National property consultancy, Bruton Knowles has been instructed to market a significant 33 acres of land in Bishop’s Cleeve, Cheltenham. The site will be pivotal in bringing much-needed housing to the area, with outline planning permission granted for 215 dwellings.
The consultancy, which has its head office in Gloucester, worked in conjunction with land promoter, Gladman, which successfully secured planning permission for the 33 acres of land on behalf of its client late last year.
Bruton Knowles is now selling the land on Stoke Road as two separate lots. The planning permission grants 26 acres of the land for residential development, allowing for a mix of one to five-bedroom homes of which 40 per cent will be affordable housing. The remaining seven acres to the south of the site allows for commercial and retail development.
The village has experienced high population growth in recent years and now has a population of 15,000.
The site will also help to meet the ambitious housing targets outlined in the region’s Joint Core Strategy. The plan, adopted by Gloucester, Cheltenham and Tewkesbury’s Local Councils, state that to meet the current housing shortfall in the area, 35,000 homes must be built by 2031.
Harry Breakwell, Associate at Bruton Knowles said: “Bishop’s Cleeve already benefits from over 50 shops, two large superstores, sporting facilities and three schools, making it a highly desirable place to live. The residential and commercial development proposed within the village will create new homes and employment opportunities. The S106 planning contributions, payable as part of the scheme, will be used to improve local schools, sports facilities and infrastructure.”
The commercial land is offered with a guide price of £2.6m.