• 40-42 Cooden Sea Road, Little Common, Bexhill, East Sussex, TN39 4SL | For Sale

        £550,000.00 offers in the region of
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        Description

        The premises consist of a former supermarket premises arranged over ground and first floors with a car parking area to the rear for approximately 8 cars. The premises are of brick construction with a tile pitched roof. There is currently a 3 bedroom self contained flat with separate access fronting Cooden Sea Road.


        Location

        Bexhill-on- Sea (population of 90,558) is one of the prosperous seaside towns situated in the historical county of East Sussex in South East England. It is located on the A259 Dover to Brighton trunk road and benefits from good road communications. London is 67 miles to the north and Eastbourne and Brighton are 12 miles and 32 respectively to the west. Cooden Sea Road is located in the affluent suburb of Little Common approximately one mile west of Bexhill town centre. The property occupies a busy retailing position at the junction of Cooden Sea Road with Meads Road. Nearby retailers include Tesco Express, Betfred and Nationwide.


        Term

        The freehold interest is offered for sale with offers in the region of £550,000.


        Gross Development Value

        We anticipate a total sale value of circa £1.8 million.


        Planning

        Planning consent has been granted – reference RR/2016/3254/P to redevelop the site offering 3 shops on the ground floor and 4 x 2 bedroom and 5 x 1 bedroom flats above.


        VAT

        VAT may be chargeable on the terms quoted.

        Legal Costs

        Each party to bear their own legal costs.

        Key Features

        • Strong freehold and rental market
        • Cooden Train Station within 1/2 mile
        • Cooden Lynx golf course and Highwood's golf course within 1 mile
        • Established central position
        • Mixed development opportunity
        • Planning consent to develop 9 flats and 3 retail units.

        Rateable Value

        The premises have the following rateable and council tax bandings:

        Shop & Premises: £50,000

        ATM Machine: £3,750

        Viewing

        For further information, email details or to arrange an inspection, please contact agents:

        Simon Hunt Paul Wilton
        T: 01424 404004 T: 01424 404004
        M: 07809 267729 M: 07887 951030
        E: simon@huntcommercial.co.uk E: paul@huntcommercial.co.uk

        Subject to contract sh/hc/07/17

        Enquiry

        Please fill in the following form and we will contact you to discuss your requirements.

        Thank you for your enquiry.