Land For Sale £550,000
Strapline
A town centre corner property with redevelopment potential for a mixed use development comprising of 24 HMO units and corner retail unit (Subject to Planning). Investment at £28,750 per annum.
Description
The property comprises of an extensive three storey period building situated on the junction of the High Street and East Street in Littlehampton Town.
The building has good corner frontage and offers potential to fully utilise the existing upper floors and develop further to the side and rear of the property (Subject to Necessary Consents)
Location
Littlehampton is a popular West Sussex town located on the south Coast.
The property is located on the High Street with other occupiers including Boots, Halifax, Costa, New Look and Sainsbury located close by.
Transport
National Rail - Littlehampton (approximately 0.3 miles from the property)
Tenancy
Entire Site currently let to Barclays Bank £28,750 per annum (Notice served - Break date 29th September 2021)
Let on an effective Fri lease commencing 29th September 2019 on a 3 year term subject to an annual tenant only break clause ( 6 months written notice)
The Lease is inside the Landlord and tenant act. This offers the potential purchaser the opportunity to utilise the upper floors currently occupied by Barclays.
Accommodation
The property has the approximate floor areas:
Ground Floor - 2,895 sq ft
First Floor - 1,214 sq ft
Second Floor - 922 sq ft
Total 5,031 sq ft
Planning
Plans have been drawn up for a mixed use development comprising of 24 HMO units and corner retail unit.
A planning application has not yet been submitted
Proposed plans can be provided on request
A town centre corner property with redevelopment potential for a mixed use development comprising of 24 HMO units and corner retail unit (Subject to Planning). Investment at £28,750 per annum.
Description
The property comprises of an extensive three storey period building situated on the junction of the High Street and East Street in Littlehampton Town.
The building has good corner frontage and offers potential to fully utilise the existing upper floors and develop further to the side and rear of the property (Subject to Necessary Consents)
Location
Littlehampton is a popular West Sussex town located on the south Coast.
The property is located on the High Street with other occupiers including Boots, Halifax, Costa, New Look and Sainsbury located close by.
Transport
National Rail - Littlehampton (approximately 0.3 miles from the property)
Tenancy
Entire Site currently let to Barclays Bank £28,750 per annum (Notice served - Break date 29th September 2021)
Let on an effective Fri lease commencing 29th September 2019 on a 3 year term subject to an annual tenant only break clause ( 6 months written notice)
The Lease is inside the Landlord and tenant act. This offers the potential purchaser the opportunity to utilise the upper floors currently occupied by Barclays.
Accommodation
The property has the approximate floor areas:
Ground Floor - 2,895 sq ft
First Floor - 1,214 sq ft
Second Floor - 922 sq ft
Total 5,031 sq ft
Planning
Plans have been drawn up for a mixed use development comprising of 24 HMO units and corner retail unit.
A planning application has not yet been submitted
Proposed plans can be provided on request
Land For Sale Bayford Road
Land For Sale Clifton Road
Land For Sale Anchor Springs
Land For Sale Arcade Road
Land For Sale Church Street
Land For Sale East Street
Land For Sale Franciscan Way
Land For Sale Beach Road
Land For Sale Field Place
Land For Sale Queen Street
Land For Sale Duke's Court
Land For Sale High Street
Land For Sale New Road
Land For Sale Sparks Court
Land For Sale Duke Street
Land For Sale Avon Road
Land For Sale Clifton Road
Land For Sale Anchor Springs
Land For Sale Arcade Road
Land For Sale Church Street
Land For Sale East Street
Land For Sale Franciscan Way
Land For Sale Beach Road
Land For Sale Field Place
Land For Sale Queen Street
Land For Sale Duke's Court
Land For Sale High Street
Land For Sale New Road
Land For Sale Sparks Court
Land For Sale Duke Street
Land For Sale Avon Road
