Land for sale

LOCATION



The property is located approximately one mile from Braintree town centre and less than one mile from the A120.



The site is located next to National Tyres, opposite a recently constructed Lidl and Ernest Doe showrooms. Two car dealerships are also in close proximity to the site.



This section of Rayne Road has seen the recent completion of a Doctor’s Surgery, the Community Hospital and the development of Old Saint Michaels into over 80 apartments.



Braintree is an expanding market town with an ever-increasing population and catchment area, currently circa 40,000 and 125,000 respectively. The town centre has benefited from the construction of the George Yard Shopping Centre and the new Freeport Outlet Park. Braintree Railway Station provides a mainline rail service to London’s Liverpool Street with a travel time of approximately one hour. The A120 is now a dual carriageway providing improved access to J8 of the M11 and Stansted Airport. The Great Leighs by-pass has now completed, improving the A131 and access to both Chelmsford and the A12.



DESCRIPTION

This regular shaped site extends to approximately 0.55 acres and has a frontage onto Rayne Rd of approximately 65 ft.



The site widens to the rear behind the adjoining motorcycle dealership. At the front of the property there is an old showroom and office building with a small first floor office extending to approximately 1800 sq ft with as ground floor canopy. This building is currently being use as a car wash. The tenant is paying an annual rent of £12,000 pa on a short term lease which expires in January 2013.



On the northern boundary of the site, the adjoining owners have a right of way over an area 16 ft wide running the full length of the National Tyres Building.



PLANNING

We recommend that interested parties speak to Braintree District Council Planning Department regarding the current planning position.



However we are aware that adjoining owners have secured planning consent for residential use and with the established showroom and retail occupiers nearby there is potential for other similar uses.



TERMS

The freehold interest is available offers are sought in excess of £385,000.



SERVICES

All main services are available.

Note: Joscelyne Chase have not tested any of the services.



RATEABLE VALUE

Applicants are welcome to make enquiries direct with Braintree District Council, tel. no. (01376) 552 525.



LEGAL FEES

Each party is responsible for their own legal fees.



VIEWING

Strictly by appointment with JOSCELYNE CHASE, please contact the Commercial Department (01376) 554 514.