No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Proposed ground floor
Proposed first floor
£550,000
Added > 14 days

Plot for sale

Hall Lane, Walton On The Naze CO14
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Plot
0 bed
0 bath
0.40 acre(s)

Key information

Tenure: Freehold
Council tax: Ask agent
Broadband: Super-fast 80Mbps *
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Tenure: Freehold
  • Vacant Commercial Site
  • Appeal Pending for Residential Scheme
  • Close to Seafront & Town Centre
  • 0.4 Acres
  • Potential For Alternate Uses (STPP)
  • Planning Ref: 23/00806/OUT
A chance to acquire this Freehold site with potential for redevelopment. There is an appeal pending for the 'redevelopment of a vacant commercial site with 3 x two bed houses and 9 x two bed apartments.' Should the appeal be allowed we anticipate a GDV of approximately £2.1m and an annual rental yield of £113,400. The site measures approximately 0.4 acres in total and currently comprises detached mixed use building with two shops and one flat over, a further red brick industrial unit and timber workshop. We believe the site offers potential for a number of alternate uses STPP.

The Site - 0.4 Acre site located in the seaside town of Walton-on-the-Naze. The opportunity currently comprises detached mixed use building with two shops and One flat over, a further red brick industrial unit and timber workshop. We believe the site offers potential for a number of alternate uses STPP. The site lies within the settlement boundary as situated approximately 0.3 miles from the beach and within a mile of the Town Centre.

Planning - Tendring District Council Planning Reference: 23/00806/OUT

Outline planning for 'for the redevelopment of a vacant commercial site with 3 x two bed houses and 9 x two bed apartments' was refused in September 2023 and is currently pending an appeal decision.

A full copy of plans are available upon request.

We believe the site could suit alternative commercial/residential schemes, any enquiries should be made to your chosen planning consultant or the local authority.

Proposed Ground Floor -

Proposed First Floor -

Proposed Second Floor -

Proposed Elevations -

Gdv - Based on the current proposed scheme indicative values are as follows:

9 x 2 bed apartments - £150,000 each / £750 PCM
3 x 2 bed houses - £250,000 each / £900 PCM

Total - £2,100,000 - Sale / £113,400 PA - Rent

Agents Note Sales - 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.

Aml - 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.

Property information from this agent

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on March 1, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.