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Could Angel Court become restaurants, homes, shops?


HOMES, restaurants, shops and offices could be developed by the company which has bought Colchester’s Angel Court for £2million.

The High Street flagship building, built for £3.7million in 1988 by Colchester Council, has been sold to local developer City & Country Group, which specialises in renovation projects.

As part of the deal, the council is to lease back its Customer Service Centre and the CCTV Monitoring Centre.

The firm has yet to reveal detailed plans for exactly how it wants to regenerate the building.

But it is believed the ground floor, fronting on to the High Street and West Stockwell Street, could be used for restaurants or shops.

And the remainder of the building, currently occupied by council officers who are moving to Rowan House, could be used for homes or offices.

Tim Sargeant, City & Country Group chief executive, said: “We are very excited about the opportunities that exist with regards to the site and we are pleased we have been able to work with the council so it can continue to provide much-needed, high-quality services to the local community.

“We are looking forward to restoring the buildings and delivering an attractive, long-term and viable solution for this high-profile location that will be attractive to owner occupiers as well as those seeking to rent good-quality premises in Colchester.”

Paul Smith, councillor responsible for resources, said the deal meant backroom staff would no longer be working in costly town centre offices, but residents would still be able to get help from staff in the town centre.

He said the deal had placed no major restrictions on how City & Country develops the site, but that planning permission for changes would be required.

He said: “Certainly, I think it will regenerate the area.

“It may well be that it will perhaps break the ground floor areas up into separate shop units. In the space above it, they have got commercial use, so there is scope for renovating it.

“There are some quite impressive views from the top floor.”

John Spice, of Bidwells, which acted as property adviser to the council, said: “As the cornerstone for the regeneration of Colchester High Street, Angel Court presented an exciting opportunity to a wide variety of purchasers.

“We are thrilled that, despite the current economic climate, we were able to bring the sale to a successful completion.”

Comments(12)

Sparkfilms says...
7:31pm Mon 15 Mar 10

'We are very excited'...

'We are thrilled'...

Steady on guys, let's just wait and see.

It's not very often anything exciting and thrilling happens in Angel Court - or have another ABBA tribute band been penciled in for a grand opening?

Andy Hamilton says...
8:18pm Mon 15 Mar 10

Quote:
"The High Street flagship building, built for £3.7million in 1988 by Colchester Council, has been sold to local developer City & Country Group, which specialises in renovation projects for £2million"
.
So the Council received half the 1988 building costs. If you include inflation, it is clear it was a disastrous investment. Somewhat like today's Visual Arts Facility!
.
I wonder how long before the Council trash their recently acquired Rowan House.

Voter99 says...
7:38am Tue 16 Mar 10

What's next for sale?

The council housing stock?

Castle Park?

Taj says...
8:25am Tue 16 Mar 10

And one flew over the cukoos nest

Flip Flop says...
8:41am Tue 16 Mar 10

Short Termism!!!. Get the bucks in now, get the bonus safely under the belt, top up the pension and at some point in midterm future, abandon ship when it all hits the fan!

"Your council working for you!"

Sdapeze says...
9:20am Tue 16 Mar 10

Another empty shop in the High Street. No surprise there then.

RitchieHicks says...
10:07am Tue 16 Mar 10

They should keep the court at the town hall and turn Angel Court in to a chavtastic KFC.

hughie-s says...
2:04pm Tue 16 Mar 10

Anyone told Primart, they might like to organise a fight, sorry, open a shop there.

The fact they are letting it go for £2m must be an indication of how millions need spending spending on it. If the Council own the site then why not lease it out and get an income every year rather than £2m now and that's it.

The REAL Norm says...
8:19pm Tue 16 Mar 10

Because they need the cash to prop up the VAF fiasco and top up their cushy pensions.

crosby says...
9:33am Wed 17 Mar 10

Thank heavens you load of cynics are obviously NOT representative of the people who live in this town, a fact that will be proved yet again in May when Conservative, Lib Dem and Labour councillors will get elected. All that changes is a slight shift between one or the other because the majority of people who vote are satisfied about how the town is being run. Those who don't vote whinge and talk a lot about new political movements and independents, but it's all mouth and nothing ever happens.

Andy Hamilton says...
2:55pm Wed 17 Mar 10

Most people have no interest in what the Council does providing the buses run and the bins get emptied. So in a sense "crosby" is justified in claiming "the majority are satisfied".
.
At most Council meetings the councillors restful sleep is only disturbed by one or two members of the public. So people get the governance they deserve.
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However a few try to force councillors to face the truth. Watch after the May elections when the financial crisis is made clear. I predict planning jobs in the Council will be the first to go. Then the refuse collections will be rationalised.

seco2 says...
10:47pm Thu 18 Mar 10

Crosby - do you have a spare hour, to walk around my part of Colchester with me?? Perhaps, having seen the third-world roads and pavements; the rubbish/puke/dogshit
/polystyrene boxes/half-eaten kebabs/broken glass everywhere; the grafitti over everyone's garden walls and fences; the dreadful Friday/Saturday public drunkenness/gangs of chavs; the rotting MOD property - you might, just, see why many of us aren't at all happy with our town??


Angel Court – sold for regeneration for £2million Angel Court – sold for regeneration for £2million

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