For Sale

Phase 2, Old Ipswich Road, Evolve Business Park, Colchester, CO7 7WX

Overview

Industrial
Property Type

0.75 - 3.8
sq ft

Description

Location

The subject property comprises an Industrial development opportunity of 3.8 acres with planning consent granted for 53,583 sq ft of logistics across 3 plots. Each plot is serviced and prepared for development. The site is mainly level and of a regular shape with service roads providing access to each individual plot and main road (Old Ipswich Road).

Opportunity:
There is an opportunity to increase the floor area to c. 75,929 sq ft subject to planning. The freeholder is willing to consider unconditional offers for the gross 3.8 acres with the existing planning consent. Alternatively, the freeholder would sell individual plots of land, or can offer design and build options on either a freehold or a leasehold basis.

Location:
The property is situated along the eastern boundary of the Old Ipswich Road, Colchester. The site is located approximately 4 miles from the centre of Colchester and is situated 0.5 of a mile north of the Crown Interchange (Junction 29 of the A12). This provides excellent road connectivity to junction 28 of the M25, which in turn provides access to the wider national motorway network. The A12 / A120 eastbound provides connectivity to Ipswich and the international freight port of Felixstowe and Harwich.

Planning:
Plots A & B were granted planning consent on the 30th January 2023 under
planning number 23/00136/FUL. The planning consent granted provides for
a two unit scheme totalling 40,794 sq ft.
Plot C was granted planning consent in January 2018 under planning number
201817/02204/FUL. This planning consent was granted as phase 2 of the
existing Evolve Business Centre development, for a single unit of 12,789 sq ft.

Terms:
The freehold is available, please contact Fenn Wright, or our joint agent Levy Real Estate, for further information. Tel: 01206 85 45 45.