This property presents a compelling opportunity for developers and investors looking to make their mark in the expanding Littlehampton area. With approved planning permission in place for the construction of nine luxury apartments, the groundwork for a successful development is already established, facilitating a more efficient transition from concept to execution.
The site boasts a predominantly rectangular layout, maximizing usability and simplifying the planning process. Its strategic location within a vibrant community ensures that any development project can benefit from strong demand for housing, along with excellent access to local amenities and transportation links. This flexibility opens up possibilities not only within residential development but also for potential commercial ventures, making it an intriguing option for various investment strategies.
Planning consent LU/45/24/PL allows for the demolition of the existing structure, paving the way for new high-quality living spaces designed to meet growing market demands. The development plan includes essential components such as parking facilities, landscaping, and bicycle storage, designed to enhance the overall resident experience.
Importantly, beyond its approved residential plans, this site holds potential for alternative commercial uses subject to necessary permits. Its shape and location lend themselves well to various development options—including offices or retail spaces—making it a versatile asset that could cater to multiple market demands.
With planning already secured and an attractive gross development value projected at approximately £2,500,000, this property represents not just an immediate opportunity but a long-term investment prospect in both residential and commercial sectors. Whether you choose to move forward with the existing plans or explore new ideas altogether, this site is well-positioned for significant growth.
