7th February 2024
Industrial estate site in Stroud sold for climate considerate residential redevelopment
Property consultants Alder King have completed the sale of the Daniels Industrial Estate on Bath Road in Stroud to the Gloucester house builder Newland Homes.
The subject to planning deal, first agreed in 2020, was given the green light by Stroud District Council in April 2023 and completed December 2023. Newland Homes is now poised to begin demolition and groundworks this year.
The project will see the redevelopment of a significant brownfield site and the creation of 111 low- and zero-carbon homes, of which 88 will be two and three bedroomed in terraced, semi-detached and detached configurations. Additionally, 23 one and two bedroom apartments will be created, equipped with the latest renewable technology for heat and power.
The buildings comprising the Daniels industrial Estate were no longer appropriate for modern industrial/warehouse uses and the site was therefore ideal for redevelopment.
The Fern House Offices, Gate House and the B&Q store will be retained, along with an existing site entrance from Dudbridge Road. A second entrance point for cars will be created on Bath Road.
The seven-acre site is sustainably located less than a mile from Stroud town centre and is within easy reach of public transport links.
Phil Pratt, partner at Alder King in Gloucester, said: “Since the site was first identified for redevelopment in 2018, a significant amount of work has gone into reaching the point where Newland Homes has planning consent to deliver a climate considerate housing scheme. We look forward to seeing the development take shape later this year.”
Newland Homes is an independent housebuilder, founded in Cheltenham in 1991 before relocating to Barnwood.