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News Release

EXETER

Prime waterside development opportunity in Bideford goes up for sale

JLL appointed to market East-the-Water Wharves site


EXETER, January 30 2017 – A prominent waterside site in Bideford, which has planning permission for new homes, commercial space, a marina and car parking, has gone on the market.

East-the-Water Wharves is on the east side of the River Torridge on Barnstaple Street and is currently home to a car park and a number of temporary and historic buildings.

The 2.14 acre site already has planning permission for 52 homes and 8,213 sq ft of shops and restaurants and Torridge District Council is now marketing the site to developers who can transform the vision into a reality.

Mark Walter, associate director at JLL in Exeter, said: “The regeneration of this site is crucial for Bideford and has been identified as a once-in-a-lifetime development opportunity to transform the appearance of the town centre.

“This waterfront site has huge potential and we are confident that we will attract a high calibre of developers who are able to take it on and create something really exciting for the town.”

Councillor Jane Whittaker, lead member for Torridge District Council, said “With the marketing of the site now underway we hope to very quickly find the right partner to take this landmark project forward. The transformation of the site into a new destination is going to be a big economic boost for the area and we are determined to get the building underway as soon as possible.”

Bideford is in Devon, roughly 10 miles from Barnstaple, which has a railway station providing links to London Paddington and Waterloo.

The site has no Section 106 obligation or affordable housing and is allocated as a strategic regeneration priority.

Offers are invited for the freehold interest with vacant possession.

Contact adelle.moore@eu.jll.com for further information.