finance Acts 1989 and 1997, VAT may be levied on the price.

We recommend that prospective purchasers establish the VAT implications before entering into any agreement.

Legal costs:

Each party to bear their own costs incurred in the transaction.

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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