Block E Riverside House, Lower Southend Road

Key Points

• Freehold site of 7,210 sq ft (0.165 acres) ideal for residential development
• Located in Wickford town centre and within a short distance from Wickford train station and a variety of shops and amenities
• Planning consent for four-storey residential building comprising 7 flats (six 2-bedroom and one 1-bedroom flats)
• South Essex location, approximately 30 miles east of London and within easy access of the Essex countryside
• Ideal for a local or regional residential developer

Description

The property comprises a level site of approximately 7,210 sq ft (0.165 acres) with a frontage to Lower Southend Road. The land has been used for car parking and runs close to the River Crouch.

Location

The property is located on Lower Southend Road / Stilemans in Wickford town centre, within the Borough of Basildon which is located in south Essex. Wickford is within easy reach of a number nearby towns and villages including Billericay, Basildon, Rayleigh and South Woodham Ferres. The property is approximately 2 miles from the A127 and 3 miles from the A13, which links to central London and outer Essex.

Wickford Rail Station is nearby, providing regular services to London Liverpool Street in approximately 40 minutes. There are a variety of shops and amenities within close proximity including Aldi, Wickford Lawn Tennis Club, Anytime Fitness, Costa Coffee, and many more local and national traders.

Basildon Council (which Wickford falls under) has been given a target of building up to 4,220 new homes as part of the local plan. Wickford is a semi-rural location which is undergoing regeneration with various new developments in the locality.

Planning

The property benefits from an approved scheme for Block E as follows:
Proposal: Four-storey residential building comprising 7 flats (six 2-bedroom and one 1-bedroom
flats)
Reference: Application No: 20/01480/FULL
Dated:19.08.2022

The CIL for the development is TBC.

We would advise prospective purchasers to make their own enquiries and seek professional advice.

Tenure

The property is offered for sale on a Freehold basis with vacant possession. Further details are available by request.

Price

£550,000.

VAT

We are informed VAT is not payable on the purchase price.

Identity Checks

In order to comply with Anti-Money Laundering Legislation, the successful purchaser will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful purchaser.