An agricultural land holding covering 57.9 acres. The site forms part of a joint venture with Midlands Land Portfolio Ltd, (Subsidiary of Severn Trent water PLC) for the planning promotion of a portfolio covering over 300 acres.
The site is located to the West of Cheltenham adjacent the existing Hayden Waste Water Treatment Works and in close proximity to GCHQ. The site is accessed off Old Gloucester Road and Henley Road.
The site forms part of a wider land holding of c.320 acres, currently used for agricultural purposes but now allocated for a mixed use urban extension to the West of Cheltenham known as the Golden Valley Development.
This site has been the subject of extensive promotion through the emerging Gloucester, Cheltenham and Tewkesbury Joint Core Strategy (JCS) working alongside adjacent land owners and promoters and the JCS Team. Initial surveys have been undertaken across the landholding and the collaborative approach to date has been instrumental in securing support for the proposed allocation. The JCS was adopted in December 2017 and the site has now been removed from the Green Belt and allocated for 1,100 dwellings, a 45 ha cyber park and ancilliary uses. Cheltenham Borough Council are currently preparing an SPD for the site and we have played an important role in the preparation of this document.
Extensive discussions are taking place with Cheltenham and Tewkesbury Councils, Glouchesterhire County Council, Highways England and other key stakeholders as work progresses towards a planning application. Cheltenham Borough Council acquired c. 100 acres of the allocation in August 2019 and we are now working closely with the Council and MLPL as the primary landowners. The aspiration is to submit a planning application early in 2021 to bring forward this important site.
There is significant local and political support for the development and the construction of the Cyber Park is a key driver for the site.
Note: The Midlands Land portfolio covers 11 sites across the Midlands and West Country and includes a variety of uses such as former waste water treatment works, office buildings, reservoirs and agricultural land. Northern Trust are managing the sites promotion through the planning system prior to disposal.
SOLD - Land at Teal Close, Stoke Bardolph, Nottingham
Land to the west of Cheltenham adjacent to Henley Road and accessed off Old Gloucester Road.
UNDER OFFER (Subject to planning) - Adjoining built up area of Gedling/Carlton, bounded by housing and two roads.
Land off Harbury Lane, south of Leamington Spa