Land west of Brook Street, Colchester | Property for sale | Savills
4.40 Ac(1.78 Ha)
Price on application

Land west of Brook StreetColchester

  • Sold
  • Sole agency
  • Freehold
Development land
4.4 Ac (1.78 Ha)

Key features

  • Consented residential development opportunity located within central Colchester
  • Freehold with vacant possession
  • For sale via private treaty
  • Planning permission granted for 119 one and two bedroom apartments

Consented Residential Development Opportunity for 119 apartments in Colchester, Essex

About this property

  • The Property extends to 1.78 ha (4.4 acres) and is roughly rectangular in shape comprising open grassland, trees and shrubbery. The Property benefits from an approved planning permission (190043) for 119 one- and two-bedroom apartments in five blocks.

Local information

  • The Property is located to the south-east of Colchester and approximately 0.6 miles east of Colchester town centre. Colchester is located approximately 41 km (25.8 miles) northeast of Chelmsford and 107 km (67 miles) north east of London. Colchester is well placed for commuting to London and other major towns and cities in Essex, with road connections to the A12 and the subsequent wider motorway network. Colchester benefits from two railways stations, Colchester and Colchester Town, of which Colchester Town is located approximately 0.4 miles to the west of the Property. This provides a direct service into London Liverpool Street with an average journey time of 1hour 15 minutes. Colchester has a variety of local amenities including a range of shops and restaurants, Colchester Castle, Colchester Zoo and the University of Essex. Magdalen Street, located0.1 miles south of the Property, has an Aldi supermarket and Tesco Express, and Wimpole Road bus stop.

Additional information

  • BID SUMISSION
  • The following is to be submitted as part of any bid:
  • Outline of board approval process;
  • Proof of funding;
  • Details of solicitors to be instructed;
  • Details of the anticipated purchase timetable;
  • Confirmation of deposit to be paid upon completion of contracts;
  • Details of track record and any nearby land interests.