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Jaywick Lane, Clacton-On-Sea, Essex, CO16

£1,250,000

£57.39 per sq ft

Business rates & charges may apply

Sidney Phillips Limited, South East
SIZE AVAILABLE

21,780-65,340 sq ft

2,023-6,070 sq m

SECTOR

Residential development for sale

USE CLASSUse class orders: A4 Drinking Establishments and Sui Generis

A4, sui_generis_3

Key features

  • Situated on fringes of Clacton-on-Sea
  • Public house generating a rental income
  • Additional land with planning permission for 9 dwellings
  • Site measuring 0.97 acres
  • Potential GDV (excluding public house) of £3,000,000-£3,225,000
  • Priced for quick sale

Description

The property is situated in Clacton-on-Sea, a seaside town and resort in the county of Essex. It is located on the Tendring Peninsula and is the largest settlement in the Tendring District, with a population of approximately 55,000. The area is experiencing rapid expansion with a number of large and medium sized housing developments being constructed on the town's peripherals, which are proving popular with young professionals and families due to the areas commutability to the capital, comfortable work from home surroundings and wealth of amenities.

The town's economy is strong in the service sector, and benefits from two business/industrial parks. In the wider district, agriculture and occupations connected to the Port of Harwich provide further employment.

The town is easily accessible via the A133 and A12, providing fast road communications to London, Ipswich, Colchester and Chelmsford. Trains are operated by Greater Anglia and run hourly to London Liverpool Street via Colchester and Chelmsford, with the full journey taking about 90 minutes.

The property is situated on Jaywick Lane, on the eastern fringes of the town. It overlooks the surrounding countryside, but is only a ten minute drive from the town centre and station.

The property comprises an extensively refurbished public house with squash club and associated facilities to the rear. The property occupies a site measuring in the region of 0.97 acres. The property is not a listed building, does not fall within a Conservation Area and is not listed as an Asset of Community Value. The property benefits from planning permission for retention of the public house and demolition of the squash court building to allow the erection of nine residential dwellings as follows:

- 6 x Three bedroom, two bathroom, semi-detached houses
- 3 x Three bedroom, two bathroom, detached houses

Full details can be found registered with Tendring Council under reference 24/00440/OUT. Plans available on request.

The property comprises:

PUBLIC HOUSE
Ground floor:
- BAR: Carpeted flooring, bar servery and seating for 80-90.
- GAMES ROOM
- DINING ROOM: Seating for 34.
- GENTLEMEN'S TOILETS
- LDIES' TOILETS
- TRADE KITCHEN: Equipped with a range of commercial catering units.
- PREP & WASH-UP AREA: Walk-in chiller offset
- LEAN-TO STORE
- ON-LEVEL CELLER
- OFFICE

First floor:
- THREE DOUBLE BEDROOMS
- LIVING ROOM
- BATHROOM

SQUASH COURT BUILDING
- FUNCTION ROOM
- BAR
- TRADE KITCHEN
- PREP AREA
- FOUR SQUASH COURTS: With viewing galleries above
- GENTLEMEN'S CHANGING ROOM
- LADIES' CHANGING ROOM
- GENTLEMEN'S TOILETS

EXTERNAL
- CAR PARK: Space for 50 to 60 vehicles.
- REAR PATIO
- FRONT & SIDE SEATING AREA: Seating for 50-60. Smoking solution.
- PRIVATE GARDEN
- DOUBLE GARAGE

Jaywick Lane, Clacton-On-Sea, Essex, CO16

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Clacton Station1.5 miles
  • Weeley Station3.9 miles
  • Thorpe-le-Soken Station4.0 miles

About Sidney Phillips Limited, South East

Shepherds Meadow, Eaton Bishop, HR2 9UA

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

Notes

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