16th September 2019
Network Rail releases Truro city centre site for housing development
Network Rail has released for sale a 4.46 acre brownfield site adjacent to Truro railway station for residential development which, if granted planning permission, will provide much needed new housing within walking distance of Truro’s main retail and business district.
The site off Station Road is currently occupied by two large dated warehouse buildings totalling circa 72,000 sq ft which are no longer required to support the railway. Property consultants Alder King have been appointed to market the freehold of the site.
Network Rail has already made Pre-Application planning enquiries of Cornwall Council’s planning department and received a positive response to the principle of residential development. Currently accessed via a level crossing off Station Hill, it is anticipated that developers will seek to create a new access off Dobbs Lane to the west of the site.
Tom Duncan of Alder King’s Truro office says this is an important development opportunity for Truro.
“It is unusual for a brownfield site of this size to become available within such close proximity to the city centre. The site therefore offers a major opportunity to create a high-quality sustainable development with good links to public transport and within walking distance of shops and services. Regenerating a brownfield site like this protects valuable greenfield land and offers the best future use of older industrial buildings which are nearing the end of their economic life.”
David Biggs, Managing Director, Network Rail Property, said: “We’re working hard to find as many sites as possible to release to the market for much needed new housing.
“Releasing land for housing is part of our strategy to drive economic growth and help communities thrive, while generating funds to reinvest back into the railway.”
Interested parties are invited to submit offers to Alder King’s Truro office at 22 Lemon Street. Further information is available here or from Tom Duncan on 01872 227005 or via tduncan@alderking.com.