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Waterside Marina, Brightlingsea, CO7 0BG

SOLD | Guide £6,600,000
Freehold Landmark Residential and Retail Investment | 7.44 Acres
Call 01245 261 226Make an enquiryDownload brochureView galleryDownload info pack

Key Information

  • Includes 50 Berth Marina, 12 Retail Units, 125 Residential Flats and 8 Town Houses
  • Guide Price £5M+
  • Active Management Potential
  • Car Parking for approximately 260 Cars

Freehold Landmark Residential and Retail Investment

The property will be offered at the Acuitus Auction on 19th May 2016 with a guide price of £5,000,000+ (9.06% Net Initial Yield) Subject to Contract.

Brightlingsea is an Essex coastal town situated some 65 miles north-east of London on the River Colne and Blackwater Estuary. The town is popular with seasonal day trippers to its Blue Flag rated beach and is a haven for sailors. Waterside Marina is situated immediately to the south of the town centre, close to the popular Blue Flag Beach and adjacent to Brightlingsea Harbour.

The property comprises a modern and substantial landmark development comprising a marina which can accommodate approximately 50 vessels, and 6 detached buildings comprising some 12 retail units, a terrace of 8 town houses and 125 self-contained residential flats. The property benefits from a subterranean car park for approximately 260 cars. The property also benefits from a site area of approximately 3 hectares (7.44 acres), which includes an area of beach and two separate areas of undeveloped land which is let on long leases. The marina has recently undergone a significant dredging programme that will facilitate larger vessels to use the marina, which may enhance the desirability of the flats and the retail units.

Please see information pack for drawings, service charge info etc.

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