Redevelopment Opportunity STP, 28 Hempsted Lane, Gloucester, Gloucestershire , GL2

REDEVELOPMENT OPPORTUNITY (STP) - 28 Hempsted Lane, Hempsted, Gloucester, GL2 5JA

DESCRIPTION
The broadly level site extends to circa 0.39 acres and is currently occupied by light industrial units. Immediately adjoining the site to the west are neighbouring properties 28A & 28B Hempsted Lane which were converted from their original industrial/office uses to create residential dwellings (consented in 2017). The site is bordered to the north by an unnamed road which leads to Hempsted Recycling Centre, Hempsted Lane to the east, existing commercial development to the west. Immediately abutting the site to the south is an area of open space associated with the recently delivered housing redevelopment of the former oil
depot. According to the Government's Flood Map for Planning, the site is entirely within Flood Zone 3, although the site is clearly situated in an elevated position and is not known to have flooded.

It is envisaged that due to the Flood Zone, a detailed Flood Risk Assessment and Topographical Survey will be required. Existing Accommodation The main part of the site comprises primarily a property of brick and steel construction resting under a pitched roof covered with cladding. The internal height varies between 2.8m and 4m and access is from several roller shutter doors. Attached at the front of the building are several concrete sectional buildings providing additional storage, WCs and kitchen. Dual access is currently provided via Hempsted Lane to the east and via the unclassified road to the north.

PLANNING
The property lies within the planning jurisdiction of Gloucester City Council where planning decisions are governed by the adopted Local Plan which comprises; the Joint Core Strategy (2017), Gloucester City Plan 2011-2031 (2023) and the remaining saved policies of the City of Gloucester Local Plan (1983). The site is subject to a previous application for an apart hotel development as outlined below:

SERVICES
We understand that the property is connected to mains services. Purchasers should satisfy themselves as to services, we have not carried out any tests in this regard. It is understood that there is existing Exolum apparatus which crosses the site and is subject to an easement which developers will need to consider in detail.

DEVELOPMENT POTENTIAL (STP)
It is estimated that the property offers significant potential for redevelopment for varying uses, however this is very much subject to gaining the necessary planning consents.
Only redevelopment schemes will be considered by the vendors.

TENURE
The properties are currently tenanted on commercial leases with relevant break clauses such that vacant possession can be provided upon reasonable notice. Rental information can be requested.

METHOD OF SALE & GUIDE PRICE
Offers are invited in excess of £400,000. Unconditional and Conditional (subject to planning) offers invited by way of Informal Tender. Offers are to be submitted to Jack Moulsdale via email by Noon Wednesday 26th March 2025.

SUBJECT TO CONTRACT - JANUARY 2025