*Guide | £350,000+ (plus fees)
- Commercial Property
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Vacant Two Storey Commercial Unit Formerly Arranged as a Social Club / Restaurant. Offered With Renewed Planning Permission to Demolish the Existing Dwelling and to Erect Five Ground Floor Commercial Units and Six Flats on the Upper Floors
The property comprises a two storey commercial unit. The property requires a program of refurbishment and repairs.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. Nearby multiples include McDonald's, Boots and Morrisons. The open spaces of Eastside Park are within easy reach. Transport links are provided by Newhaven Town rail station.
Accommodation
Total G.I.A Approximately 4,270 sq ft
Planning
Lewes and Eastbourne Borough Council granted the following planning permission (ref: LW/25/0151) on 15th July 2025: 'Demolition of former Newhaven Social Club and erection of 2 and 3 storey building comprising 6no. 2 bedroomed flats(C3) on first and second floors and 5no. business units on ground floor for Class E uses - Resubmission of LW/22/0152 (approved) | 2 Chapel Street Newhaven East Sussex BN9 9PN'.
The seller has advised an Estimated Rental Value of £140,000 per annum once refurbished and works have been completed.
VAT
VAT is not applicable
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
