commercial property lambert smith hampton

News - 06/06/2018

Prime former Bridgwater Hospital development site for sale

A prime development site in Bridgwater, Somerset, near Hinkley Point C, is being marketed by Lambert Smith Hampton.

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Well located within a short walk of the town centre, the former Bridgwater Hospital site offers exciting potential for redevelopment, with planning permission already secured for a 100 bed hotel and restaurant within the original former hospital building.  

Further buildings on the site are being sold with planning approval for a children’s day nursery and leisure club, while other possible uses include retail, residential and office development, subject to consent.  The total area of the site is 2.13 acres (0.86 hectares). The freehold asking price is £2.6 million.

LSH Director Simon Stevens, who is overseeing the sale, with joint agent Alder King, commented that the site was likely to be of particular interest due to its proximity to the new Hinkley Point C power station, which is set for completion in 2025. 

“This is an unusual, rarely available site with excellent potential in an area that is already benefiting from significant investment,” Simon said.

“Hinkley Point is expected to create more than 25,000 new jobs in the region and generate significant opportunity for local, national and international businesses, as well as enhance demand for housing and overall values in the area.”

“We anticipate a high volume of interest in this opportunity and would encourage any interested parties to contact our team as early as possible.”


 

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