22 acres (8.9 ha) of prime commercial development land with outline permission

C I R E N C E S T E RUniversity Gate

University Gate, Cirencester, offers a unique opportunity in the form of 22 acres of development land, with a prominent road frontage at the

western entrance to Cirencester. This popular and expanding market town,with a population of approximately 20,000, is unofficially known as the

‘Capital of The Cotswolds’.

Loveday, as agents to the Royal Agricultural University, are instructed toseek expressions of interest in this development land.

CIRENCESTER

CHURCH

A419

A429 TO TETBURY

A419 TO STROUD

UNIVERSITY GATE

CIRENCESTEROFFICE PARK

CHESTERTON DEVELOPMENT LAND

(2,350 NEW HOMES)MARKET PLACE

INTRODUCTION

C I R E N C E S T E RUniversity Gate

The main conurbations of Cheltenham, Gloucester and Swindonare 18, 15 and 19 miles away respectively. Kemble RailwayStation, which offers a direct rail link to London Paddington, is just3 miles distant.University Gate is situated at the western entrance to Cirencester,at the junction of the busy A419 Stroud Road and A429 TetburyRoad. The site is less than 1 mile from Cirencester Market Placewhich is easily accessible by foot, bicycle or car. Cirencester town centre has seen numerous improvements inthe recent past including the Post Office / Blackjack Streetredevelopment and the semi-pedestrianisation of the Market Place.The town benefits from a high number of specialist independentretailers, hotels, bars and restaurants and is a popular touristdestination, attracting visitors globally.

A419Swindon Road

TOWNCENTRE

Swindon Road

GloucesterM5 J11a

SwindonM4 J15

Burford Road

St. James's PlaceWaitrose

Leisure Centre

A417

A419Stroud Road

A429Tetbury Road

A417Gloucester Rd

UniversityGate

Cirencester is situated in the Cotswolds, an area of outstandingnatural beauty in the South West of England. The town benefitsfrom direct access to the A417 / A419 dual carriageway whichoffers easy access to junction 11a of the M5 to the north westand Junction 15 of the M4 motorway to the south east.

CLICK FOR

M4

M40

A419

M4

M5

M1

M3

ChippenhamBristol

Swindon

Gloucester

Cardiff

Birmingham

Oxford

Reading

Bath

Salisbury

Cheltenham Luton

Cirencester

LOCATION

C I R E N C E S T E RUniversity Gate

University Gate comprisesapproximately 22 acres(8.9 ha) of commercialdevelopment land on theedge of the Royal AgriculturalUniversity Campus.

The site is immediately adjacent to the proposedChesterton Development Area, where outlinepermission has been granted for the development of2,350 homes, a school and community centre. Thisis a major development which will see a significantphased expansion of the town on its western edge.The majority of the site boundary benefits fromprominent road frontage to the A419 Stroud Roadand A429 Tetbury Road; both of which are busyarterial roads providing access into Cirencester fromthe west.

REEVES

Cirence

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ffice P

ark

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University Gate

TRENT LODGEINNOVATION ANDENTERPRISE HUB

STEADINGSCOTTAGES

RAU Campus

THE SITE

C I R E N C E S T E RUniversity Gate

Planning Policy PositionUniversity Gate is covered by Policy EC4 of the Cotswold District Local Plan. The Local Plan was adopted in August 2018. Policy EC 4 allows development proposals for the expansionof the existing University campus, including associated development for educational, training, business and research development, student accommodation and other operational floorspace.

PLANNING HISTORY

University Gate currently benefits from anextant consent for the erection of commercialbuildings for uses comprising education,research, agricultural business and conferencefacility with associated infrastructure works.The permission was originally granted in April2007 but subsequently renewed (under ref:10/00964/OUT) in May 2013. The developmentpermitted 34,373m2 of new floorspace withan associated roundabout entrance on theA429 Tetbury Road. Reserved matters for theextant planning permission were submitted inMay 2018 and are currently under considerationwith the local planning authority.The principle of commercial and other useson the site are therefore well established bythe planning history on the site as well as therecently adopted planning policy.

Any emerging development proposals will needto be carefully masterplanned and have specialregard to the Parkland setting of the maincampus as well as ensuring that the sportingprovision on the main University campus to the west is maintained and safeguardedagainst development.

PLANNING

University Gate offers a major commercial developmentopportunity to developers, investors and occupiers alike.The site is situated in a prime position at the entrance toCirencester benefitting from main road frontage to themajority of the site boundary.

C I R E N C E S T E RUniversity Gate

Major employers within Cirencester include St. James’s Place Wealth Management, Money, Mitsubishi Motorsand Corin Group. Notable retail operators in Cirencester include Waitrose, Fat Face, Joules and The AGA Shop. The town is alsohome to a host of specialist high quality retailers, several hotels and numerous bars, cafés and restaurants.

BASIS OF DISPOSAL

Our client retains a flexible approachas to the means of disposal and isseeking expressions of interest fromdevelopers, investors and occupiersfor part or all of the site. Consideration will be given to adevelopment partnership or anoutright sale on a conditional orunconditional basis.

Cirencester is an attractive and affluent Market Town enjoying easy access to several major commercialcentres including Cheltenham, Gloucester, Bath and Swindon. The cities of Birmingham and Bristol arealso within easy reach. The town is situated with an Area of Outstanding Natural Beauty (AONB) and isa popular tourist destination, whilst retaining a vibrant and well balanced local economy andemployment base.

THE OPPORTUNITY

C I R E N C E S T E RUniversity Gate

KEY ECONOMIC INFORMATION

• Cirencester has a dominant role in the Cotswold District’s economy

• At c. 20,000 people the town houses a quarter of the District’s population

• 30% of the District’s jobs based within the town (6)

• Key location for business services, finance, retail and public services

• Low unemployment rates

• Service sector accounts for largest proportion of jobs in the District

• Demand for employment land tends to be focused on Cirencester

• District’s economy forecast to continue growing with tourism being a majorand growing element of the economy

(6) 6 ONS Census 2011 Office for National Statistics and Business Register and Employment SurveyOffice for National Statistics Data to 2013.

LOCAL EMPLOYERSINCLUDE:

TRAVEL TIMES / DISTANCES RAIL (from Kemble Station) ROAD

London 1hr 22 mins 2 hrs 7 min

Reading 44 mins 1 hr 11 mins

Swindon 15 mins 30 mins

Bath 1 hr 10 mins 1 hr

Bristol 1 hr 28 mins 1 hr 15 mins

Gloucester 43 minutes 35 mins

WAITROSE

MONEY

CORIN

MITSUBISHIMOTORS

ST. JAMES’SPLACE

LOCAL ECONOMY

Important: Loveday for themselves and for the vendor/lessor of this property whose agents they are give notice that (i) these particulars do not constitute any part of an offer or contract (ii) all statements contained in these particulars are made without responsibility on the part of Loveday or thevendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact; (iii) any intending purchaser/lessee must satisfy themself by inspection or otherwise as to the correctness of each of the statements contained in these particulars; (iv) the

vendor/lessor does not make or give and Loveday nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property; (v) all rentals and prices are exclusive of VAT.

Brochure compiled September 2018. Designed and produced by Obelisk Design Ltd. 01793 861400.

C I R E N C E S T E RUniversity Gate

DATA ROOM INFORMATION

The following information is available todownload from the data room:

• Title • Site information• Site levelled surveys• Planning and highways• Environmental Survey• Ground condition report• Servicing information

CONTACTS

Further information is available via the sole agentsLoveday. Please contact:Alastair Andrews • alastair@loveday.uk.comBradley Forbes • bradley@loveday.uk.com

CONTACTS & FURTHER INFORMATION