Frome Town Council to develop it’s land at Saxonvale
Frome Town Council has decided to bring forward the development of it’s land at Saxonvale, the important town centre site, as part of its commitment to the development of Frome’s economy and the regeneration of the former industrial site.
The council owns 1.4 acres of land which it acquired in 2013 and is currently home to SSL, operator of the Saxonvale Training Centre. The land is well placed for meeting the growing demand for business space in the town centre.
Rather than sell the land on, the Council has decided to seek a partner who can help to advance the development. To begin the process, FTC is currently seeking an agent that will advise. The agency will have responsibility for not only identifying prospective partners but also advising on the structure of any joint venture and assisting with negotiations.
Speaking on behalf of the Council, Leader Mel Usher said, ‘This is an ambitious step by the Council and signifies our commitment to meeting the growing demand for office space in the town centre. We have completed survey work that demonstrates that there is little availability for office based businesses that have outgrown their existing premises and the town centre is where many of them wish to be. Using the land that we own we can make a difference and act as a catalyst for further regeneration of the Saxonvale site.’
As part of the process, FTC is committed to working with SSL, operator of the Saxonvale Training Centre to explore whether more permanent accommodation can be provided for them. They currently occupy part of the site in mobile buildings.
Interested agents can obtain a copy of the brief here Agents’ brief 070417. The deadline for submissions is 8 May. Peter Wheelhouse, Economic Development & Regeneration Manager and Deputy Town Clerk is the main contact for enquiries and can be contacted at email@example.com or on 01373 475573.
Published 19th April 2017