Development
properties
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
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.