This property presents a valuable opportunity for investment or development in a well-positioned coastal area, featuring a freehold parcel of land that already has full planning permission granted by Chichester District Council under application reference 24/02198/FUL. The approved plans include the construction of a commercial office unit spanning 88 square meters and the capacity to site up to 31 storage containers, catering to the growing demand for flexible workspace and secure storage solutions.
Conveniently located just off Bracklesham Lane, the site offers discreet vehicular access beside the Co-op store, ensuring both accessibility and low visibility. This established neighborhood provides excellent connectivity to surrounding residential and commercial areas while offering easy routes to East Wittering and major roadways leading to Chichester as well as the broader West Sussex region.
With an estimated rental yield of approximately £55,000 per annum, this project not only serves as an attractive option for personal business ventures but also holds considerable potential as a long-term income-generating asset. The current market trends highlight an increasing necessity for adaptable workspaces and reliable storage options, making this property particularly appealing to savvy investors.
Secured planning permissions of this nature are increasingly rare in desirable locales like this one. Given its prime location and significant investment potential, interested parties are encouraged to explore further details about the opportunity. While no services are currently available on-site and VAT applies to the transaction, this project stands out as a unique prospect for those looking to make their mark in a thriving coastal environment.
