LOT 18

27 - 31 High Street, Walton-on-the-Naze, Essex, CO14 8BW

FREEHOLD VACANT FORMER WORKSHOP WITH CONSENT FOR REDEVELOPMENT TO PROVIDE 10 APARTMENTS
Guide price: £400,000 plus*

Auction Date

Wednesday, 11th September 2019 12:00pm

Location & Description

A former car workshop located on the north side of the High Street at its junction with Churchfield Road in the heart of the Essex coastal resort town and approximately 100m north of Walton-on-the-Naze mainline station.
Walton-on-the-Naze is about a mile north of Frinton-on-Sea and is well known for its pier, yacht club and marina.

Accommodation

A double bay former workshop of approximately 8300 sq ft (771 sq m) including forecourt area (measurement taken from digital mapping).

The proposed accommodation will comprise 10 x 2 bedroom apartments each with a balcony or a terrace. Each apartment will be arranged as an open plan living room/kitchen, 2 bedrooms and a bathroom.

There will be a total of 10 car parking spaces and 24 bicycle spaces.

Tenure

Freehold

PLANNING

Planning consent was granted in April 2019 (ref: 18/01244) by Tendering District Council for "Demolition of existing commercial building and replacement with 10 apartments with associated parking & landscaping" within a three storey block. Subject to a s.106 Agreement (details on website).

Property Features

  • Planning Permission for 10 x 2-bed Flats
  • Town Centre Location
  • Close to Mainline Station and Seafront

Status

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.