Description
Mixed use development opportunity in Kings Road, Brentwood with planning permission for 3 ground floor retail unit and 8 flats above.
Location
The site is located on Kings Road in Brentwood, less than half a mile from the centre of Brentwood High Street and is on the same road as Brentwood Railway Station, which provides access into London via Greater Anglia, and Crossrail services. The property is less than two miles away from the M25 and A12 Junctions, meaning the location benefits from great public and private transport links.
Tenure Comments
All offers can be made to the sellers sole agent, Elwell Taylor.
Legal Costs
Each part to be responsible for their own legal costs incurred.
Viewing
As a development opportunity all interest parties are advised to undertake their own investigations into the local market and area, as well as undertake any external viewings of the site. Internal viewings of the existing building may be available upon request.
Information on Development Opportunity
The site has planning permission for the demolition of the existing structures, and construction of 3 ground floor retail units (44 sq m, and 2x 50 sq m), and 8 flats above (7x 2-bed and 1x 1-bed). The flats themselves range from 60 - 80 sq m. To the rear of the building there is permission for a communal garden and bike store.
Planning
Planning Application Number: 21/01138/FUL
Further details are available on request.
Existing Property
The property currently comprises a mixed use building let on five separate tenancies expiring by 30th September 2023 and providing a total income of £51,300 per annum. A tenancy schedule is available upon request. ( Agency Pilot Software ref: 18 )
