Floorplans (
Map
Area statsLand for sale
London Road, Colchester CO6
Land
45725
Features and description
- 2.89 Acres
- Full Planning Approved for 45,725 Sq Ft of Office Space
- Potential Rental Income of £1,000,000 PA
- 141 Car Parking Spaces
- Close to A12 & Marks Tey Station
- Copford, Colchester
- £2,250,000 +vat
A rare opportunity to acquire a consented commercial development site of approximately 2.89 acres with planning granted for 45,725 Sq Ft of office space offering a potential return in the region of £1,000,000 PA once developed. The site is located in a recessed position off of London Road, Copford approximately one mile from the A12 and Marks Tey station with links to London Liverpool Street in under an hour.
The Site - A rectangular parcel with concrete access road from London Road, approximately 2.89 acres in total. The access road measures approximately 9m at the narrowest point. The site is predominantly flat and covered with grass & shrubs with tree/shrubs to the perimeter. Please note neighbouring commercial properties have rights of access over the road.
Planning - Reference: 230049
Planning Authority: Colchester City Council
Approval Date: 10th March 2025
Description: Erection of Business Park comprising of 4248 SQM of Class E(g)(i) (office) Use and 141 Car Parking spaces
Commencement: The development shall be begun before the expiration of three years from 10th March 2025
For a copy of all associated documents please contact the office.
Schedule Of Accommodation - The development comprises 4x detached blocks of up to 44 individual office units between 980 & 1023 Sq Ft over ground and first floors. We anticipate an achievable rent of £22.50 per Sq Ft giving a potential rental yield of £997,290 PA.
For a copy of the detailed schedule of accommodation, please contact the office.
Vat - We are advised that the site is elected for VAT and therefore VAT will be applied to the sale price.
Agents Notes - 1) 14x parking spaces are to be retained by the neighbouring property (85 London Road).
The Site - A rectangular parcel with concrete access road from London Road, approximately 2.89 acres in total. The access road measures approximately 9m at the narrowest point. The site is predominantly flat and covered with grass & shrubs with tree/shrubs to the perimeter. Please note neighbouring commercial properties have rights of access over the road.
Planning - Reference: 230049
Planning Authority: Colchester City Council
Approval Date: 10th March 2025
Description: Erection of Business Park comprising of 4248 SQM of Class E(g)(i) (office) Use and 141 Car Parking spaces
Commencement: The development shall be begun before the expiration of three years from 10th March 2025
For a copy of all associated documents please contact the office.
Schedule Of Accommodation - The development comprises 4x detached blocks of up to 44 individual office units between 980 & 1023 Sq Ft over ground and first floors. We anticipate an achievable rent of £22.50 per Sq Ft giving a potential rental yield of £997,290 PA.
For a copy of the detailed schedule of accommodation, please contact the office.
Vat - We are advised that the site is elected for VAT and therefore VAT will be applied to the sale price.
Agents Notes - 1) 14x parking spaces are to be retained by the neighbouring property (85 London Road).
Property information from this agent
Area statistics
Crime score
Low crime
0/10
About this agent
Lamb & Co - Commercial
Unit 2, Crusader Business Park, Stephenson Road West
Clacton-on-Sea, Essex
CO15 4TN
01255 481355Our 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.