A Residential Redevelopment Opportunity Comprising a Vacant Almost Cleared Site Measuring Approximately 0.21 Ha (0.52 Acres). Offered with Planning Consent for the Erection of 18 Self-Contained New Apartments (1, 2 & 3 Beds) and 3 Commercial Units.

The site is irregular in shape and measures approximately 0.21 Ha (0.52 Acres). It has consent to build 18 residential units consisting of 4 x 1 bedroom units, 12 x 2 bedroom units and 2 x 3 bedroom units together with 3 commercial units. Purchasers are advised there is a 16 foot right of way to Spurgeon St. and an 8 foot right of way to Hythe Hill. The rights of way are marked in blue on the plan in the auction details.

Tenure

Freehold

Overflow

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 amongst the local shops and restaurants of Hythe Quay. The open spaces of Old Heath Recreation Ground are within easy reach. Transport links are provided by Hythe rail station.

Planning

Colchester Borough Council granted the following planning permission (Ref: 111224) on 2nd September 2014: "Redevelopment comprising 18 no. residential units, 3 commercial units". Under the consent is liability for Section 106 Agreements which total approximately £93,000.

Viewing Details

Open Site

Legal Pack Received

False

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.