The rare opportunity to acquire a prominent riverside development site in Gravesend with planning permission for a full residential scheme.
An attractive opportunity to acquire a cleared, vacant, 0.6 acre site in Gravesend's busy town centre with full planning permission for the construction of 115 apartments. The approved scheme is of contemporary design and comprises exclusively 1 & 2 bedroom units across a part 5, part 12 storey building. Many of the units will benefit from views of the River Thames and 56 residents' parking spaces are included.
Located just a 5 minute walk from the well-connected Gravesend Train Station, the site is likely to prove of interest to national house builders, regional developers and Build To Rent investors.
Planning permission was granted by Gravesham Borough Council on the 4th December 2020 for the construction of 227 dwellings across two sites (Stuart Road and West Street) and also included the erection of 17 office units and a café. Planning Reference: 20191122.
Consent was later granted by the council to allow for the separation and phasing of the two sites as well as the removal of the basement at lower ground floor level and reduction of 55 parking spaces to 34 to create an additional 9 residential units. Planning Reference: 20230366.
There are 22 one-bedroom discount market sale/rent units assigned under the S106 agreement.
