Waterworks Road, Eastbourne, BN22 8LG

Sold Subject to Contract

Size 51,430 sq. ft

Area Eastbourne

If you prefer to speak to someone:

Call us on: 01323 700100 or 01424 404004

Call us on: 01323 700100 or 01424 404004

Overview

Quality town centre development site with planning for 60 units. (1.4acres)

The brownfield site had been used for over 60 years as a milk dairy and in 2021 planning permission was granted to demolish the site and erect a total of 60 large spacious flats in blocks of two and three storey buildings close to Eastbourne Town Centre

The site measure approximately 1.4 acres and comprises a level site with industrial warehousing and offices measuring approximately 51,430 sq ft.

Access

Access is available from Waterworks Road and Stanstead Road.

Planning

Planning consent has been granted via Eastbourne Borough Council under application number 200742 in February 2021 to provide a mix of 1,2 and 3 bedroom flats within a total of 3 detached buildings. Further details are available upon request.

Section 106 Agreement

A Section 106 Agreement has been put in place between Eastbourne Borough Council and the landowner. The agreement outlines the number of affordable housing units to be provided.

Services

All mains services currently serve the site.

Offers

We are seeking unconditional offers subject to contract only for the freehold interest of the site. Offers should be for a fixed amount and unrelated to any other offer.

Please provide the following information.

• Confirmation of how the purchase is to be funded.

• Whether board approval is required and if so whether it has been sought prior to the submission of the offer.

• Offers will be deemed to have been made with full consideration of the information available in the information pack.

• Estimated timescale.

• Solicitors acting in the transaction.

Location

Waterworks Road, Eastbourne, BN22 8LG

Eastbourne is located approximately 30 miles south east of junction 11 of the M23 Motorway which provides a direct link to London and the M25 motorway. In addition the A27 which is 6 miles north of the town provides access to Brighton, Bognor Regis and Portsmouth to the west.

The property is situated approximately 1 mile north east of the town centre fronting onto Waterworks Road with further access from Stansted Road. The area is a mix of residential and industrial uses.

Business Rates

£102,000

Terms

Tenure

The property is to be sold with vacant possession

VAT

The vendors have not elected to waive exemption to VAT on the land, but reserve the right to do so prior to completion.

Get in touch

Speak to our commercial property team

Eastbourne: 01323 700100 • Hastings: 01424 404004 • Hove: 01273 634000

Eastbourne: 01323 700100
Hastings: 01424 404004
Hove: 01273 634000