Development
properties

Exchanged

1 - 5 Chelmsford Road, Shenfield CM15 8RG

We are inviting offers in excess of £325,000 for the freehold interest

Freehold development opportunity

Planning permission has been granted for the first- floor rear extension and conversion of the first floor into 2 flats (1 x 1 bedroom and 1 x 2 bedroom) with rear balcony, bike storage and conversion of existing A1 shop into 2 commercial units for A1/A2 use

Site measuring approximately 4,188ft2

9-minute walk to Shenfield station and high street

Freehold

Commercial unit for sale: 375ft2 approx

Commercial unit being retained by seller: 2,400ft2 approx

Offers in excess of £325,000

Description

The site occupies the corner at the junction of Chelmsford Road and Hutton Road within Shenfield. Planning permission has now been granted for the first-floor rear extension and conversion of the first floor into 2 flats (1 x 1 bedroom and 1 x 2 bedroom) with rear balcony, bike storage and conversion of existing A1 shop into 2 commercial units for A1/A2 use.

Location

Shenfield serves predominantly as a dormitory town for commuters to London and surrounding towns such as Romford and Basildon. This is facilitated by easy access to the A12 and the M25 and rail services. Shenfield’s sporting areas include the Courage playing fields on the Chelmsford Road and playing fields on Alexander Lane, next to Shenfield High School. The courage playing fields contain a play area and cricket pitch used by Shenfield Cricket club. Brentwood Highstreet is within a 20-minute walk where you can find all of the local amenities including restaurants, bars and supermarkets. There are also a number of very highly rated primary and secondary schools local to the property, with Brentwood preparatory and junior schools being within a 20-minute walk away. Shenfield High School is within a 10-minute walk.

Buyers note

The seller is already retaining the 2,400ft2 commercial space which will carry on operating as the bike shop, however the seller is also open to retaining the 375ft2 commercial space as per the planning drawings however the enabling works will still need to be undertaken by the buyer. Either way the commercial element will be handed back to the seller on a 999 years leasehold. If the 375ft2 of commercial space is to be handed back, our client will entertain offers in excess of £275,000.

Transport

Shenfield railway station is on the Great Eastern Main Line and is a junction for services for Southend. Services are operated by Greater Anglia. Shenfield is also the terminus for the all stops service to London Liverpool Street operated by TFL Rail, with off-peak frequencies of 6 trains per hour. The station is at the eastern end of the high street. Currently, fast train services reach Liverpool Street in between 20–25 minutes. Main train services take 40 minutes to reach Liverpool Street. The Crossrail will also be arriving within the near future where the current station will undergo dramatic re-development.

Planning Permission

Planning permission has been granted for the addition of first floor rear extension and conversion of first floor into 2 flats (1No. x1 bed and 1No. x2 bed) with rear balcony and bike storage, conversion of existing A1 shop into 2 units for A1/A2 use.

Access

The site can initially be viewed from the roadside.

Additional Information

Planning and other related documents will be sent in the form of an information pack that can be requested from a member of the Highfield team.

Financial Contributions

We understand that the site is not liable for any financial contributions.

VAT

We have been advised that VAT is not applicable.

Tenure

Freehold.

Terms

We are inviting offers in excess of £325,000 for the freehold interest.

Schedule

Unit Type Beds GIA (sq m) GIA (sq ft)
Unit 1
Type Apartment/Conversion
Beds 1b
GIA (sq m) 50
GIA (sq ft) 538
Unit 2
Type Apartment/Conversion
Beds 2b
GIA (sq m) 61
GIA (sq ft) 657
Unit
Type
Beds
GIA (sq m) 111
GIA (sq ft) 1,195
Unit
Unit Unit
Type Floor
Beds Type
GIA (sq m) GIA (sq m)
GIA (sq ft) GIA (sq ft)
Unit 1
Type Ground
Beds A1/A2
GIA (sq m) 35
GIA (sq ft) 375approx
Unit
Type
Beds
GIA (sq m) 35
GIA (sq ft) 375approx

Please note the information provided by Highfield Investments London Limited, trading as Highfield Investments has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy.