5.15 acres of freehold development land in an established employment area—flexible commercial potential.
Freehold development land 2.08 ha (5.15 acres)
Established employment area with paved hardstanding
Surrounded by mature trees; natural site boundary
Suitable for commercial, light industrial or mixed redevelopment
Advertised price listed at £7,000,000
Area classified as deprived; local crime level high
Very slow broadband; consider infrastructure upgrades
Requires planning consent and scheme to suit local market
A substantial freehold development parcel of 2.08 hectares (5.15 acres) in an established employment area on Saffron Road. The site is largely cleared with extensive paved surfaces suitable for parking, yards or immediate hardstanding uses, and is bordered by mature trees providing a natural buffer. Ownership is freehold and the advertised price information lists £7,000,000.
This holding will suit commercial or mixed-use developers and investors seeking large, city-edge land with good bus links and nearby amenities. The plot’s size and hard-surfaced areas reduce initial site clearance costs and offer flexibility for storage, light industrial, logistics, or a redevelopment scheme, subject to necessary consents.
Buyers should note material local constraints: the wider area is classified as deprived with high local crime and constrained renters in the immediate neighbourhood. Broadband speeds are reported as very slow, which may affect certain occupier types. These factors will influence end-use choice, tenant mix, and valuations.
Practical advantages include excellent mobile signal, proximity to several primary and secondary schools, and established transport links (bus and stops). Any development plan should allow for neighbourhood socio-economic conditions and factor in remediation, security measures, and infrastructure upgrades where required.