53-55 High St
Brentwood CM14 4RH
Retail Property For Sale
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INVESTMENT HIGHLIGHTS
- Prominent High Street position
- Mixed Use Redevelopment Opportunity with planning
- Planning Consent for 13 residential Units and 2 Commercial Units
EXECUTIVE SUMMARY
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).
A planning consent (21/01440/FUL) is granted subject to a S106 Agreement, which is 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 under this application will provide for two commercial units on the ground floor, one fronting the High Street and the other, smaller unit, fronting William Hunter Way.
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.
A planning consent (21/01440/FUL) is granted subject to a S106 Agreement, which is 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 under this application will provide for two commercial units on the ground floor, one fronting the High Street and the other, smaller unit, fronting William Hunter Way.
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
5,284 SF
Building Class
B
Year Built
1957
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.12 AC
AMENITIES
- Storage Space