A Residential Redevelopment Opportunity Comprising a Site Measuring Approximately 0.26 Ha (0.64 Acres) Currently Occupied as an Aggregates Yard but to be Sold with Vacant Possession Upon Completion. Offered with Outline Planning Consent for the Erection of 37 New Apartments together with 274 sq m of Offices and Parking for 50 Cars.

Tenure

Freehold

Location

The site is situated on a mixed use road in the Hythe area of Colchester immediately on the banks of the Colne River and close to local shops and amenities. The open spaces of Old Heath Recreation Ground are within easy reach. Transport links are provided by Hythe rail station.

We understand that the GDV of the Completed Proposed Development would be circa £6m

Planning

A Resolution to Grant an Outline Consent (reference number 152493) was made by Colchester Borough Council on 15th September 2016, subject to completion of a S106 Agreement, for: “37 apartments, 2 office units and associated layout, access and parking with all other matters reserved”.

Viewing Details

Open Site

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.