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53-55 High St 4,532 SF Retail Building Brentwood CM14 4RH $1,757,754 ($387.85/SF)
Investment Highlights
- Vacant commercial building
- Planning consent to create 13 apartments & commercial space
- Located within a retail hub in a prime location with a busy street frontage.
Executive Summary
The site is located within a retail hub in a prime location with a busy street frontage.
A part two-storey vacant commercial property (fronting High Street) and a single-storey storage building for the commercial unit (fronting William Hunter Way) occupies the site. There is a side alley which links the commercial unit to William Hunter Way.
The site benefits from planning consent to build a three-storey mixed-use development consisting of 13 apartments (approx. 9,203 sqft NIA) and 3,380 sqft of ground-floor commercial space across blocks.
Block A fronts High Street and overlooks a courtyard/ It comprises 8 apartments and a ground-floor retail unit.
Block B fronts onto William Hunter Way and comprises 5 apartments and a ground-floor commercial unit.
The proposed development includes 28 cycle spaces.
A part two-storey vacant commercial property (fronting High Street) and a single-storey storage building for the commercial unit (fronting William Hunter Way) occupies the site. There is a side alley which links the commercial unit to William Hunter Way.
The site benefits from planning consent to build a three-storey mixed-use development consisting of 13 apartments (approx. 9,203 sqft NIA) and 3,380 sqft of ground-floor commercial space across blocks.
Block A fronts High Street and overlooks a courtyard/ It comprises 8 apartments and a ground-floor retail unit.
Block B fronts onto William Hunter Way and comprises 5 apartments and a ground-floor commercial unit.
The proposed development includes 28 cycle spaces.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
4,532 SF
Building Class
B
Year Built
1957
Price
$1,757,754
Price Per SF
$387.85
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.15 AC
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Nearby Major Retailers
1 of 5
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53-55 High St
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