Residential Development for sale

Tenure: Freehold

Oakley Commercial are pleased to offer this residential development opportunity, close to Seaford town centre and train station. Planning consent for 14 houses.

The site currently comprises of open land occupied by a local car sales dealer for the display of motor vehicles.

The site extends to approximately 0.65 acres (0.263 hectares) and comprises the central part of an island site, originally developed as a bus garage, but for many years was used as a furniture depository and recently demolished, now providing parking for a local garage. Situated at the Western end of Seaford, opposite Seaford train station, the approved scheme will form a gateway into the town, having a frontage to station approach of approximately 91 metres (298 ft).

The site has double aspect to both Station Approach and Claremont Road. Station Approach is situated on the main A259 South Coast Road running through Central Seaford, whilst Claremont Road provides frontage to the rear of the site. Claremont Road is situated at a lower level than Station Approach (approximately 5 metres).

A location plan and street view can be viewed on the internet by going to Google Maps and typing in the following postcode: BN25 2BQ

Short Term Tenancy
The entire site is let to D.K Enterprises T/A Jermyn & Sons under a lease for a term of 3 years from 2nd September 2010 at a rent of £15,000 per annum and can be terminated by the Landlord at any time after the 2nd September 2011, subject to providing 3 months notice.

Planning Consent
Planning permission for the erection of 14 x 4 bedroom townhouses with double garage and gardens. A full copy of the planning notice will be available upon request. The Planning consent was granted in 2011 and is subject to completion of the Section 106 Agreement, which is subject to total contributions of £84,800.80

For Further Information Contact:
Simon Forrest
Direct Line: 01273 627 411
simonf@oakleycommercial.com

Or

Matthew Wakeman
Direct Line: 01273 645 774
mattheww@oakleycommercial.com

Property Ref:1_1567_2529787