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Outstanding development opportunity
Brentwood, United Kingdom
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95%
Land
#34382
Value-Add, Opportunistic
30 Apr 2024
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Broker
For sale
2.44 acres
Freehold
Other
31,600 sq.ft.
2,936 m²The consented scheme is for a 2,298 sqm Lidl store at ground floor with 46 residential units above, arranged across three levels.
The scheme will provide 155 surface level car parking.
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Fees
Investment Overview
Outstanding development opportunity located in the established and affluent residential address of Brentwood, Essex. The site extends to approximately 2.44 acres (1 hectare) in size and is occupied by five vacant commercial premises and a substation. The site benefits from full planning permission, granted by appeal for a 2,298 sqm food store at ground floor with 46 residential flats above and associated car parking. Within this 4 of the units are required to be delivered as affordable homes.
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