Available

Property Details

5,284 Sq Ft
£1,350,000
  • Ref: 308605
  • Type: Class E - Retail, Development Opportunities
  • Availability: Available

Property Summary

Central High Street Retail Unit with Re-Development
Potential
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  • Floor Plan
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Property Features

  • Prime High Street Position
  • Planning Consent for Mixed Use Re-Development comprising 13 residential units and 2 commercial units
  • Suitable for a Variety of Class E Uses
  • Vacant Possession

Description

The property comprises a mid-terraced high street retail unit situated mainly over ground floor with offices, stores and staff facilities at first floor level held under title no EX433654.

The proposed first, second & third floors will provide a mixture of 13, 1 and 2 bed apartment and studios and 1 x 3 bed duplex.

Location
The property is located on the north side of Brentwood High Street within the prime retail pitch and backs on to William Hunter Way. Neighbouring retailers include Boots, Marks and Spencer, Tesco Express, Pret a Manger, Superdrug, and Holland & Barrett. Immediately to the rear of the property on William Hunter Way there is Sainsbury’s supermarket and Brentwood’s main pay & display car park. Brentwood Railway Station ( Elizabeth Line) is 10 minutes’ walk from the property.

Accommodation

Name/FloorSq FtSq MPrice
Ground4,562423.82On Application
1st72267.08On Application
Total5,284490.90 

Terms
The property is offered freehold with vacant possession. Unconditional offers only.

Planning & Use
The property is a former retail unit. A planning consent (21/01440/FUL) is granted subject to a S106 Agreement, for the demolition of an existing rear structure and construction of 3 storey development comprising 13 residential units and ground floor commercial use. The proposed development will provide for two commercial units on the ground floor, one fronting the High Street and the other, fronting William Hunter Way to the rear.

AMLR
In line with current Anti-Money Laundering Regulations, all prospective tenants or purchasers will be required to provide satisfactory identification and verification documentation before any offer can be accepted. We may undertake electronic checks to comply with these obligations.

VAT
Values added tax is applicable to the purchase price.