Developers are being sought for an exciting waterside site at Wallbridge Lock in the centre of Stroud.
The half-acre site is just off the A46 opposite the Ecotricity headquarters and overlooking the Stroudwater Canal, which is currently being restored.
William Matthews from Bruton Knowles said the former yard could potentially become an attractive commercial, residential or mixed use development.
This is an open site with ageing workshop space immediately over the canal from the new McCarthy and Stone retirement scheme.
The site lends itself to re-development, subject to the necessary planning consents. For instance, a mixed use scheme featuring canalside café or shops with apartments would create an exciting new attraction in this regeneration area.
The canal is currently undergoing full restoration and the lock running alongside is expected to be complete in 2017, providing the site with an attractive outlook onto public leisure space.”
The site is for sale by informal tender with ‘best and final’ offers to be submitted by noon on Wednesday, October 12.
Offers will be considered for the immediate purchase of the site, as well as on a ‘subject to planning’ basis.
Stroud Railway Station and the town centre are 200 metres to the north east of the site and junction 13 of the M5 is some five miles to the west. The northern boundary of the site abuts the Stroudwater Canal, specifically the Wallbridge Lock.
Mr Matthews said “The site is allocated in the Stroud District Local Plan under Policy EI2 which supports ‘mixed use regeneration’.
“It states that mixed use regeneration could involve leisure, tourism and shopping, in addition to employment, in association with the restoration and re-opening of the canal corridor.”