FREEHOLD VACANT DERELICT OFFICES WITH PP FOR 21 RESIDENTIAL UNITS
Guide price: £950,000 plus *
Thursday, 8th February 2018 11:00am
Location & Description
A derelict three storey former office building on the southern edges of Brantham, off the south side of Factory Lane which runs west into the A137, the principal route to Manningtree mainline station, about a mile away and 8 miles further on to Colchester.
Forming part of a now redundant industrial complex the property is within the Brantham Regeneration Area where the site to the rear is being developed to provide a new rail depot and exclusive access off Factory Lane which is being upgraded in early 2018. Outline planning permission has been granted on the site to the front for circa 300 dwellings.
We understand the dotted area on the location plan is a right of way. Please refer to Title plan.
OFFERED VACANT WITH PLANNING PERMISSION
On 17.10.17 Babergh District Council (Ref: DC/17/03476) consented under PD rights for 21 units (12 x 2-bed ground and first floor duplexes and 9 flats (7 x 1-bed & 2 x 2-bed) on the second floor) providing an approximate total sales area of 16,250 sq ft (1,510 sq m) plus associated parking. A scheme for 28 units within the same building envelope was refused and is being Appealed. Further details available on www.babergh.gov.uk and strettons.co.uk
- Planning Permission for 21 Residential Units
- Appeal for 28 Units
- Regeneration Area
- 1 Mile from Manningtree
Sold after auction for an undisclosed amount
* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.