The site (hatched red) comprises farmland now reverted to rough grazing bounded by hedges and trees. The land lies in a single block totalling 9.88 acres with frontage to Thorpe Road and Holland Road. Access to the site is from Thorpe Road.
Clacton on Sea benefits from a well established and resilient housing market which is well placed to take advantage of forecast demographic growth in the region.
The property is situated on the outskirts of Clacton on Sea and approx. 3 miles north of the town centre. The site is within a half mile of Clacton Factory Outlet Shopping Village and the large Morrisons Supermarket situated on Centennial Way.
The location benefits from good transport links being just 2 miles east of the A133 which leads to the A120 and the east coat ports of Harwich and Felixstowe and the A12 trunk road providing links to Ipswich and Norwich to the north and Chelmsford, the M25 and London to the south.
Clacton-on-Sea railway station is approximately 2.5 miles to the south and offers a direct service to London Liverpool Street (approx. 90 minutes).
Full Planning Permission (ref.16/00421/FUL) has been granted for the "Construction of a development of 81 predominantly single storey retirement dwellings ". There is no age restriction in the planning conditions.
The Scheme comprises:
21 no. 2 bed terraced bungalow
4 no. 2 bed semi-detached bungalow
26 no. 3 Bedroom semi-detached bungalow
28 no. 3 Bedroom detached bungalow
2 no. 4 Bedroom detached house
The bungalows range in size from 70 sq. m. to 108 sq. m. The houses are 160 sq m. Each unit has a conservatory and 60 of the units have detached garages. There are 189 car parking spaces in total.
There is a S106 Agreement which provides for the payment of affordable housing, education and healthcare contributions but these are deferred and there is no financial liability if the scheme is completed by 29th June 2023. Thereafter, in each case, any liability is subject to a Viability Assessment with contributions capped at the sums defined in the S106 Agreement.
Further details can be downloaded from Tendring District Council's Planning Portal. Potential purchasers are advised to direct any planning enquiries to Tendring District Council
Main services are believed to be available in the local area.
The site is offered for sale freehold with vacant possession. There are no known easements or current rights of way or wayleaves crossing the site.
An Information Pack including a copy of the Decision Notice, S106 Agreement, Floor layouts, Topographical Survey, Engineering and Flood Risk Assessments, Services Report and Phase I Desk Study is available upon request.
METHOD OF SALE
The property as shown edged red on the plan is to be offered for sale as a whole by private treaty on a conditional or unconditional basis. Potential purchasers are requested to register their interest with us as soon as possible. The Vendor reserves the right to accept any offer received at any time subject to conditions or otherwise without reference to registered applicants.
Guide Price £5,950,000 subject to contract.
The Vendors have not waived their exemption to VAT and will not do so prior to exchange of contracts.
Tendring District Council, Town Hall, Station Road, Clacton-on-Sea, Essex, CO15 1SE
Telephone: 01255 686868.
Each side to bear their own costs. The successful Purchaser will be required to provide a legal undertaking of £5,000 plus VAT in respect of any abortive legal costs incurred if the Purchaser withdraws prior to exchange .
Strictly by prior appointment with the sole agent:
20 Duke Street, Chelmsford, CM1 1HL
01245 261 226
Roger Hayward firstname.lastname@example.org
Louisa Hunt email@example.com
( Agency Pilot Software Ref: 14869216 )