Offers over
£850,000
Retail premises for saleLondon Road, Benfleet SS7
Freehold
About this property
Prime development opportunity
Consent for 8 flats (4 x 2-bed and 4 x 1-bed units) Planning reference: 25/0503/CPA3MA
Excellent Connectivity
Potential to add another floor subject to planning
Car park with 8 spaces
An exciting and fully consented residential development opportunity in a prominent and highly accessible location. Situated along the busy London Road (A13) in Hadleigh, this substantial property benefits from excellent visibility, transport links and nearby amenities.
Planning permission has now been approved for the change of use of the entire property to residential, comprising 8 self-contained flats made up of 4 x two-bedroom apartments and 4 x one-bedroom apartments, offering a ready-to-implement scheme for developers and investors.
Key Features
Prominent position on London Road (A13), Hadleigh
Approved change of use for the whole building to residential
Consent for 8 flats (4 x 2-bed and 4 x 1-bed units)
Planning reference: 25/0503/CPA3MA
Previously commercial accommodation across three floors
Rear car park providing 8 parking spaces
Potential for further enhancement including adding an additional floor, subject to planning
Strong local amenities and transport connections
Close proximity to Lidl Supermarket and National Tyres Garage
Planning Details
application no. 25/0503/CPA3MA
Change of use of the entire property to residential, comprising 4 x two-bedroom flats and 4 x one-bedroom flats.
Historic approval:
Application no. 20/0270/cpa – Prior Approval for change of use of first and second floors from offices (Class B1(a)) to 8 x 1-bed flats (Class C3) (now superseded).
Summary
This is a rare opportunity to acquire a prominently located building with full residential consent already in place, significantly reducing planning risk and timescales. Ideal for developers seeking a strong residential scheme in an established and well-connected area. RX257529
Tenure
Ground Floor Shop with Forecourt and covered rear yard - tenant is holding over an expired lease at £15,000 per annum; 2 x First Floor Offices are Vacant; Second Floor Office - tenant is holding over an expired lease at £15,000 per annum, with an additional £2,500 per annum service charge
Business Rates
Shop/Showroom rv - £15,500
First floor offices (front) rv - £9,300
First floor offices (rear) rv - £3,450
Second floor offices rv - £10,750
Legal Costs
Each party are to be responsible for their own legal costs incurred in this transaction
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission
Planning permission has now been approved for the change of use of the entire property to residential, comprising 8 self-contained flats made up of 4 x two-bedroom apartments and 4 x one-bedroom apartments, offering a ready-to-implement scheme for developers and investors.
Key Features
Prominent position on London Road (A13), Hadleigh
Approved change of use for the whole building to residential
Consent for 8 flats (4 x 2-bed and 4 x 1-bed units)
Planning reference: 25/0503/CPA3MA
Previously commercial accommodation across three floors
Rear car park providing 8 parking spaces
Potential for further enhancement including adding an additional floor, subject to planning
Strong local amenities and transport connections
Close proximity to Lidl Supermarket and National Tyres Garage
Planning Details
application no. 25/0503/CPA3MA
Change of use of the entire property to residential, comprising 4 x two-bedroom flats and 4 x one-bedroom flats.
Historic approval:
Application no. 20/0270/cpa – Prior Approval for change of use of first and second floors from offices (Class B1(a)) to 8 x 1-bed flats (Class C3) (now superseded).
Summary
This is a rare opportunity to acquire a prominently located building with full residential consent already in place, significantly reducing planning risk and timescales. Ideal for developers seeking a strong residential scheme in an established and well-connected area. RX257529
Tenure
Ground Floor Shop with Forecourt and covered rear yard - tenant is holding over an expired lease at £15,000 per annum; 2 x First Floor Offices are Vacant; Second Floor Office - tenant is holding over an expired lease at £15,000 per annum, with an additional £2,500 per annum service charge
Business Rates
Shop/Showroom rv - £15,500
First floor offices (front) rv - £9,300
First floor offices (rear) rv - £3,450
Second floor offices rv - £10,750
Legal Costs
Each party are to be responsible for their own legal costs incurred in this transaction
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission
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Monthly repayment
£4,252 per month
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