Development Opportunity - The Folley
Layer-de-la-Haye, Colchester, Essex, CO2 0JA
Guide Price
£6,000,000
Residential Tags: N/A
Property Tags: Development Potential, Restrictive Covenant, Section 106
Land Tags: N/A
Summary Details
- First Marketed: Oct 2022
- Removed: Feb 2023
- Residential Tags: N/A
- Property Tags: Development Potential, Restrictive Covenant, Section 106
- Land Tags: N/A
LOCATION Layer de la Haye has a population of circa 2,000 people (2011 census). Situated approximately 4½ miles south of Colchester and 6½ miles from the A12 junction, Eight Ash Green interchange. Train services to London Liverpool Street from Colchester being under an hour.
Colchester has good schooling and recreational facilities including the Royal Grammar School, The Mercury Theatre and Colchester Zoo.
Layer de la Haye is approached from Colchester along the B1076, passing Bannatyne Spa at Kingsford Park, along a tree lined route crossing the Roman River and entering the village. The site can be approached via The Folley or from Malting Green Road.
The village has the amenities of a doctor's surgery, public houses; The Layer Fox and Donkey & Buskins, a village store, primary school, St John's Baptist Parish Church and a Village Hall.
SITUATION The site can be accessed from either Greate House Farm Road, off Malting Green Road, or directly from the Folley. The indicative layout plan illustrates the site will accommodate 45 dwellings from Greate House Farm Road and the remaining 25 from The Folley.
DESCRIPTION The site is level, extending to approximately 12.4 acres and enjoying road frontage to The Folley.
TOWN PLANNING The site benefits from two planning consents, directly adjacent to each other, resulting in one master plan site.
REFERENCES 211393 Planning Consent is for up to 7 market dwellings and 8 affordable housing dwellings.
211392 Planning Consent is for up to 39 market dwellings and 16 affordable housing dwellings.
The Section 106 Agreement provides provision for 24 affordable housing dwellings and contributions amounting to circa £565,000.
SERVICES All mains services are available for connection.
TENURE The site is to be sold Freehold with vacant possession, subject to a Restrictive Covenant that no more than 70 dwellings will be built on the site.
VAT The property has not been elected for VAT but the Vendors reserve the right to opt for tax and, if it is exercised, the tax shall be payable by the Purchaser.
METHOD OF SALE The sale price is guided at £6,000,000 (six million pounds) and we are inviting all interested parties to put forward their best bid, by way of a sealed envelope, for the property by the 25th November 2022.
Interested parties should submit their offers in a sealed envelope marked "The Folley".
Marketed by: Nicholas Percival, Colchester
Colchester has good schooling and recreational facilities including the Royal Grammar School, The Mercury Theatre and Colchester Zoo.
Layer de la Haye is approached from Colchester along the B1076, passing Bannatyne Spa at Kingsford Park, along a tree lined route crossing the Roman River and entering the village. The site can be approached via The Folley or from Malting Green Road.
The village has the amenities of a doctor's surgery, public houses; The Layer Fox and Donkey & Buskins, a village store, primary school, St John's Baptist Parish Church and a Village Hall.
SITUATION The site can be accessed from either Greate House Farm Road, off Malting Green Road, or directly from the Folley. The indicative layout plan illustrates the site will accommodate 45 dwellings from Greate House Farm Road and the remaining 25 from The Folley.
DESCRIPTION The site is level, extending to approximately 12.4 acres and enjoying road frontage to The Folley.
TOWN PLANNING The site benefits from two planning consents, directly adjacent to each other, resulting in one master plan site.
REFERENCES 211393 Planning Consent is for up to 7 market dwellings and 8 affordable housing dwellings.
211392 Planning Consent is for up to 39 market dwellings and 16 affordable housing dwellings.
The Section 106 Agreement provides provision for 24 affordable housing dwellings and contributions amounting to circa £565,000.
SERVICES All mains services are available for connection.
TENURE The site is to be sold Freehold with vacant possession, subject to a Restrictive Covenant that no more than 70 dwellings will be built on the site.
VAT The property has not been elected for VAT but the Vendors reserve the right to opt for tax and, if it is exercised, the tax shall be payable by the Purchaser.
METHOD OF SALE The sale price is guided at £6,000,000 (six million pounds) and we are inviting all interested parties to put forward their best bid, by way of a sealed envelope, for the property by the 25th November 2022.
Interested parties should submit their offers in a sealed envelope marked "The Folley".
Marketed by: Nicholas Percival, Colchester
Land Registry Data
- No historical data found.