Jackson Chambers, 10-18 Jackson Road, Clacton-on-Sea, Essex, CO15 1JA

Property Details: • Type: Commercial Development • Tenure: N/A • Floor Area: N/A

Key Features: • Freehold • By appointment with the Auctioneer

Location: • Nearest Station: Clacton Station • Distance to Station: 0.3 miles

Agent Information: • Address: 103 The Broadway, Thorpe Bay, Essex, SS1 3HQ

Full Description: FOR SALE BY PUBLIC AUCTION ON WEDNESDAY, 26TH FEBRUARY 2025 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE

COMMERCIAL DEVELOPMENT: A FREEHOLD BUILDING CONTAINING 5 SHOPS, OFFICES AND A WAREHOUSE CONSIDERED TO HAVE POTENTIAL FOR RE-DEVELOPMENT STPP A freehold building arranged as four retail units,first floor offices, and warehouse to the rear. The property was previously fully let however the current owner had allowed the building to become vacant with a view to redeveloping the building. We are advised that pre application advice has suggested the local authority would look favorably at a scheme to convert the upper floors into bedsit/studio accommodation. the upper floors.

10 Jackson Road- A1/A2 retail/financial services- Currently let-614 square foot

12 Jackson Road- A1/A2 retail/financial services- Vacant- 830 square foot

14-16 Jackson Road- A1/A2 retail/financial services- Double fronted- Vacant- 1715 square foot

18 Jackson Road- A1/A2 retail/financial services- Vacant- 355 square foot

Jackson Chambers-B1 Offices and Workshop businesses- Vacant- 2045 square foot Warehouse- 990 square foot

It is considered that the property has the potential to create a high yielding investment and we have been advised that the seller has received a positive Pre-App for conversion of upper Parts to create 8 bedsit/Studios.

It is considered based on predicted market rents that the once converted and fully let the building could produce an annual income of around £75,000 which reflects 21.5% Gross Yield of the guide price. It is considered that as well as converting the upper levels it may be possible to develop the airspace to create further residential accommodation subject to obtaining planning permission from the local authority and all other necessary consents.

For further details relating to the pre application report please refer to the legal pack. For all other planning enquiries please contact Tendring District council on

The property is vacant however we are advised that number 10 (although the business does no longer appear to be trading) has an unexpired lease at a rent £5,700 per annum. Overall Rating DBrochuresLegal DocumentsEnergy Performance CertificatesEPC 1