Description
The site extends to approximately 10.12 acres (4.09 hectares) of brownfield land situated 100 metres east of Cam High Street and approximately 1 mile north of Dursley town centre. Access to the site is from the High Street via a private access road. The site comprises a range of industrial buildings, a two storey office block, car park, yard areas and two 3 bedroom semi-detached residential dwellings (no’s 68 and 70 High Street) with allotments to the west and land used for storage to the east. More details on the existing accommodation are available on request.

Until recently, the industrial buildings and office block were used in conjunction with the manufacture of pin board and ancillary uses. The vendor has recently ceased operations, however the buildings and equipment remain in situ pending the conclusion of this marketing process. The topography of the site varies but in general slopes from south to north in line with the River Cam, which runs through the centre of the site.

Viewings
All site access and internal viewings are strictly by appointment. Interested parties must pre-book viewings through Savills. Please note that impromptu visitors will not be permitted access to the site.

Please contact:

Robert Cleeves - rcleeves@savills.com, 07970 494371
Cary Leighton - cary.leighton@savills.com, 07790 544068

EPC
Certificates relating to existing accommodation are available upon request.

Planning
The main body of the site, including the allotment gardens, is currently allocated as a Key Employment Site within the Stroud District Local Plan, adopted in November 2015. The open storage / expansion land, forming the eastern portion of the subject site is allocated under Policy SA3. This policy area covers a wider area on the north eastern fringe of Cam, designated for mixed use development including employment, residential and community uses.

Opportunity
This marketing process represents an opportunity for a redevelopment of the site for alternative uses on part or as a whole. In so far as the principle of development is concerned, there appears to be strong grounds to support development on the eastern part of the site, subject to the trees, vegetation and any related biodiversity interests not proving to be an impediment to development. The part of the site to the west of the River Cam falls within the settlement boundary and since it is previously developed there is some positive support for the principle of redevelopment. This area is however protected for employment purposes and it would be necessary to demonstrate alongside any planning application that this policy restriction is outweighed by material considerations, such as a lack of market demand.

CIL / S106 Obligations
In the event that the site is re-developed for residential purposes there will be no CIL payable, as in accordance with the Stroud District Council CIL Charging Schedule “because of issues of viability, residential proposals on land within the Stroud Valleys charging zone are exempt”. S106 obligations will be determined on a site by site basis and if the site is re-developed for residential purposes, there will be a requirement to provide a policy compliant level of affordable housing at 30% of the net dwellings on site.

Existing Tenancies
The site is owner occupied with the exception of the allotments and No. 70 High Street. We have not been provided with any tenancy agreements, but are advised that there are 20 individual allotments, each occupied on short term arrangements at nominal rentals of £1 per annum. We understand that 70 High Street is let at a rental of £450 pcm, on a rolling monthly basis.

Tenure
The site is offered for sale Freehold with Vacant Possession. The site is owned by the Vendor under title number GR345410.