Eastern Avenue, Bracknell RG12 2UP
Bracknell, Berkshire RG12 2UP
United Kingdom

EXCLUSIVE

Property

Ownership: For Sale
Type: Development Site
Tenure: Freehold
Price Qualifier: Guide Price
Council Tax Band: TBC

Financials

Price:£4,500,000
($5,667,345)
(€5,456,873.39)
Managing Director Head Of Sports And Entertainment Division (Europe)
Mayfair | 23 Berkeley Square, London, W1J 6HE, United Kingdom

Description

Key Features

  • 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

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 is 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.

Additional information

Tenure: Freehold

Accommodation

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.

Freehold, Development Site With Planning Consent For A Contemporary 60 Apartment Scheme


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.