Latest commercial property news from Lambert Smith Hampton

LSH Residential Development Survey 2013

Exciting new opportunity for Colchester

Lambert Smith Hampton has been appointed by Colchester Borough Council as the sole agent to market approximately 18 acres of development land at the Northern Gateway.

Lambert Smith Hampton is marketing the scheme, located at junction 28 of the A12, for a commercial leisure development. It is situated within the Northern Growth Area and benefits from the recently completed Northern Approach Road from Colchester town centre.
Colchester Borough Council is seeking formal expressions of interest from developers with the skills, ingenuity and capacity to deliver this leisure development opportunity in line with the principles of the masterplan prepared by Allies and Morrison.
Neil Parlett, Director – Public Sector, at Lambert Smith Hampton commented: “Northern Gateway is a rare development opportunity to deliver a planning consented scheme on a prominent gateway site, adjacent to the Weston Homes Community Stadium, home of Colchester United Football Club.”
Colchester Borough Councillor Paul Smith, Portfolio Holder for Business and Resources, said: “Colchester Northern Gateway will be an attractive and sustainable destination for sports, leisure and business. The site complements the wider plans for the growth of new communities at sites across North Colchester.
“This development land represents a significant opportunity to create job opportunities, which will boost economic growth in North Colchester and across the borough.”
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Neil Parlett
Director - Real Estate Advisory

020 7198 2104

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