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Freehold Office Premises , Astec House, 10-12 Sedlescombe Road South, Hollington, TN38 0TA

5,260 Sq Ft / Offices

For Sale - £950,000.00

Available - Last updated: 21 November 2022

2 storey detached office block - 5,260 sq ft (EPC).

Planning consent for demolition of existing and construction of 9 newbuild flats above ground floor commercial.

Extensive parking area.

Vehicular access point directly off Ponswood Road.

Site Area - 0.25 acres.

Freehold with Vacant Possession on completion.
( Agency Pilot Software ref: 24139 )

Location

• Popular East Sussex seaside town.
• Residential location close to local amenities.
• Prominent corner plot.
• Easy access to seafront and St. Leonards Warrior Square station providing direct links to Gatwick Airport and London Bridge

Accommodation

OPPORTUNITY

• Existing premises suitable for owner occupiers.

• Planning Consent for construction of a mixed-use building comprising of 9 flats above ground floor commercial (Planning Reference - APP/B1415/W/21/3276360).

• 1 x 1 bedroom flat, 7 x 2 bedroom flats and 1 x 3 bedroom flat plus 2,431 sq ft commercial unit.

• Potential scope to enhance planning STPP.

• Separate Prior Approval for change of use from office space to 8 self-contained flats (Reference HS/PA/21/00090).

Terms

GUIDE PRICE £950,000.

METHOD OF SALE Inviting Unconditional Offers for the Freehold interest

VAT To be confirmed.

RATES The Rateable Value of the property is £16,000.

LEGAL COSTS Each party is to be responsible for their own legal fees.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £950,000.00 NA

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Harry Speed

SHW

01293 910413



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