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Station Hl - Plots D, E, F & G
1.1 Acres of Commercial Land in Thurston IP31 3QU
Investment Highlights
- Site area of approximately 1.1 acres (0.446 ha)
- Excellent communications to Bury St Edmunds, Cambridge & Ipswich
- Offers sought on an unconditional basis
- Popular and well serviced village
- No affordable housing contributions
Executive Summary
The adjoining site is subject to one occupational tenancy of part of the site for a telecommunications mast. The tenant has received a Tomlin Order dated 28 July 2020 ordering them to exit the site and provide vacant possession by no later than 23:59 on 30 June 2021.
The first phase has been successfully developed by the Vendor and comprises six ground floor retail units, all let and anchored by the Co-Op, and nine first floor flats. The second phase and subject site, comprises three blocks of residential flats (E, F & G) with associated parking, circulation and landscaping areas. A total of 53 units are provided within the three blocks, each of which are arranged over four floors.
The Vendor will be retaining the land associated with Block D and existing workshop in order to develop further retail units and associated car parking.
There are no affordable housing or CIL contributions required under the current planning consent.
Property Facts
| Sale Type | Investment | Property Type | Land |
| Sale Conditions | Redevelopment Project | Property Subtype | Commercial |
| Tenure | Freehold | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.27 AC |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.27 AC |
1 Lot Available
Lot 1
| Lot Size | 1.10 AC |
| Lot Size | 1.10 AC |
Site area of approximately 1.1 acres (0.446 ha)
Description
Thurston is a popular and well served village located approximately five miles east of Bury St Edmunds and with a resident population of 3,300 (Census 2011). It is well connected being situated only two miles north of Junctions 45 and 46 of the A14 and having its own railway station. The subject site is conveniently situated on Station Hill, within close proximity to the railway station and immediately adjacent to the Co-Op convenience store and other local amenities.
Presented by
Station Hl - Plots D, E, F & G
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