The eight-acre site benefits from outline planning permission for 42 residential homes and up to 500sqm of flexible use space. It was previously owned by Marshalls, the UK's leading hard landscaping manufacturer.
Edenstone, which has a track record in quarry redevelopment, intends to redevelop the site for residential purposes, the details of which will be subject to a reserved matters planning approval. It is currently working up plans with a view of submitting such an application later in the year.
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Edenstone Southern's land director, James Morgan, explained: "We are delighted to have unconditionally secured this site – our second in Somerset – which comes after six months of good natured and positive negotiation with Marshalls.
"Subject to planning, we hope to start work on site in the Spring of 2023. This will mark another important step in our growth in the south west region, alongside developments in Sampford Peverell and East Brent.
"We continue to be actively pursuing greenfield and brownfield sites in the region and confidently expect to announce the acquisition of further new sites in the very near future."
