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COMMERCIAL

Commercial property for sale

High Street, Billericay, Essex, CM12 9AB

£2,500,000
Binks and Brown, Corringham
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Residential Development Opportunity
  • 10 Apartments Approved
  • Further Development Potential STPP
  • Marketable Unit Mix
  • Town Centre Parking Provision Included
  • Rare Consented Opportunity
  • Planning Ref: 24/00728/PACU
  • Prime High Street Location

Description

An exceptional opportunity to acquire a consented residential development in the heart of Billericay High Street, one of Essex's most desirable and supply-constrained commuter towns.

Prior Approval has been granted for the change of use from Class E (Commercial, Business and Service) to Class C3 (Residential), permitting the creation of 10 self-contained apartments arranged over the first and second floors.
The approved scheme comprises 8 one-bedroom and 2 two-bedroom apartments, a highly marketable unit mix aligned with local demand.

Importantly, the scheme benefits from 18 allocated car parking spaces - a significant premium for a High Street location and a key differentiator within Billericay town centre.

The property occupies a prominent position within a thriving commercial environment, surrounded by established retailers, cafés, and amenities. Billericay railway station is within walking distance, providing regular mainline services to London Liverpool Street and underpinning strong commuter and rental demand.

Further Development Potential (Subject to Planning):

In addition to the approved scheme, the vendor is in the process of preparing a further planning submission to enhance the development, offering clear future upside for an incoming purchaser.

This includes proposals for:

1 additional residential unit at ground floor level.

An additional storey, creating 3 further residential units.

Approximately 700 sq ft of ground floor office/retail space to the front of the building, designed to satisfy town-centre and planning policy requirements.

Drawings have been prepared to support this next phase, presenting an attractive opportunity for developers seeking value engineering, increased density, and improved GDV in a prime location.

Key Features:

Prior Approval Granted for 10 apartments.

18 Car Parking Spaces - a major premium for Billericay High Street.

Approved Unit Mix: 8 × 1-bed, 2 × 2-bed apartments.

Prime Town Centre Position in a high-value commuter market.

Walking Distance to Mainline Station (London Liverpool Street).

Further Development Potential (subject to planning).

Scope for Additional Units & Extra Floor.

Ground Floor Commercial / Office Space Proposed.

Strong Exit Options: Private sale, PRS, or mixed strategy.

Developer & Investment Appeal:

Consented town-centre opportunities of this scale in Billericay are rare. The combination of planning certainty, generous parking provision, and clearly defined future development potential makes this a compelling proposition for developers seeking both immediate deliverability and longer-term upside.

The High Street setting, coupled with strong local values and sustained demand for well-located apartments, underpins the scheme's commercial viability and attractiveness to the market.

Further information, including planning documentation, approved and proposed drawings are available upon request. Early enquiries are encouraged.

High Street, Billericay, Essex, CM12 9AB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Billericay Station0.5 miles
  • Ingatestone Station3.4 miles
  • Shenfield Station3.7 miles
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About Binks and Brown, Corringham

Corringham
Industry affiliations:

Binks and Brown is a professional real estate brokerage serving buyers and sellers across South Essex. With a talented team of brokers and support staff we offer our clients more than just a "For Sale" board.

Led by our founders Matthew Binks and Terri Brown we aim to get to know and work with our clients to ensure they achieve their property goals.

Whether you are a First Time buyer or Commercial client looking to bring to market your latest development we can help.

To find out how we can help you, please call or visit us for an informal, confidential discussion.

Notes

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Disclaimer - Property reference 719342. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Binks and Brown, Corringham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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