Residential development for sale
Property description & features
- Tenure: Freehold
- Auction Date Of 25th September
- Plot Size Of 8,309 Sq Ft / 772 Sq Meters
- Approved Planning Permission In Place
- GDV Potential Of £2,500,000
- Popular Residential Area
- Current use B8 Storage or distribution/Sui Generis
This unique site presents a rare opportunity for developers and investors to create a standout project in the heart of Littlehampton. The approved planning permission for 9 luxury apartments ensures a streamlined development process, while the potential for alternative commercial uses offers additional versatility and appeal.
The site’s predominantly rectangular shape allows for efficient use of space and ease of planning, making it an ideal canvas for a range of development visions. Whether continuing with the approved residential plans or exploring new commercial ventures, this site is poised to become a valuable asset in a prime location.
The site is predominantly rectangular, providing an efficient and adaptable layout for development located in a popular part of Littlehampton - a vibrant and growing community with excellent amenities and transport links.
Approved under consent LU/45/24/PL, planning permission is granted for the demolition of the existing building and the construction of 9 high-quality apartments, catering to the increasing demand for residential properties in Littlehampton. The development plan includes associated features such as parking, landscaping, and bin/bicycle storage and incorporates thoughtful ample amenities to enhance the living experience.
In our opinion, this site may also suit other commercial uses, subject to necessary consents (STNC). Its strategic location and layout make it ideal for various commercial developments, including offices, retail spaces, or mixed-use projects.
The substantial and well-shaped site offers flexibility for developers to adapt the approved plans or explore new commercial opportunities. With planning permission already secured, this site represents a significant investment opportunity, with potential for attractive returns in both residential and commercial markets.
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