Land in TA3 available for sale
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Land Plots for Sale near TA3, Taunton

Land Plots for Sale Within 5 miles of the TA3, Taunton

More details for 13 Gravelands Ln, Taunton - Land for Sale

Thornfalcon Works - 13 Gravelands Ln

Taunton, TA3 5DL

  • Land for Sale
  • £7,500,000
  • 26.24 ac Plot

Taunton Land for Sale - Taunton Deane

Thornfalcon Works comprises a 26.24-acre freehold Industrial Outdoor Storage (IOS) estate, strategically located at Henlade, approximately 3 miles east of Taunton and just 1.5 miles from Junction 25 of the M5, accessed via the A358 dual carriageway. The estate is predominantly surfaced with hardstanding, concrete and tarmac, and accommodates a mix of open storage land, ancillary industrial buildings and non-commercial land, providing an established and operational IOS environment. Approximately 20.23 acres are currently in active commercial IOS use across four separately accessed plots, benefitting from mains electricity, water and drainage, alongside a wide concrete access road and secure gated entrance. Additional land includes a grazing plot and a former residential dwelling scheduled for demolition. The property is multi-let on six leases and produces a current passing rent of £587,650 per annum, equivalent to approximately £0.65 per sq ft across the let IOS areas, which is considered significantly reversionary, with an estimated ERV in excess of £1,000,000 per annum. Planning uses across the estate comprise a mix of B2, B8 and sui generis, with Somerset Council having previously identified the site as ‘potentially developable’ within its Strategic Housing Land Availability Assessment (2023), providing longer-term alternative use and redevelopment prospects. The investment benefits from a low capital value of approximately £285,000 per acre, strong tenant demand for IOS land, and excellent connectivity across the South West, reinforcing its appeal as a highly reversionary, future-proofed land-led investment.

Contact:

Carter Jonas LLP

Property Subtype:

Industrial

Date on Market:

28/04/2026

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More details for Canal Rd, Taunton - Land for Sale

Canal Rd

Taunton, TA1 1PH

  • Land for Sale
  • Price Upon Request
  • 0.63 ac Plot
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FAQs about Commercial Development Land For Sale in TA3

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How many Land Plot listings are available for sale in TA3?
There are currently 0 Land Plots available for sale near TA3.
What factors could affect the prices of Land Plots in TA3?
Several factors can impact the price of Land Plots, including the size and location of the property, planning status, access to utilities, local demand, and future development potential.
What other types of commercial property are available for sale in TA3?
There is a diverse range of commercial properties available in TA3 to suit various business needs. TA3 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries.
Do I need planning permission before buying commercial land?
Not necessarily, but land with outline or full planning permission is generally more valuable and easier to develop. If buying without permission (often called 'strategic land'), you’ll need to apply through the local planning authority before development can proceed.
What is the difference between brownfield and greenfield land?
Brownfield land refers to previously developed land (e.g. former industrial or commercial sites), often with existing infrastructure. Greenfield land is undeveloped and typically located in rural or suburban areas. Brownfield sites may require more remediation but are often easier to gain planning consent for.
What due diligence should I carry out before purchasing development land?
Check the planning history, local development plan, title and legal ownership, contamination or environmental risks, access rights, and any restrictive covenants. Engage planning consultants and solicitors early in the process.
Is access to services important when buying development land?
Yes. Availability of electricity, water, sewage, and road access significantly impacts development viability and cost. Fully serviced plots are more desirable and typically fetch a premium.
What types of developments can commercial land be used for?
Depending on planning permission, commercial land can be developed into retail parks, industrial estates, logistics hubs, office parks, mixed-use schemes, or leisure facilities. The site’s location and zoning will influence its most suitable use.
What taxes and costs apply when buying commercial land in the UK?
Buyers may be liable for Stamp Duty Land Tax (SDLT), VAT (if applicable), legal and surveying fees, and planning application costs. SDLT on non-residential land starts at 2% above £150,000 and rises to 5% over £250,000.

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