Commercial property for sale in Eastbourne

Description Development site / existing buildings Location Eastbourne is an established and popular seaside town on the south coast of England. Brighton is 19 miles to the west, London 54 miles to the north, Crawley & Gatwick airport 33 miles to the north west, Tunbridge Wells 24 miles to the north and Hastings 12 miles to the east. The principle roads are the A27 south coast trunk road providing access east and west and the A22 providing access to the north. The town has rail connections to London Victoria with average travel times of 1 hour 36 minutes. The town has a variety of established industries to include tourism, conferences, trade, retail, healthcare, education, construction, manufacturing, professional scientific and the technical sector. Eastbourne's population is growing; between 2001 and 2011 it increased from 89,800 to 99,412. The 2011 census shows that the average age of residents has decreased as the town has attracted students, families and those commuting to London and Brighton. In June 2019, the population of Eastbourne was estimated to be 104,042. The property is located on Birch Road in the established Lottbridge Drove commercial area. The commercial area here extends to approximately 120 acres and the predominant uses are industrial, warehouse, trade counter, vehicle sales (Sui Generis), retail, food & beverage. The property is prominently located on the northern side of Lottbridge Drove on the corner of its junction with Birch Road. Lottbridge Drove provides access to the seafront approximately 2/3 mile to the south east and to the A22 approximately 1 mile to the north west. The A22 provides access to the A27 and the national road network approximately 3 miles to the north. Eastbourne town centre and rail station is approximately 1.5 miles to the south west accessible via the A259. As well as the range of retail, food & beverage outlets, there are various vehicle dealerships/workshops/hire shops including Caffyns VW & Volvo, Halfords Autocentre, Birchwood Mitsubish & Ford, Lottbridge Drove used car motoring centre, Hendy Renault & Dacia, Enterprise Car & Van hire. The location has an established trade counter market with occupiers including Brewers, Howden Joinery, Alsford Timber, Toolstation, Wolseley Plumbing, Screwfix, Brandon Hire and Euro Car Parts. Planning We understand that the property has been used for many years for production, offices and distribution purposes. We anticipate the established use of the property to therefore be a mix of uses E (commercial, business and service) and B8 (storage & distribution). The prevailing planning policy is the Eastbourne Core Strategy Local Plan - adopted in February 2013. Within the Core Strategy the property is located within an area zoned as "Economy (Industrial Estates)". Policy D2 of the Local Plan applies which, amongst other things, seeks to: protect against the loss of good quality employment space Identify sites and land for employment use to meet the need for 44,430 m2 floorspace in the period to 2027 Mmaximise the use of existing employment sites through redevelopment for employment use and increased density on existing industrial estates and the upgrading of existing stock. Interested parties are advised to make their own planning enquiries. VAT Rents and prices are quoted exclusive of, but may be subject to VAT. Accommodation Lok 'N' Store have acquired a wider site for development of a new self-storage facility. The subject site and accommodation is surplus to their requirement and they wish to dispose of it. The accommodation provides warehouse and production buildings built at various times over the past 60 or so years. There are substantial yard areas. The final size of the accommodation and site will be subject to the outcome of our clients planning application. We expect it to be approximately 2.17 acres with circa 57,000 sq ft of accommodation. EPC EPC - B (48) Legal Fees Each party to bear their own legal costs incurred. Terms Our clients preference is to sell the site as a single lot They are open minded to splitting the site and the possibility of letting it. Offers are invited.

Commercial property for sale in Eastbourne, England

Light industrial for sale

Description

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