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Felicia Barnett
5 years ago
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3,175 sq ft (295 sqm) RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR SALE 54-58 High Street, Newhaven, East Sussex, Planning permission granted for 5 flats Current income of 17,100 pax Central

1 3,175 sq ft (295 sqm) RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR SALE High Street, Newhaven, East Sussex, Planning permission granted for 5 flats Current income of 17,100 pax Central location On-site parking Commercial & Residential Estate Agents Relocation Consultancy Development Advice Valuation Landlord & Tenant Feasibility Studies Property Management Business Rates

2 LOCATION: The sea port of Newhaven has a population of 13,000 and is situated on the South Coast 9 miles east of Brighton and 13 miles west of Eastbourne. Newhaven lies at the southern end of the A26 trunk road and its junction with the A259 Coast Road. The port provides a passenger ferry service to Dieppe every morning and evening as well as freight transportation while the marina is also a favoured water sports destination. A location plan and street view can be viewed online through Google Maps by typing in the following postcode:. DESCRIPTION: The building is situated on the west end of the High Street next door to the Post Office. The existing property currently consists of a ground floor children s nursery with residential flat over. However, the property has planning consent under application number: LW/15/0071 for demolition of the existing building and the erection of a timber frame property comprising 3x 1 bedroom flats and 2x two bedroom flats with garden area and two car parking spaces to the rear. PROPOSED SCHEME: Type sqm sq ft GUIDE PRICE: 275,000 VAT: To be confirmed BUSINESS RATES: We have been advised via the Valuation Office Agency website that the current rateable value for the ground floor is 6,200. Additional information is available from the sole selling agents Oakley Commercial. CONTACT: Steven Harvey steven@oakleyproperty.com Main switchboard: Ground floor 1 bedroom flat 41.9 sqm 451 sq ft 1 bedroom flat 46.1 sqm 496 sq ft First floor 2 bedroom flat 65.1 sqm 700 sq ft Second floor 2 bedroom flat 65.1 sqm 700 sq ft Third floor 1 bedroom flat 40.4 sqm 434 sq ft TENURE: Freehold either with vacant possession or subject to the existing tenancies. We understand that the ground floor is currently let to a nursery on a flexible lease producing an income of 9,300 per annum exclusive. Furthermore the existing 2 bedroom flat is let on an AST producing 7,800 per annum. Therefore the total income is 17,100 per annum. Commercial & Residential Estate Agents Relocation Consultancy Development Advice Valuation Landlord & Tenant Feasibility Studies Property Management Business Rates

3 PLANS ARE INCORRECTLY LABELLED IN RESPECT OF THE UPPER FLOORS Commercial & Residential Estate Agents Relocation Consultancy Development Advice Valuation Landlord & Tenant Feasibility Studies Property Management Business Rates

4 Commercial & Residential Estate Agents Relocation Consultancy Development Advice Valuation Landlord & Tenant Feasibility Studies Property Management Business Rates

5 Commercial & Residential Estate Agents Relocation Consultancy Development Advice Valuation Landlord & Tenant Feasibility Studies Property Management Business Rates

6 Rear elevation south/west overview

TO LET / MAY SELL. 16 Avis Way, Newhaven BN9 0DP

TO LET / MAY SELL. 16 Avis Way, Newhaven BN9 0DP TO LET / MAY SELL Light Industrial / warehouse with secure yard and office accommodation. Size: 1,264 sq m (13,606 sq ft) Agency Lease Advisory Management Valuation Investment Development Key Features