Circular Road East, Colchester

Location
The site is situated to the south of the town centre on the corner of Circular Road North and Circular Road East and directly adjacent to Abbey Fields.

Colchester Town railway station lies approximately 1/2 mile to the north-east of the site, offering a direct service to London Liverpool Street in approximately 1 hour 10 minutes.

Colchester North railway station is approximately 1½ miles to the north of the site with a fastest journey time to London Liverpool Street of approximately 45 minutes.

Description
The property comprises the site of the former Arena Leisure Centre and car park. The Arena buildings were demolished in March 2017 to slab level.

The total site area, outlined in green and red below, extends to approximately 4.0 acres. The area outlined in green forms part of the former Roman Circus of approximately 1.2 acres which will need to remain undeveloped.

The net developable area, outlined in red, therefore extends to approximately 2.8 acres.

Planning
The site is within the Abbey Field Conservation Area. It is allocated within the Garrison Regeneration Area and highlighted in the Local Development Framework as being a mixed-use redevelopment opportunity and a sustainable location for new urban development.

Colchester City Council require any proposed
redevelopment to be of a scale and character in
keeping with the setting of the site. The Council are keen to see the Roman Circus area set aside as public open space.

The Vendors submitted a preliminary enquiry
application which sought advice on two indicative
residential schemes. Option 1: 45 one and two
bedroom flats arranged in two blocks; and Option 2: 37 three-bedroom houses in three terraced blocks.

A mixed-use development comprising open space and residential development was held to be acceptable in principle. The pre-app response dated 9 November 2021 can be found in the Data Room.

VAT
The site is not elected for VAT.

Easements, Wayleaves and Rights of Way
The land is offered subject to, and with the benefit or burden of all existing wayleaves and easements,
whether or not specifically referred to in these
particulars.

Overage
The site is subject to an Overage Agreement
dated 5 March 2018 which runs until 2038
triggered by implementation of a planning
consent or sale of the land following grant of
planning consent. Further details can be found in
the Dataroom.