Strategic Offshore Property

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BURNHAM-ON-SEA, SOMERSET, UK   Sold Out

Burnham-on-Sea Quick Facts

Quick Facts

Burnham-on-Sea Phase Breakdown

PHASE BREAKDOWN

Burnham-on-Sea Aerial View

AERIAL VIEW

Burnham-on-Sea Location

LOCATION

Site Information

Our latest strategic land investment site is adjacent to the settlement boundary of Burnham-on-Sea, Somerset. On successful allocation of the site for residential use, it is projected that the plot owners will enjoy in excess of 350% net returns over a seven year period.

The site consists of low grade agricultural land which is adjacent to existing residential development in Burnham-on-Sea. The site is strategically placed on the eastern edge of the town with direct access from the town's main distributor road. It is in a sustainable location, being well located to the town's main supermakets, health care facilities, schools and employment areas, therefore making it a suitable location for an urban extension.

Our Planning Department Comments

Latest Planning Update

As explained in the previous update, we continue to work with North Somerset in the creation of their Local Plan as well as prepare to work with the newly formed Somerset Council which Sedgemoor (and Burnham on Sea) now falls under whilst remaining suitable for cross boundary sites for the North Somerset LP.

Somerset Council confirmed in October that it will be starting work on its own development plan and that early engagements on this will commence during the course of 2024. It was originally planned for a Call for Sites to commence in late 2023 but details of this are yet to emerge.

Meanwhile we continue working closely with North Somerset on their local Plan with pre submission consultation of the plan due to commence in December 2023.