379 South Coast Road, Peacehaven, BN10 7EU
Size
3,029
Tenure
Freehold
EPC
Parking
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- Primary use
- High street retail
- Other use(s)
- Other, Residential development
- Frontage
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No floor / site plan
Key features
- Located on a corner plot
- Mixed Use Building comprising Class E restaurant and 5/6 bedroom accommodation
- Freehold
Description
A rare opportunity to acquire a substantial freehold mixed-use property in Peacehaven, offered with full vacant possession. Arranged over ground and first floors, the ground floor provides an extensive restaurant comprising a large bar on entry, a commercial kitchen to the rear with full commercial extraction, seating for approximately 100 covers, and WC facilities.
The upper floor is accessed via a separate entrance on the northern elevation at ground level, or internally through the kitchen, and offers five rooms, a large hallway, and a bathroom with separate WC. A terrace is situated at the northern end of the building, with a fire escape and external staircase at the southern end.
Vacant possession and prominent roadside position, creates genuine potential for a variety of uses whether as an owner-occupier restaurant, a residential or mixed-use conversion, or a longer-term development opportunity, subject to planning.
The property also benefits from on-site parking for five to six vehicles.
Location
The property occupies a prominent position on South Coast Road (A259), directly opposite a Texaco petrol station and within an established parade of local retailers, restaurants and residential properties. Peacehaven sits on the East Sussex coast, approximately six miles east of Brighton and fifteen miles west of Eastbourne, offering strong connectivity to both towns.
Terms
Offers are invited in the region of £550,000 for the freehold interest, with vacant possession available upon completion.
Business Rates and Council Tax
Commercial (Restaurant): Rateable Value £48,250
Residential (Upper Floor): Council Tax Band A
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
379 South Coast Road, Peacehaven, BN10 7EU
About GRAVES SON AND PILCHER LLP, East Sussex
Our dedicated agency team is committed to providing clients with a highly professional bespoke service on all types of commercial property matters including, disposals, acquisitions, business relocation etc. We have specialists in the retail/catering, offices, industrial/warehouse and investment/development sectors.
Our service to clients can be summarised as follows:
• Intimate and detailed local knowledge combined with in depth expertise.
• Highly motivated team with over 100 years combined frontline experience.
• Advice on sales, acquisitions, redevelopment appraisals and business relocation on both a freehold and leasehold basis.
• Advice on sale/letting of vacant premises, business transfer (going concerns) and property investment sales.
• Advice to both tenants and landlords alike.
• An unrivalled reputation for maximising rental income, sale proceeds and property assets and enjoy close liaison with our various other in house departments i.e residential, management, professional, rating and building surveying.
• Clients include both National companies and private individuals.
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Disclaimer - Property reference 337479-1. 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 GRAVES SON AND PILCHER LLP, East 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.