Are you searching for the perfect spot to build dream homes, start a new project, or invest in a valuable piece of property? Look no further. Goldschmidt are now advertising a new opportunity to acquire a plot of land in the heart of Bracknell.

It is advertised as being great for an outright sale or joint venture.

Property Overview

This well-situated plot offers 42,211sq ft of flat, usable land—ideal for residential or commercial development in Eastern Road, Bracknell. The location is strategic, offering both privacy and convenience, with easy access to local amenities and key transport routes.

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It is currently held in SPV – the seller is hoping for a company sale. There are losses of around £3,000,000 in this SPV which the purchaser could take advantage of subject to their own due diligence.

The going price is £4,500,000.

Why Bracknell?

Bracknell is one of the most sought-after towns in Berkshire, surrounded by beautiful green spaces, excellent schools, and a growing selection of shops, restaurants, and leisure facilities, the area appeals to both families and professionals alike.

The town is known for its outstanding connectivity, including direct train services to London in just 45 minutes, making it an attractive base for commuters.

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Additionally, Bracknell’s location offers proximity to major roads such as the M4 and M3, placing it in an ideal spot for access to the surrounding towns and cities.

Key Features of the Plot:

  • Size: 42,211sq ft
  • Location: Easern Road, Bracknell. Less than half a mile from the town centre
  • Zoning: Suggested for residential use. Planning permission already granted for 60 apartments
  • Access: Easily accessible by road with excellent transport connections
  • Surroundings: Quiet, green area with proximity to parks and recreational spaces

Planning permission?

Planning permission has been granted by Bracknell Forest Council (ref 16/00626/FUL) on June 22, 2016 for the redevelopment of the site to provide 60 residential units within a part-three, four and five storey building (plus basement car parking) with associated amenity space, landscaping, car parking, refuse stores and foot/cycle path link.

A certificate of lawful use or development was granted by the planning authority on the 18th January 2023 confirming the development has been implemented.

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The consented scheme consists of 60 units in an eye-catching designed building. A selection of one and two bedroom units, all with the benefit of direct outside space and with no onsite affordable, all the two bedrooms have en-suites to the principal bedroom.

There are numerous parking on site including, underground with 64 spaces. The sellers have paid all the preplanning requirements and therefore this scheme can be commenced immediately.

Get in Touch

Contact Goldschmidt via Rightmove for more information.