DEVELOPMENT OPPORTUNITY FOR SALE BY WAY OF INFORMAL TENDER
Key Features
Freehold for sale with vacant possession
Brownfield residential development opportunity
5 minute walk to Wickford mainline Railway Station
Implemented consented scheme of 84 apartments and commercial ground floor
A revised scheme of 158 private apartments with zero social housing has been agreed in principle with the LPA.
Location
The site is located in Wickford Town Centre within the county of Essex, less than a 5-minute walk to Wickford mainline railway station, offering direct connections to London Liverpool Street (37 mins), Southend Victoria (24 mins) and Southminster (31 mins).
Wickford is located north of Basildon and to the south of Chelmsford. Directly north of the site is the Wickford Lawn Tennis & Cricket Clubs with Runwell Road running adjacent to the south. The surrounding area comprises residential housing and a mixture of national and local retailers, including Royal Mail and Aldi.
Description
The property comprises an irregular shaped, cleared greenfield site measuring approx. 0.29 hectares (0.72 acres). On the south side of Runwell Road and opposite the site is a parade of retail units with residential upper parts.
Wickford Cricket Club and Wickford Lawn Tennis Club are both located immediately north of the property.
Planning
The planning authority is Basildon Council, the site is located within the Wickford Town Centre Boundary. The site is also listed within Basildon Council’s Brownfield Land Register Oct 2018.
The site benefits from a ‘technical implementation’ of a planning consent for 84 apartments with ground floor commercial space (Ref 06/00001/FULL).
A planning application was previously submitted in April 2018 with the decision pending for 120 apartments (Ref 18/00519/FULL).
Revised drawings have been submitted under the same planning reference for a larger scheme of 158 apartments, 0% social housing and 0% commercial which has been agreed in principle with the LPA.
Tenure
The property is offered Freehold and will be available with vacant possession.
Terms
The Property is available via Private Treaty, with offers invited subject to the existing planning application for 158 units. The Vendors are not bound to accept the highest and/or any offer. Should a deadline be set all interested parties will be notified in due course.
VAT
If applicable, VAT will be payable at the prevailing rate.
