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Mixed Use Development Opportunity, Bishop's Stortford North, Bishop's Stortford, Hertfordshire, CM23 1JJ

Offers Invited
Coke Gearing Consulting, Bishops Stortford
SIZE AVAILABLE

56,192-346,738 sq ft

5,220-32,213 sq m

SECTOR

Commercial development for sale

Key features

  • Mixed Use Development Opportunity
  • Eastern Local Centre & Employment Zone (6.67 acres)
  • Business Park Extension (1.29 acres)
  • Affluent and rapidly expanding market town with good amenities
  • Please see particulars for more information

Description

On behalf of The Bishop's Stortford North Consortium (BSNC), Bidwells and Coke Gearing are pleased to offer for sale the freehold interest in the Eastern Local Centre and Employment Zone - Business Park Extension Land Parcels at Stortford Fields, a circa 3,000-unit housing scheme to the north of Bishop's Stortford.

The land parcels extend to approximately:

Eastern Local Centre (retail/commercial) 2.78 hectares (6.67 acres).

Business Park Extension - Employment Zone 0.52 hectares (1.29 acres).

On 2 April 2015, outline planning permission (ref: 3/13/0804/OP) was secured for Stortford Fields, a mixed-use development with a variety of uses including, but not limited to, residential dwellings, employment land and educational facilities, and which provides for the following:

Development of two mixed use local centres on 4.1 hectares of land providing up to 21,000 sq m gross commercial floor space (Use Class B1(a), (b) and (c)) inclusive of (if required) a maximum of 3,000 sq m gross for healthcare facilities (Use Class D1) together with retail floor space (Use Classes A1, A3, A4 and A5) specifically excluding any A2 uses up to a maximum of 1,200 sq m gross, residential development (Use Class C3) and potential for other community/cultural/leisure facilities - Use Class D1 and D2 if required.

If required (floor space to be agreed) the potential for an additional 0.5 hectares of land for up to 4,000 sq m gross of commercial floor space (Use Class B1(a), (b) and (c)).

Planning Permission (ref: 3/19/2626/FUL) was secured in March 2021 for the Local Centre in the Western Neighbourhood. The approved scheme included a 78-bed care home (Use Class C2), 29 affordable apartments and flexible commercial floorspace.

BSNC are now seeking a development partner to take forward the Eastern Neighbourhood Local Centre and the Business Park Extension Land which currently have outline planning permission.

Stortford Fields is situated in an affluent area of Bishop's Stortford which is a rapidly expanding and prosperous market town with an approximately population of 41,000. The site is located on the north western fringes of the town and comprises a total of approximately 300 gross acres bordered by the A120 to the north and by the existing urban fringe of the town to the south and east.

Bishop's Stortford is well served with regard to access and amenities, offering various supermarkets, Herts and Essex Community Hospital, Nuffield and Grange Paddocks Leisure Centres and numerous other leisure and retail facilities. The road and rail links serving the town are excellent. The subject site will provide multiple access points into the town centre, particularly via bus, car or on foot.

Junction 8 of the M11 is located to the north east of Bishop's Stortford providing access to London to the south and Cambridge to the north. Stansted Airport, offering national and international flights, is only a short 10-minute drive from the town centre and the mainline station offers 35-minute train connections to central London (London Liverpool Street) and also to Cambridge.

Interested parties are encouraged to see the particulars for further details including planning, access and the information pack.

Brochures

Mixed Use Development Opportunity, Bishop's Stortford North, Bishop's Stortford, Hertfordshire, CM23 1JJ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bishop's Stortford Station1.5 miles
  • Stansted Mountfitchet Station1.8 miles
  • Elsenham Station3.6 miles

About Coke Gearing Consulting, Bishops Stortford

100 South Street, Bishop's Stortford, CM23 3BG

Welcome to Coke Gearing Consulting an independent firm of Chartered Surveyors and commercial property agents formed by the merger of Coke Consulting Ltd and Gearing and Company. We have offices in Bishops Stortford and Harlow and focus on the M11 & A120 corridors. The keys towns we cover are Bishop's Stortford, Stansted Airport and Harlow. However, our expertise also extends to a regional context including east Hertfordshire, north Essex, south Cambridgeshire and Suffolk. As commercial property agents we market offices, retail premises, warehouse/industrial units. We also act as property development advisers either selling or acquiring development land together with advising on property investments. In addition we assist occupiers with their commercial property needs and act as corporate property consultants.

Coke Gearing Consulting is run by Chartered Surveyors with many years of experience in the commercial property market. Our services extend to including landlord and tenant rent reviews, lease renewals/re-gears, property management, development appraisals and valuations.

This region is a nationally recognised growth corridor, with both Cambridge and London Stansted Airport being vital to the regional economy.

Notes

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