This property presents a promising investment opportunity with substantial renovation potential. Situated on a 0.29-acre plot, the detached light industrial building previously served as a car service garage and showroom. The structure offers a total ground floor area of 415 sq m (4,467 sq ft), which includes three service garages, a showroom, an office space, and storage facilities. The front and rear yards enhance the outdoor space available for various uses.
Planning permission was granted in December 2024 for the complete redevelopment of the site. The approved plans entail the demolition of the existing building to make way for a modern four-story mixed-use development. This new construction will feature 29 residential apartments—14 one-bedroom and 15 two-bedroom units—alongside a retail unit under Class E designation. Additionally, there will be dedicated basement parking to accommodate residents.
The location further enhances the property's appeal, as it is conveniently located just 400 meters from Wickford Railway Station. The station provides direct rail services to London Liverpool Street in about 43 minutes, making it an attractive spot for potential residents seeking easy access to central London. Nearby amenities include popular establishments such as Pizza Hut and Texaco Petrol Station with an attached Londis Supermarket, along with various restaurants, takeaways, and estate agents.
Overall, this property not only offers immediate utility but also significant long-term value through its development potential in an accessible location poised for growth within Essex.
