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Jaywick Lane, Clacton
Jaywick Lane, Clacton-On-Sea CO16
£775,000
Jaywick Lane, Clacton-On-Sea CO16
£775,000
Our Summary
- 77 acres, with the benefit of outline planning permission for 9x three bedroom houses
- Planning - Reference: 24/00440/OUT - Outline Planning Application (all matters reserved) - nine new dwellings
- Outline Planning for 9x 3 Bed Houses
Description
This unique development site, situated on the northwest outskirts of Clacton-on-Sea, offers an exciting opportunity to purchase a plot of approximately 0.77 acres with outline planning permission for nine three-bedroom houses. The scheme, approved in November 2024, permits the demolition of the squash courts at the rear of the pub and the construction of six semi-detached and three detached houses, each with two parking spaces. The estimated gross development value (GDV) is £2,775,000, excluding the pub, which is available for separate negotiation. The pub, known as Wick Lodge, is a long-established public house with three bedrooms of accommodation above, currently let at £24,000 per annum, with the tenant's agreement to remain in situ until June 2025. The property offers a unique chance to develop a desirable residential scheme in a sought-after location.