Share This Listing

Message

970 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Water Ln 3.78 Acres of Commercial Land Offered at $5,586,461 CAD in Littlehampton BN16 4EJ

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Excellent communication links to A259 and A27.
  • Incredibly rare opportunity to purchase Sussex employment site.
  • Outline planning consent for 60,000 sq ft of Class B1 accommodation.
  • Freehold.
  • 3.78 acres / 1.532 Hectares.
  • Offers in excess of £2,000,000.

EXECUTIVE SUMMARY

The property is located to South-East of the New Cala Homes Water Lane residential development. Water Lane is situated off the Angmering by pass road and provides almost immediate access to the A259. The A27 is located less than two miles which provides communications between Chichester (17 miles), Worthing (6 miles) and Brighton (18 miles). The site will have a single point of access from within the new residential development THE DEVELOPMENT A joint development by Cala Homes and Bellway Homes. Set around a central green and featuring a children’s play area, ponds and open spaces. More than £7 million pounds has been invested in outdoor fitness and leisure, education and infrastructure through Section 106 contributions as part of the planning process.
Commercial Development Land for Sale, Consent for Class B1 Use (Other Uses Considered STPC) Excellent communication links to A259 and A27 Freehold Incredibly rare opportunity to purchase Sussex employment site 3.78 acres / 1.532 Hectares Outline planning consent for 60,000 sq ft of Class B1 accommodation Offers in excess of £2,000,000 Cala Homes & Bellway Homes will be responsible for delivering the employment land services.
The employment area to be sold comprises 3.78 acres / 1.532 Hectares. The outline consent allows for 6,000 square metres (64,500 sq ft). This reflects a healthy potential site density equivalent to approximately 40% The property is to be sold freehold with vacant possession.
Cala Homes & Bellway Homes propose to deliver the employment zone road to base course, within seven months of start on site which is currently due for the beginning of Q3 2022. This provides an approximate timeframe for servicing the employment land at the end of Q2 2023.

PROPERTY FACTS

Price $5,586,461 CAD
Sale Type Investment
Tenure Freehold
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Single Family Development
  • Single Family Residence
Total Lot Size 3.78 AC

1 LOT AVAILABLE

Lot

Price $5,586,461 CAD
Price Per AC $1,477,899.77 CAD
Lot Size 3.78 AC

The employment area to be sold comprises 3.78 acres / 1.532 Hectares. The outline consent allows for 6,000 square metres (64,500 sq ft). This reflects a healthy potential site density equivalent to approximately 40%

DESCRIPTION

The land in question is level cover 3.78 acres / 1.532 hectares The property is located to South-East of the New Cala Homes Water Lane residential development. Water Lane is situated off the Angmering by pass road and provides almost immediate access to the A259. The A27 is located less than two miles which provides communications between Chichester (17 miles), Worthing (6 miles) and Brighton (18 Miles). The site will have a single point of access from within the new residential development. THE DEVELOPMENTA joint development by Cala Homes and Bellway Homes. Set around a central green and featuring a children’s play area, ponds and open spaces. More than £7 million has been invested in outdoor fitness and leisure, education and infrastructure through Section 106 contributions as part of the planning process.

  • Listing ID: 26948073

  • Date on Market: 2022-10-27

  • Last Updated:

  • Address: Water Ln, Littlehampton BN16 4EJ

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}