Strategic opportunity adjacent to large residential development
The sale of Laurel Farm represents an opportunity to acquire a parcel of strategically important land adjacent to the Grove Gardens development on the northern edge of Fakenham. The site was an operational poultry farm until 2016 after which it was left vacant with the exception of the agriculturally tied bungalow.
Bordering the southern and western edges of the land is the site of the significant Grove Gardens development which will provide about 950 houses across over 40 hectares. The development will include a new primary school, nursery, a range of retail outlets together with a hotel and pub. Employment opportunities will come in the form of a business area including general storage and light industrial together with extensive provision for open space.
The land at Laurel Farm will be an interesting strategic purchase bearing in mind its close proximity to the Grove Gardens development at Fakenham and we are anticipating good interest.William HargreavesProperty agent