£1,250,000

Commercial land for sale

Thurston IP31
studio Flat studio Flat
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Property description

Residential flat development site with planning for 53 units

- Site area of approximately 1.1 acres (0.446 ha)
- Popular and well serviced village
- Excellent communications to Bury St Edmunds, Cambridge and Ipswich
- No affordable housing contributions
- No cil contributions
- Offers sought on an unconditional basis

For more information please download the brochure and access the Data Room on the Hazells homepage

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 village is extremely well serviced with a railway station, a good selection of local shops, post office, Co-Op convenience store and two public houses, The Fox & Hounds and The Victoria. The village also has a veterinary practice as well as primary school & secondary/sixth form colleges (Thurston Primary School - Ofsted Good & Thurston Community College - Ofsted Good). A wide variety of popular and well supported community offerings are also provided including the New Green Centre, Thurston Football Club and Thurston Rugby Club.
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.
The nearest notable settlements to Thurston are:
• Bury St Edmunds 5 miles west
• Thetford 13 miles north
• Ipswich 22 miles south east
• Newmarket 22 miles west
• Cambridge 34 miles west
Thurston railway station is situated on the Ipswich to Ely line and provides hourly commuter services to Ipswich, Cambridge, Bury St Edmunds, Ely and Newmarket. As well as connecting services to London Liverpool Street (via Stowmarket) or London Kings Cross (via Cambridge).

Strictly by appointment with the sole agents Hazells. [use Contact Agent Button]

Available freehold with vacant possession.

The site comprises a single parcel of land accessed from Station Hill, Thurston. The site is bounded by residential properties on Field View and public open space forming part of the New Green Centre to the north. To the south the site boundary abuts the Ipswich to Ely railway line. To the east the land forms part of the railway embankment and to the west the site adjoins and shares access with the first phase of redevelopment of the Old Granary site.
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.
By reference to Ordnance Survey plans we calculate the total site area extends to approximately 1.1 acres (0.446 hectares).
There are no affordable housing or CIL contributions required under the current planning consent.
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First listed

Over a month ago

Thurston IP31

Marketed by

Hazells Chartered Surveyors - Commercial The Annexe, Short Brackland Bury St Edmunds IP33 1EL
Call agent on 01284 644660
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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Hazells Chartered Surveyors - Commercial. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hazells Chartered Surveyors - Commercial for full details and further information.
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