81-83 South Coast Road, Peacehaven, East Sussex

£790,000

Guide price

An exciting opportunity to acquire this commercial property in the centre of Peacehaven on the main A259 coastal link road. There are shopping facilities and amenities in the immediate vicinity and it lies six miles east of Brighton and eleven miles south of Lewes with excellent road links via the A259 and the A27.

The property is arranged, at present, as a detached two storey commercial premises, which has been granted Planning Consent for a three storey mixed use development of a retail unit and nine flats with balconies, sea views from the upper units and parking. There may be potential to increase the number of flats by adding a further floor, subject to all necessary consents being obtainable.

Proposed Accommodation

Ground floor

Retail unit extending to 143 sq.m. (1,554 sq.ft.).

Flat One

Living room with open plan kitchen, two bedrooms and bathroom with W.C.

Measurement

81 sq.m. (871 sq.ft.).

Outside

Private garden.

Flat Two

Living room with open plan kitchen, utility room, two bedrooms and bathroom with W.C.

Measurement

81 sq.m. (871 sq.ft.).

Outside

Access to private garden.

First Floor

Flat Three

Living room with open plan kitchen and inset balcony, two bedrooms and bathroom with W.C.

Measurement

80 sq.m. (861 sq.ft.).

Flat 4

Living room with open plan kitchen and inset balcony, bedroom and bathroom with W.C.

Measurement

56 sq.m. (603 sq.ft.).

Flat 5

Living room with open plan kitchen and inset balcony, two bedrooms and bathroom with W.C.

Measurement

78 sq.m. (840 sq.ft.).

Flat 6

Living room with open plan kitchen and inset balcony, utility room, two bedrooms and bathroom with W.C.

Measurement

80 sq.m. (861 sq.ft.).

Second Floor

Flat 7

Living room with open plan kitchen and inset balcony, three bedrooms (one en suite) and bathroom with W.C.

Measurement

107 sq.m. (1,152 sq.ft.).

Flat 8

Living room with open plan kitchen and inset balcony, three bedrooms and bathroom with W.C.

Measurement

106 sq.m. (1,140 sq.ft.)

Flat 9

Living room with open plan kitchen and inset balcony, utility room, two bedrooms and bathroom with W.C.

Measurement

78 sq.m. (840 sq.ft.).

Site Measurements

The site extends to 0.14 hectares (0.34 acres).

Planning

Planning Permission has been granted by Lewes District Council under Ref: LW/18/0366 on the 8th May 2018 for the demolition of 81-83 South Coast Road and construction of three storey mixed use development with ground floor retail unit (A1) and nine flats (C3), refurbishment of 85 South Coast Road (A1) and construction of first floor office (B1A) new hard and soft landscaping throughout the site together with off street car parking, cycle parking and refuse recycling storage, subject to conditions.

A copy of the Planning Consents and proposed plans will be available for download from the Clive Emson website or via Lewes District Council website lewes.gov.uk.

Freehold with Vacant Possession

Commercial EPC: D

Important:

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.

Price Information

*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/

Arrange viewing 01273 253211

Clive Emson - Sussex & Surrey

83 Bates Road, Brighton, East Sussex

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