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

Subsequent to the July 2019 planning update, we have met with Sedgemoor LPA to discuss the Local Plan Review with specific focus on flood defence works and the strategic growth of Burnham resulting from the cross-boundary needs that is required by the West of England Joint Spatial Plan.

Submissions have been made to West of England PA supporting the cross-boundary contribution from Burnham and supporting submissions in this regard continues. West of England are now in the process of reviewing all submissions made, particularly from Somerset LPA and this review will extend into early 2020.

We do not expect there to be any significant news to report on until April 2020.