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3 Marine Parade East, Clacton-On-Sea, Essex, CO15

Fixed Price
£1,250,000

£143.48 per sq. ft.

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE
8,712 sq. ft.
(809 sq. m.)
SECTOR
Land for sale

Key features

  • Communal lift connecting all floors
  • Party Wall - All signed off
  • Vendor has already chosen Contractor, the Buyer has option to proceed with the Contractor or appoint their own
  • Design and Structural drawings are completed and will be provided

Property description

Tenure: Freehold

Investment Consideration:
Purchase Price: £1,250,000
SPV can be acquired for the purchase of this property
VAT is NOT applicable to this property
Comprises plot of land (0.20 acres) with planning approved for development of a 5 storey building, consisting of a restaurant/pub at ground floor and 1 x 14 Apartments above
Party Wall - All signed off
Vendor has completed demolition and additional ground surveys
Property would benefit from 14 car parking spaces at basement level
Private terrace for each flat
Communal lift connecting all floors
Design and Structural drawings are completed and will be provided
Structural Engineer and Architect has been appointed and received 50% of payment, which is included in the sale of the property
Vendor has already chosen Contractor, the Buyer has option to proceed with the Contractor or appoint their own
According to the Vendor, Costa and Starbucks already expressed interest in occupying the ground floor commercial unit
Located at the beach front, opposite Clacton Pier
Nearby occupiers include JD Wetherspoon, Franco`s, amongst number of restaurants, hotels and others

Property Description:
The property comprises plot of land at the beach frontline with approved planning for development of 5 storey building with restaurant/pub at ground floor level, 14 apartments above and 14 car parking spaces at basement level. All flats would benefit from communal lift and private terrace.

The property would provide the following accommodation and dimensions:
Lower Ground Floor: Car Park 529 sq m (5,694 sq ft)
Ground Floor: Restaurant/Pub 433 sq m (4,660 sq ft)
First Floor: 4 Residential Flats 342 sq m (3,681 sq ft)
Second Floor: 4 Residential Flats 342 sq m (3,681 sq ft)
Third Floor: 4 Residential Flats 302 sq m (3,250 sq ft)
Fourth Floor: 2 Residential Flats 160 sq m (1,722 sq ft)
Fifth Floor: Mezzanine 29 sq m (312 sq ft)
Total area size: 2,137 sq m (23,000 sq ft)

Location:
Clacton-on-Sea is the largest town in the Tendring peninsula and district in Essex, eastern England. The town is served by Clacton-on-Sea railway station (90 minutes to London Liverpool Street station). The town also benefits from its own airport. Clacton has a pleasure pier, arcades, a golf course, caravan parks and an airfield. The town and its beaches are still popular with tourists in the summer and there is an annual entertainment programme including the Clacton Carnival and Clacton Air show. Clacton has a shopping area with many of the usual national chains represented, and a Factory Shopping Village in the north of the town. The property is located at the beach front, opposite Clacton Pier. Nearby occupiers include JD Wetherspoon, Franco`s, amongst number of restaurants, hotels and others.

Brochures

3 Marine Parade East, Clacton-On-Sea, Essex, CO15

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Clacton Station0.4 miles
  • Thorpe-le-Soken Station4.2 miles
  • Kirby Cross Station4.5 miles

About Blue Alpine, London

83c Ashley Gardens, Thirleby Road, London, SW1P 1HG

Blue Alpine is a leading advisory company that helps clients around the world turn property into a path for growth. We plan and deliver solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. Together, we unlock potential. At Blue Alpine, we believe a comprehensive understanding of a client’s financial goals are key to helping them fulfil their investment expectations. By employing a transparent and consultative approach we can asse

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