10th September 2015
Gloucester’s former Blackbridge Allotments site sold to New Dawn Homes Ltd
Acting on behalf of Gloucestershire County Council, property consultants Alder King have sold the freehold of the former Blackbridge Allotments site on Stroud Road, Gloucester.
The 2.3 acre site, which has planning consent for 14 new build family dwellings, has been acquired for an undisclosed sum by Cheltenham-based property developer New Dawn Homes.
As well as the new housing (see artist’s impression above), the new development will provide improved access to Stroud Road and the adjacent playing fields, as well as the creation of nearly 32,300 sq ft of allotments for local gardeners, with a water source and secure fencing.
New Dawn Homes, under the terms of the accompanying Section 106 Agreement, will make defined contributions towards primary and secondary education, the provision of the new allotments and improvements to the nearby play facilities.
Originally developed as allotments in the 1940s, the site had fallen into disuse through vandalism and theft. Its redevelopment will help regenerate the wider area, says Alder King partner Phil Pratt.
“The successful sale of this site provides a win-win solution for all parties, helping address the under-supply of housing in the city as well as revitalising the local community facilities,” he says.
“We continue to see strong demand for well-located land sites. This site lies in an established and popular residential location and attracted competitive interest when we brought it to the market in May this year.”
Angela Hughes, Director at New Dawn Homes, said: “Stroud Road is a very popular location close to local schools and amenities. With just 14 new homes overlooking open space and allotments it is thought these homes will be very sought after.”