The Old Racecourse, Lewes
South East
£750,000
Listed on 15/07/2026
Listed on 15/07/2026
The listing
Property details
Bedrooms
N/AType
Not SpecifiedFeatures
- Garden
- Parking
Description
Set within the elevated grounds of the former Lewes Racecourse, the Totaliser Building is a historic property formed from the racecourse’s former bookies’ halls, later converted into stables. The setting has open views across the South Downs and access to nearby footpaths, bridleways and cycle routes, while Lewes town amenities are within reach.
The building has consent for exhibition space, a cafe and a holiday cottage, and has been used for exhibitions as well as a cafe/bar serving visitors to the area. Retained stable doors offer the option of returning parts of the building to equestrian use. The commercial accommodation is described as covering the footprint of five cottages, with scope to develop further subject to planning. A long driveway leads to a gated entrance, with parking and a large lawned garden.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
50out of 100
Grade DWeak opportunity
Confidence: LOW
This is an unusual canvas: a historic former racecourse building in an elevated South Downs setting, with consent for exhibition space, café use and a holiday cottage. The photographed hall has distinctive timber lining, steel trusses and brickwork, while the open grounds and countryside setting add to its appeal; the stated potential for further development is subject to planning and feasibility checks.
The score is a cautious D because the available information does not establish the value or renovation economics: floor area is missing, so the price cannot yet be judged against local £/sq ft, and there is no renovation estimate to assess. The submitted images show a clean, operational hall and maintained grounds, but not the domestic accommodation, so the scope and costs still need fuller verification.
Key opportunities
- Explore the existing consent for exhibition space, café use and a holiday cottage, verifying its scope and practical feasibility.
- Make the exposed timber roof lining, steel trusses and brickwork a feature of the hall.
- Build on the maintained grounds, elevated views and access to surrounding walking, cycling and bridle routes.
Key risks
None recorded.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,833
Based on a loan of £562,500 over 30 years at 4.45% interest
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