Development

Area A: Land with the Benefit of Planning Permission

This is the land within the Farthingloe Site over which planning permission has been granted and comprises 30.23 acres (Figure 1 - pink area).

In 2005 an application was made to vary the existing planning permission. This application comprised a request for permission to redistribute the consent in respect of one of five large buildings for which consent had previously been granted into 3 smaller office blocks with associated parking. The variation to the planning consent will allow the construction of 18 units of office space with 173 car parking spaces (including 6 disabled spaces) and 39 cycle stands.

Area A, on the edge of an existing settlement area, has been recently designated with Brownfield status. In addition a large area of land within Area A was at one time utilised by Euro Tunnel plc to provide cabins to house its workers during the construction of the Channel Tunnel and considerable sections of this land were concreted.

Under its 'Local Development Framework', Dover District Council has established a short term target of 7,000 new homes. The Directors believe there will be upward pressure on this target in the light of pressure from Central Government to increase the number of new homes to be built in the South East of England. Accordingly, it is the intention of the Directors that the Company should, as and when appropriate, apply for permission for a mixed use scheme with respect to the balance of the Farthingloe Site. The scheme which the Directors have in mind would include approximately 500,000 sq ft of residential development which the Directors believe, if granted, could add to the development potential of this Site.
Area A also includes the listed farmhouse, thatched barn and stables. These properties have already been extensively restored.

Area C: Contractual Arrangements with the Dover Harbour Board

Area C comprises an area of 135.94 acres (Figure 1 - blue area). The Company has granted the Dover Harbour Board the option to acquire between 50 and 70 acres within Area C at a prices of not less than £25,000 per acres which it proposes to use for the purpose of providing a buffer zone/marshalling area for the Port of Dover. It is the intention that this zone will be used to alleviate traffic congestion in the town centre caused by insufficient freight capacity at the port during peak times. The Dover Harbour Board will be obliged as a condition of the sale to provide a new entrance and exit from the land purchased onto the A20.

Area D:

Area D comprises of 106.83 acres (Figure 1 - yellow area). Once the Dover Harbour Board has obtained planning consent for the development it proposes to carry out in the buffer zone the Directors believe there is potential for the development of a further 50 acres within Area D for mixed uses.