Residential Development Site, Nayland Road, Great Horkesley

POA / For Sale
Address: Nayland Road, Great Horkesley, Colchester, CO6 4ET

Property Description

RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR SALE FREEHOLD BY INFORMAL TENDER
A Unique Opportunity to Purchase a Prime Housing Development Site of Approximately 31 acres (12.55 hectares) in Great Horkesley, Colchester with Outline Planning Permission for 80 Dwellings. • Rarely available • Outline planning permission for 80 dwellings • Unconditional and Conditional offers invited • Bid deadline 12 noon Friday 18th September 2020

LOCATION
Great Horkesley is a large village having a population of circa 2,500 located approximately 3 miles north of Colchester town centre and 2 miles south of Nayland. The village borders the Dedham Vale Area of Outstanding Natural Beauty and benefits from various amenities including a primary school, post office, store, wine centre, the Yew Tree Public House and Restaurant. In addition, approximately one mile to the south of Great Horkesley is the Chesterwell development where a new Neighbourhood Centre is to be built. Colchester Business Park, David Lloyd Leisure and the A12 are all situated 2 miles from the site.

Accessibility
2 miles from the A12 junction, the main dual carriageway from Chelmsford to Ipswich. 2.5 miles north of Colchester mainline station with trains to London Liverpool Street, journey time minimum 49 minutes. Regular bus services along Nayland Road to Colchester.

Directions
From Colchester proceed along the Nayland Road. On entering the village of Great Horkesley the site will be found on the right hand side, either side of the entrance to Horkesley Manor Care Home on the A134.

DESCRIPTION
The site is currently in agricultural use, extending to approximately 31 acres (12.55 hectares) and includes the 8.4 acre (3.4 hectare) willow plantation. The site has excellent frontage to Nayland Road and slopes down to ‘Black Brook’ which meanders through the property adjacent to the willow plantation.

Town Planning
The site has the benefit of planning permission dated 24th April 2020, reference 190302 for 80 dwellings with new access, including land for allotments, provision of Scout and Girl Guiding Hut, parking, public open space. The Section 106 agreement requires 30% affordable housing provision. In addition, contributions towards public open space, education, Scout Hut, archaeology, amounting to circa £1m. Supporting documentation in respect of the planning application can be found under Application Reference No. 190302, Colchester Borough Council planning portal:
http://www.colchester.gov.uk/planning-appdetails/?id=44d8aef6-af82-e911-a988-000d3ab9df39#ValidationSummaryEntityFormView

SERVICES
We understand all mains services are available for connection, however, prospective purchasers are advised to make their own enquiries.

TERMS
The property is to be sold freehold with vacant possession on completion.

The site offers a good opportunity to improve the planning consent. The Vendors will consider unconditional offers and conditional offers subject to detailed planning permission for the site. All interested parties to submit expressions of interest together with a financial offer by 18th September 2020. We would endeavour to agree terms and instruct solicitors by end of October 2020.

VAT
The property has not been elected for VAT but the Vendors reserve the right to opt for tax and, if exercised, the tax shall be payable by the Purchaser.

VIEWING
By prior appointment with the selling agents.
For further information please contact sole agents Messrs Nicholas Percival, for the attention of:
Nicholas Percival FRICS
njpercival@nicholaspercival.co.uk

or

Thomas Noble MRICS
tnoble@nicholaspercvial.co.uk

Telephone Number: 01206 563222 Ref: C.5412

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