Development Site At Folletts Farm, Dunwear, Bridgwater, TA6

Cooper & Tanner are delighted to seek all offers for the Development Land at Folletts Farm, Dunwear Lane, Bridgwater TA6 5HH. Following grant of outline planning permission by Somerset Council for the erection of up to 530 dwellings including vehicular, pedestrian and cycle access, car parking, public open space, landscaping and infrastructure. A flagship development opportunity of a scale that infrequently comes to the open market.

Currently comprising of agricultural pasture land. The site, in total, extends to approximately 21 hectares / 51 acres and is located to the south-east of the town of Bridgwater. Site access will be via a new carriageway directly off the A372 / Westonzoyland Road roundabout.

Planning Application - Ref: 09/21/00017

Somerset Council granted Outline Permission dated 18/12/2024.

Local Council - Within the area of Bridgwater Town Council, Somerset Council and former Sedgemoor area for planning.

Proposal - Outline application with some matters reserved, for the erection of up to 530 dwellings including the vehicular, pedestrian and cycle access, car parking, public open space, landscaping, infrastructure and other associated works.

Section 106 - 106 Agreement dated 17122024 available via data room.

Affordable Housing - 10% Affordable Housing to be provided with a tenure split of 75% Affordable rent and 25% First Homes. Please see the Data Room for further information.

Community Infrastructure Levy - The Property falls within the “Bridgwater Urban Area” for CIL charging.

Located on the outskirts of Bridgwater the site benefits from prominent main road frontage onto the M5. The M5 links the Midlands with the South-West and provides excellent road network to the regional centres of Bristol and Taunton.

Benefitting from good access, within 5 miles, of,the Gravity Smart Campus, which is confirmed to be the home of the UK’s new gigafactory. Agratas (Tata Groups’s global battery business) have invested £4 billion in building their biggest electric vehicle battery manufactory facility which is set to bring +4,000 jobs to Somerset. Access is from the newly constructed roundabout on the A372. Apart from site clearance and preparation, will need to have been installed and operational prior to development taking place.

Tenure - The site is available Freehold.

Bidding Process - All offers are being invited by 10th March 2025. Round two interviews are expected to take place 19th March and interested parties are advised to schedule this date in anticipation.

Bidding guidelines are available from [email protected]

Legal costs - Each party is to bare their own legal, surveyors or other costs incurred in any transaction.

Data Room - A data room is available upon request via the selling agent to include a full suite of surveys, plans and planning documents.

Services - An Interim service report is available. All parties must satisfy themselves regarding the location and capacity of any utilities.

Landowner Requirements - Please see the data room for details regarding the Landowner’s reserved rights and overage provisions. To be sold subject to overage provisions in respect of density, on sale clause, variation of the S106 Agreement and change of use.

VAT - We understand that the Property has been elected for VAT.

Anti-Money Laundering - The successful party will be required to provide the usual information to satisfy the AML requirements.

For further information, please contact the sole selling agents Cooper & Tanner.

Jake Smith M: +44 (0)7525 834 616

E: [email protected]

Nick Oliver T: 01458 834 288

E: [email protected]

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