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Proposed elevations and floor plans type a   rec d
Proposed elevations and floor plans type b   rec d
Proposed elevations and floor plans type ca   rec
Popular
Total views:  2500+
Offers in excess of
£1,000,000

Land for sale

Jaywick Lane, Clacton-On-Sea CO16
Land
1.02 acre(s)
Added > 14 days

Features and description

  • Public House Development Land
  • 1.02 Acres
  • Outline Planning for 9x 3 Bed Houses
  • GDV - £2.775m Pub
  • Rental Income of £24,000 PA
  • EPC B
A unique opportunity to purchase this trading public house which is currently let at £24,000 PA on a plot of approximately 1.02 acres, with the benefit of outline planning permission for 9x three bedroom houses on the land surrounding. We estimate GDV of the new development to be in the region of £2,775,000 (excluding retained pub).

Planning - Reference: 24/00440/OUT - Outline Planning Application (all matters reserved) - nine new dwellings.

The scheme permits the squash courts to the rear of the pub to be demolished and the development of 6x 3 bedroom semi-detached houses and 3x 3 bedroom detached houses with 2 parking spaces each.

Approved: 7/11/2024

A full copy of the plans are available upon request.

Premises - The Wick Lodge is a long established public house with the benefit of three bedroom accommodation over. Currently let at £24,000 PA (overholding - expired June 2025) and sold with Tenant in situ.

Gdv - Plot Description Parking Sq Ft Price £SF
13 bed detached house 2 spaces940£325,000.00£345.74
23 bed semi-detached house2 spaces940£300,000.00£319.15
33 bed semi-detached house2 spaces940£300,000.00£319.15
43 bed semi-detached house2 spaces940£300,000.00£319.15
53 bed semi-detached house2 spaces940£300,000.00£319.15
63 bed semi-detached house2 spaces940£300,000.00£319.15
73 bed semi-detached house2 spaces940£300,000.00£319.15
83 bed detached house 2 spaces940£325,000.00£345.74
93 bed detached house 2 spaces940£325,000.00£345.74

Total GDV - £2,775,000 excluding pub

Business Rates - The property appears in the VOA rating list with a Rateable Value of £18,000 giving rates payable of approximately £8,982 per annum excluding any applicable rate relief. The liability is currently the responsibility of the Tenant.

This may be subject to revaluation following the demolition of part.

Council Tax - Council Tax Band - B

Epc - Energy Rating - B (44)

Agent Note - PLEASE NOTE - Although we have not tested any of the Gas/Electrical Fixtures & Fittings, we understand them to be in good working order, however it is up to any interested party to satisfy themselves of their condition before entering into any Legal Contract.

Anti Money Laundering - ANTI-MONEY LAUNDERING REGULATIONS 2017 - In order to comply with regulations, prospective purchasers will be asked to produce photographic identification and proof of residence documentation once entering into negotiations for a property.

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About this agent

Lamb & Co - Commercial
Lamb & Co - Commercial
Unit 2, Crusader Business Park, Stephenson Road West Clacton-on-Sea, Essex CO15 4TN
01255 481355
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Our flock of local sales, lettings and land & new homes experts are led by managing director, Callum Lamb who has over 15 years’ experience in the property industry. Callum's expertise and innovation has enabled us to collaboratively pioneer a customer-first premium brand that has become a market leader across the Tendring district. With ambition and heart, we strive to continuously transform our service so we can offer our community the BEST. From consistent and honest communication — to strategic print and digital marketing that widens our reach to a global audience — we're here to excel at providing you with the positive moving experience you deserve. And whilst we have you, we thought we'd mention that as a flock of local people, we're also proud of the Tendring community and love to support and enrich it whenever we can. Just head to our Instagram to see how we collaborate with local charities and businesses.
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