Former army reserve centre snapped up for potential residential development

A former army reserve centre in Stoke-on-Trent could be transformed into a residential scheme following its recent sale.

The 2.15 acre site on Waterloo Road, Hanley has been sold on behalf of West Midlands Reserve Forces & Cadets Association (WMRFCA) to Fenton Park Developments for £580,000.

Commercial property agents John Truslove is retained by the WMRFCA to advise on the organisation’s property assets.

The Hanley site is one of three that John Truslove has currently been marketing, with a site in New Broad Street in Old Town, Stratford-upon-Avon, sold subject to planning, and a further site in Leamington Spa also under offer.

Ben Truslove, joint managing director of John Truslove, said: “The Waterloo Road property comprises a former army reserve centre which had become surplus to requirements, having relocated to a smaller, newly-built facility to the south west of the site.

“The site is in a location that is deemed to be suitable for conversion or residential development and we understand that it is the intention of the purchaser to clear the site and seek planning permission.

Truslove added: “Sites with development potential are much in demand and we are experiencing particularly strong interest in sites of this size.”

Fenton Park Developments were advised by Butters John Bee.

HCB Solicitors in Solihull acted for WMRFCA and the purchaser was advised by RJS Solicitors in Stoke-on-Trent.