Acquired
Witham – Industrial and Residential Development
The Old Pool Club, 49 Braintree Road, Witham CM8 2DDFreehold Industrial and Residential Development Opportunity
Investment Consideration
- Vacant possession
- Comprises a self-contained single storey industrial building of steel frame construction.
- The property benefits from onsite parking
- Planning permission granted for redevelopment of the site to provide 8 x 1-Bedroom and 2 x 2-Bedroom Apartments.
- VAT is NOT applicable to this property
- Located within walking distance to Morrison`s Supermarket and Witham Train Station, amongst other retail shops and pubs.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property comprises vacant self-contained single storey building of steel frame construction with external parking. The property was most recently used as a tyre fitting centre. The property has a solid floor, single full height shutter door, 3-phase power, W/C and a max internal height of 25 ft. (7.8m).
Total area size - 289 sq m (3,112 sq ft)
Planning:
Planning permission for redevelopment of the site to provide 8 x 1-Bedroom and 2 x 2-Bedroom apartments was granted by Braintree District Council on 19th June 2019 (Ref: 18/00011/FUL).
Ground Floor: Two garages, Bin store, Bike store
Flat 1 - Open plan Kitchen/Living Room, One Bedroom, Bathroom - 56 sq m (603 sq ft)
Flat 2 - Open plan Kitchen/Living Room, One Bedroom, Bathroom - 50 sq m (538 sq ft)
Flat 3 - Open plan Kitchen/Living Room, One Bedroom, Bathroom - 61 sq m (657 sq ft)
First Floor:
Flat 4 - Open plan Kitchen/Living Room, One Bedroom, Bathroom - 56 sq m (603 sq ft)
Flat 5 - Open plan Kitchen/Living Room, One Bedroom, Bathroom - 50 sq m (538 sq ft)
Flat 6 - Kitchen, Living Room, Two Bedrooms, Two Bathrooms - 104 sq m (1,119 sq ft)
Flat 7 - Kitchen, Living Room, One Bedroom, Bathroom - 55 sq m (592 sq ft)
Second Floor:
Flat 8 - Open plan Kitchen/Living Room, One Bedroom, Bathroom - 56 sq m (603 sq ft)
Flat 9 - Open plan Kitchen/Living Room, One Bedroom, Bathroom - 50 sq m (538 sq ft)
Flat 10 - Kitchen, Living Room, Two Bedrooms, Two Bathrooms - 104 sq m (1,119 sq ft)
Top Floor: Lower Terrace, Upper Terrace with Roof Top Amenity Space
Total area size - 642 sq m (6,910 sq ft)
Total area size - 289 sq m (3,112 sq ft)
Planning:
Planning permission for redevelopment of the site to provide 8 x 1-Bedroom and 2 x 2-Bedroom apartments was granted by Braintree District Council on 19th June 2019 (Ref: 18/00011/FUL).
Ground Floor: Two garages, Bin store, Bike store
Flat 1 - Open plan Kitchen/Living Room, One Bedroom, Bathroom - 56 sq m (603 sq ft)
Flat 2 - Open plan Kitchen/Living Room, One Bedroom, Bathroom - 50 sq m (538 sq ft)
Flat 3 - Open plan Kitchen/Living Room, One Bedroom, Bathroom - 61 sq m (657 sq ft)
First Floor:
Flat 4 - Open plan Kitchen/Living Room, One Bedroom, Bathroom - 56 sq m (603 sq ft)
Flat 5 - Open plan Kitchen/Living Room, One Bedroom, Bathroom - 50 sq m (538 sq ft)
Flat 6 - Kitchen, Living Room, Two Bedrooms, Two Bathrooms - 104 sq m (1,119 sq ft)
Flat 7 - Kitchen, Living Room, One Bedroom, Bathroom - 55 sq m (592 sq ft)
Second Floor:
Flat 8 - Open plan Kitchen/Living Room, One Bedroom, Bathroom - 56 sq m (603 sq ft)
Flat 9 - Open plan Kitchen/Living Room, One Bedroom, Bathroom - 50 sq m (538 sq ft)
Flat 10 - Kitchen, Living Room, Two Bedrooms, Two Bathrooms - 104 sq m (1,119 sq ft)
Top Floor: Lower Terrace, Upper Terrace with Roof Top Amenity Space
Total area size - 642 sq m (6,910 sq ft)
Location Description
Witham stands between the city of Chelmsford (8 miles to the south-west) and the town of Colchester (13 miles to the north-east), on the Roman road between the two. The town is served by Witham railway station, situated on the Great Eastern Main Line operated by Abellio Greater Anglia. Trains take approximately 40–45 minutes to reach Liverpool Street. The station is also the junction for the Braintree branch line to Braintree. Another branch line, now dismantled, went from Witham to Maldon. Because of the excellent transport links the town has a large number of residents who commute to work in London. This is evident by Witham railway station's appearance within the 150 busiest railway stations in Great Britain, which would not be expected based on the town's population alone. The property forms part of the Cullen Mill complex, situated off Braintree Road, close to Witham railway station, to the north of Witham High Street. Morrison`s supermarket is a short distance to the north east.
