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Outstanding development opportunity

Brentwood, United Kingdom

95%

Offers invited

Land

#34382

Value-Add, Opportunistic

5 Nov 2024

Property Details

Broker

For sale

2.44 acres

Freehold

Other

31,600 sq.ft.

2,936 m²

The consented scheme is for a 2,298 sqm Lidl store at ground floor with 46 residential units above, arranged across three levels.

The scheme will provide 155 surface level car parking.

X

Fees

0.00 %

0.50 %

0.10 %

0.40 %

Investment Overview

Outstanding development opportunity located in the established and affluent residential address of Brentwood, Essex. The site extends to approximately 2.44 acres (1 hectare) in size and is occupied by five vacant commercial premises and a substation. The site benefits from full planning permission, granted by appeal for a 2,298 sqm food store at ground floor with 46 residential flats above and associated car parking. Within this 4 of the units are required to be delivered as affordable homes.