Land at Pound End Mill, South Street, Braintree, Essex CM7 1ES

Investment Consideration:
VAT is NOT applicable to this property
Comprises vacant plot of land, currently used as an open car park
Total site area 310 sq m (3,336 sq ft)
Planning approved for erection of residential block of 4 x 1-Bed Flats
Total approved GIA: 200 sq m (2,152 sq ft)
Two of the flats would benefit from private gardens, while the other two would have a larger shared garden
Situated within 5 minute walk from Braintree Train Station and High Street.

Property Description:
Comprises vacant plot of land, currently used as an open car park with a total site area of 310 sq m (3,336 sq ft).

Development Opportunity.
Planning approved in October 2023 for erection of residential block, consisting of 4 x 1-Bedroom Flats, with associated gardens at rear, providing the following accommodation and dimensions:
Ground Floor:
Flat A: 50 sq m (538 sq ft)
Open plan kitchen/living room, 1 bedroom, bathroom, private garden
Flat B: 50 sq m (538 sq ft)
Open plan kitchen/living room, 1 bedroom, bathroom, private garden
First Floor:
Flat C: 50 sq m (538 sq ft)
Open plan kitchen/living room, 1 bedroom, bathroom, shared garden
Flat D: 50 sq m (538 sq ft)
Open plan kitchen/living room, 1 bedroom, bathroom, shared garden
Total approved GIA: 200 sq m (2,152 sq ft)

For more information, please refer to Braintree planning portal (23/01808/FUL)

Location:
Braintree is a town in Essex, England. The principal settlement of Braintree District, it is located 10 miles (16 kilometres) northeast of Chelmsford and 15 mi (24 km) west of Colchester. The town is bypassed by the modern-day A120 and A131 roads, while trains serve two stations in the town, at the end of the Braintree Branch Line. The property is conveniently located within 5 minute walk to Braintree Train Station and 5 minute walk to the High Street which occupies retailers such as Post Office, Tesco, Costa, Halifax, Natwest and many more.