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Hall Drive, Gosfield

Essex, CO9

Asking Price

£5,000,000

a

At a glance…

  • Strategic Land
  • Of Intrest To Promoter and Delelopers
  • 11.8 Acres (STS)
11.8 Acres | Land | Freehold | Council Tax Band | EPC | Ref: LNH240121
11.8 Acres
Land
Freehold
Council Tax Band
EPC

A site of circa 40.90 acres (STS) with development
potential (subject to approvals)

Location
The site is accessed through gates off a farm track forming part of the original Gosfield Hall estate. From Hall Drive or via 2 rights of access across the open space.

Block A also has direct frontage to Hedingham Road (A1017).

Description
The site currently comprises is in 3 sections Block A is an open grassed field extending to approximately 11.8 acres STS. To the north is a scaffolding yard, immediately to the south is an area of woodland, beyond which is a recent development carried out by Abbey Developments (see second photo).

Block B is predominantly woodland but there is an open field to the north of the block with the benefit of rights of way across the adjoining open space.

Block C, directly fronts and is currently woodland.

Planning
Braintree have recently adopted their local plan and has a 5 year housing land supply. Despite current compliance, the council acknowledges the need to plan for future growth. The government has set an ambitious target of 1,115 new homes per year for the district to meet national housing needs, necessitating the allocation of new land for development, given recent development on adjacent land we do consider that there is development potential for the site in the short to medium term.

Terms of Offer
Our client is looking to sell the land on an unconditional basis as a single lot.

They would expect any offer to include an overage covering at least 15 years in case of development.

Guide Price £800,000 - £1,000,000.

a

At a glance…

  • Strategic Land
  • Of Intrest To Promoter and Delelopers
  • 11.8 Acres (STS)
LNH240121 03
LNH240121 04

VIEW THIS PROPERTY

01245 921 951

Land & New Homes Branch

VIEW THIS PROPERTY

01245 921 951

Land & New Homes Branch

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Rights & Restrictions
Listed No
Are there any restrictions with the property? No
Any easements, servitudes or wayleaves? No
Public Rights of Way No
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Braintree

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