Investment Properties: Gateway House, 3-31 Runwell Road, Wickford, Essex SS11 7HG

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Gateway House, 3-31 Runwell Road, Wickford, Essex SS11 7HG

Guide price - OIEO £26,000,000 subject to contract - Freehold

  • New build development 6 minutes’ walk from Wickford Station (Greater Anglia Trainline) which offers regular and direct travel to London Liverpool Street in 37 minutes.
  • The development will consist of 120 private flats broken down as follows: 40 x 1 bed, 80 x 2 bed.
  • Proposed net saleable area - 73,824 ft2.
  • A planning application has been submitted - the planning consent is due by July / August of this year, construction is set to start in late 2018 with Practical Completion expected in mid 2020.
  • The developer will consider either a forward purchase (10% deposit on exchange with balance on PC) or a forward funding structure (staged payments) on either a leasehold or freehold basis.
  • Guide price - OIEO £26,000,000 subject to contract.