Prime Investment / Development Opportunity

- INVESTMENT / DEVELOPMENT OPPORTUNITY

- Two retail units, four apartments and circa 5,650 sq ft of office space with potential for conversion to residential units.

- Site area of approximately 0.19 acres (0.08 ha)

- Circa 100m from Brentwood Train Station

- Offers sought on an “Unconditional” basis

- For sale by Informal Tender

- Development potential

Location

The site is located in the town of Brentwood, approximately 100m to the south of Brentwood Railway Station, which is on the Great Eastern Main Line and provides access to London Liverpool Street in under 35 minutes. Brentwood Station is due to be the penultimate stop on the eastern branch of the Elizabeth Line (Crossrail) and will provide access to Bond Street in approximately 45 minutes and Heathrow in 1 hour and 15 minutes. The town lies in close proximity to the A12, A127 and Junction 28 of the M25. Brentwood benefits from a wide range of retail, leisure and employment facilities, including a well serviced High Street and several primary and secondary schools, including Brentwood School.

Description

The site measures approximately 0.19 acres (0.08 ha) and currently comprises two retail units, office space and four self-contained apartments. The site is bounded by retail units to the north and south, Warley Hill (B186) to the east and Crescent Road to the west. The site is accessible from either Warley Hill or Crescent Road, and approximately 12 parking spaces are available on the western boundary of the site.

Planning

The site is situated within the Local Authority of Brentwood Borough Council. Brentwood are currently in the process of developing their New Local Plan, which is scheduled for adoption in Q2 2019. Following the receipt of positive pre-application advice from the council in March 2018, a planning application has been submitted for the conversion of the office element to nine residential apartments (ref. 18/01110/FUL). Further information in regards to all aspects of planning, along with a Planning Brief prepared by Strutt & Parker, can be found in the Data Room.

Services

Prospective purchasers are advised to make their own enquiries with the relevant service providers. More information on the services and drainage strategy is provided in the Data Room.

VAT

Any guide price quoted or discussed is exclusive of VAT. In the event that a sale or any part or right attached to it becomes chargeable for the purposes of VAT and as such, the tax shall be payable by the purchaser.

Easements, Wayleaves and Rights of Way

The land is offered subject to, and with the benefit or burden of all existing rights of way, wayleaves and easements, whether or not specifically referred to in these particulars.

Method of Sale

Strutt and Parker have instructions to place the property on the market with a view to selling it at the best consideration which can be achieved as a result of the marketing campaign. The vendors do not undertake to accept the highest or indeed any offer. Offers are sought on an “Unconditional” basis on Wednesday 26th February 2020.

Bidding guidance can be found on the Data Room.

Data Room

Access to a Data Room containing all further information including indicative floorplans, pre-application response and tenancy information is available upon request.

Viewings

Viewings should be arranged by prior appointment with the selling agents. Potential purchasers should note that Strutt & Parker take no responsibility for any injury or accident at the property. Viewers and visitors of this property do so at their own risk.

Contact

For more information and appointments to inspect please contact Boris White in the Chelmsford Development Team.

This property has 0.19 acres of land.

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Other details

  • Map & Street View
Map View Street View
Ref: CMR180007

Warley Hill Brentwood Essex CM14

Price On Application

Ref: CMR180007

Warley Hill Brentwood Essex CM14

Price On Application