House For Sale Eastern Road, Bracknell, RG12
£4,500,000
Auction Property
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Last Updated: 28th March 2024
Description
The consented scheme consists of 60 units in an eye catching designed building. A selection of 1and 2 bedroom units, all with the benefit of direct outside space and with no onsite affordable, all the 2 bedrooms have en-suites to the principal bedroom. There are numerous parking on site including, underground with 64 spaces. The sellers have paid all the preplanning requirements and therefore this scheme can be commenced immediately.
\"Freehold development site
\"Planning permission granted for a contemporary 60 apartment scheme
\"No onsite affordable
\"Central location less than half a mile from the town centre
\"Possible SPV sale subject to agreement
\"38 x 2 bed and 22 x 1 bed apartments
\"Proposed GIA 42,211 sq ft (3,921 sq m)
\"Vacant
Proposed accommodation:
38 x 2 bedroom apartments each with en-suite facilities off the principal bedroom.
22 x 1 bedroom apartments.
Total Gross Internal Area 42,211 sq ft (3,921 sq m)
Planning
Planning permission has been granted by Bracknell Forest Council (ref 16/00626/FUL 22nd June 2016) for the redevelopment of the site to provide 60 residential units within a part-three, four and five storey building (plus basement car parking) with associated amenity space, landscaping, car parking, refuse stores and foot/cycle path link.
A certificate of lawful use or development was granted by the planning authority on the 18th January 2023 confirming the development has been implemented.
Notes
The property is held in an SPV. The seller may consider a sale of the company rather than just the asset. Interested parties parties should contact the auctioneers to discuss this further.
Joint Agent Savills
NB: Computer Generated images also used.
\"Freehold development site
\"Planning permission granted for a contemporary 60 apartment scheme
\"No onsite affordable
\"Central location less than half a mile from the town centre
\"Possible SPV sale subject to agreement
\"38 x 2 bed and 22 x 1 bed apartments
\"Proposed GIA 42,211 sq ft (3,921 sq m)
\"Vacant
Proposed accommodation:
38 x 2 bedroom apartments each with en-suite facilities off the principal bedroom.
22 x 1 bedroom apartments.
Total Gross Internal Area 42,211 sq ft (3,921 sq m)
Planning
Planning permission has been granted by Bracknell Forest Council (ref 16/00626/FUL 22nd June 2016) for the redevelopment of the site to provide 60 residential units within a part-three, four and five storey building (plus basement car parking) with associated amenity space, landscaping, car parking, refuse stores and foot/cycle path link.
A certificate of lawful use or development was granted by the planning authority on the 18th January 2023 confirming the development has been implemented.
Notes
The property is held in an SPV. The seller may consider a sale of the company rather than just the asset. Interested parties parties should contact the auctioneers to discuss this further.
Joint Agent Savills
NB: Computer Generated images also used.
Agent Details
Goldschmidt & Howland
1197-1199, Finchley Road, London, NW11 0AA
Show Contact Number
020 8209 9300
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.