22a, Duke Street, Chelmsford, Essex, CM1 1HS
£229.38 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,722 sq ft
160 sq m
- SECTOR
Commercial development for sale
Key features
- DEVELOPMENT SITE
- FULL PLANNING PERMISSION
- NO CIL PAYABLE
- CITY CENTRE LOCATION
- CLOSE TO CHELMSFORD RAILWAY STATION
Description
The property comprises a development opportunity just off Dukes St. The current planning permission is for four one-bed, and one two-bed flat to be completed to a high specification. The CIL has been paid, and the demolition which formed part of the development has been completed, so there is no expiration date to the planning permission.
Whilst the current permission is for 5 flats, our view that that an alteration to the planning for either 3 town houses, or one large HMO would increase the potential GDV. All potential purchasers are recommended to undertake their own research.
Location
The property is situated behind Duke Street, adjacent to Cathedral Walk, a popular location for estate agents and professional services within Chelmsford City Centre. The property is close to Chelmsford High Street, with its range of retail and leisure facilities, and within a two minute walk of Chelmsford mainline railway station, offering direct trains to London Liverpool Street within 35 minutes.
Accommodation
Site GEA: 1,750 sq ft approx (160 sqm)
Tenure Comments
This development site is available on a freehold basis with a guide price of £449,000.
Legal Costs
Each party to be responsible for their own legal costs incurred.
Viewing
Strictly by appointment with sole agents Elwell Taylor.
Planning
The property benefits from a fully approved planning scheme which can be found under application number 15/01231/FUL.
The CIL has been paid, and the works have commenced meaning the permission is not at risk of expiry.
Brochures
22a, Duke Street, Chelmsford, Essex, CM1 1HS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chelmsford Station0.1 miles
- Ingatestone Station6.0 miles
About Elwell Taylor Commercial, Chelmsford
65 New London Road, Chelmsford, CM2 0ND
The Property Professionals * Award Winning Independent Estate Agent established in 2002 * Residential Sales & Lettings * Prominent Town Centre Office with Parking * Traditional service regulated by the RICS * Most of our business comes through recommendations and our hard earned reputation * Experienced & enthusiastic staff with good local knowledge * We act in our client’s best interests at all times *
Notes
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