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COMMERCIAL

East Street, Littlehampton

Guide Price
£750,000
Lextons Auctions, Sussex
PROPERTY TYPE

Residential Development

SIZE

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Key features

  • Auction Date 27th November 2024
  • Plot Size Of 8,309 Sq Ft / 772 Sq Meters
  • Approved Planning Permission In Place
  • GDV Potential Of £2,500,000
  • Popular Residential Area
  • Current use - B8 Storage or distribution/Sui Generis

Description

** Pre Auction Offers Welcome **

This unique site presents a rare opportunity for developers and investors to create a standout project in the heart of Littlehampton. The approved planning permission for 9 luxury apartments ensures a streamlined development process, while the potential for alternative commercial uses offers additional versatility and appeal.

The site’s predominantly rectangular shape allows for efficient use of space and ease of planning, making it an ideal canvas for a range of development visions. Whether continuing with the approved residential plans or exploring new commercial ventures, this site is poised to become a valuable asset in a prime location.

The site is predominantly rectangular, providing an efficient and adaptable layout for development located in a popular part of Littlehampton - a vibrant and growing community with excellent amenities and transport links.

Approved under consent LU/45/24/PL, planning permission is granted for the demolition of the existing building and the construction of 9 high-quality apartments, catering to the increasing demand for residential properties in Littlehampton. The development plan includes associated features such as parking, landscaping, and bin/bicycle storage and incorporates thoughtful ample amenities to enhance the living experience.

In our opinion, this site may also suit other commercial uses, subject to necessary consents (STNC). Its strategic location and layout make it ideal for various commercial developments, including offices, retail spaces, or mixed-use projects.

The substantial and well-shaped site offers flexibility for developers to adapt the approved plans or explore new commercial opportunities. With planning permission already secured, this site represents a significant investment opportunity, with potential for attractive returns in both residential and commercial markets.

Brochures

East Street, Littlehampton

East Street, Littlehampton

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Littlehampton Station0.3 miles
  • Ford Station2.1 miles
  • Angmering Station2.2 miles
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About Lextons Auctions, Sussex

174 Church Road, Hove, BN3 2DJ
Industry affiliations:

Having worked at the top of the London property market, we know estate agents often get a bad rap and it's easy to see why. But Lextons is different.

Choose Lextons and you will discover an estate agency founded on honesty, straight-talking advice and a service that puts our clients' interests above our own.

Notes

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Disclaimer - Property reference 33293925. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Lextons Auctions, Sussex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Lextons Auctions, Sussex on 01273 109874.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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