Attractive Low Density Residential Development Opportunity totalling approx. 3.1 acres offered for sale freehold with planning permission for 26 family homes.
The property is located in a well regarded residential area approx. two and a half miles north of Colchester Town Centre, close to the junction of the A134 and Boxted Road on the edge of Mile End.
There is direct Road access to the A12 via Mill Road and Via Urbis Romanae.
The site forms part of the Colchester North Urban Growth Area and offers easy access to Colchester North Station (1.25 miles) and a wide range of existing and proposed local shopping and leisure facilities in Mile End. Colchester Football Stadium and the new David Lloyd Leisure Centre on Cuckoo Farm are nearby.
The property comprises a cleared level rectangular site with its own access off a side road from Boxted Road. The site is believed to have been used previously used for livestock grazing. To the best of our knowledge, the land is not subject to any particular constraints.
The approved scheme comprises some 26 no. three and four bed family homes accessed off a central spine road with a large area of open space to the north. The total gross floor area is 2,970 sq. m. with houses ranging in size from 94 to 140 sq m. with a mixture of onsite and adjacent parking in Courts.
Type A - 2 x 128 sq. m. 256 sq. m.
Type C - 2 x 105 sq. m.210 sq. m.
Type D - 6 x 140 sq. m.840 sq. m.
Type J - 10 x 106 sq. m.1,060 sq. m.
2 x 114 sq. m.228 sq. m.
Type K - 4 x 94 sq. m.376 sq. m.
Planning Permission has been granted (Ref 162399) subject to a S106 Agreement for a high quality private housing development with associated garages/car ports and parking spaces, estate roads, acoustic fence, detention basin, local area of play and landscaped amenity space. The S106 requires the provision of 5 no affordable homes plus additional financial contributions
Further details can be downloaded from the Borough Council's Planning Portal. An Information Pack providing background information on the site and other information can be downloaded from our website.
Potential purchasers are advised to direct any enquiries to Colchester Borough Council Planning Department (tel. 01206 282424) Attn Sue Jackson.
All mains services are believed to be available in the local area.
The site is offered for sale freehold with vacant possession subject to such existing easements or wayleaves as may exist.
An Information Pack including a copy of the Planning Application, Committee Report, Floor layout, Topographical Survey, Drainage Strategy, Services Report and Land Registry Title extract is available to download from our website http://www.fennwright.co.uk/development/
METHOD OF SALE
The property as shown edged red on the attached plan is to be offered for sale as a whole. Potential purchasers are requested to register their interest. The Vendor reserves the right to accept any offer received at any time subject to conditions or otherwise without reference to registered applicants.
BASIS OF OFFER
Guide Price £1.75M.
The Vendors have not waived their exemption to VAT and will not do so prior to exchange of contracts.
Interested parties are required to bear their own costs in relation to any site or planning investigations undertaken or legal costs incurred irrespective of the outcome of any offer.
Colchester Borough Council
Rowan House, 33 Sheepen Road, Colchester, CO3 3WG
Strictly by prior appointment with the sole agent:
20 Duke Street, Chelmsford, CM1 1HL
01245 261 226
Roger Hayward - firstname.lastname@example.org
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