A large, empty hotel lobby with polished floors and bright natural light coming through glass doors.

Fully Consented Residential Development Opportunity

Under Offer
Price Reduced
Sold Subject To Contract
Sold
Let
Property Category:
Residential Development
Location:
Hailsham
County:
East Sussex
Ref:
31206
ASKING PRICE
Freehold £1,250,000
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Summary.

Hailsham is a thriving market town, located in the heart of the Wealden area, easily accessible to Lewes, Tunbridge Wells and Eastbourne. Sturton Place enjoys a prominent location, on the main route into town from the A22, on the edge of the town centre.

The site borders, to the West, the 'Cuckoo Trail', a popular route for walking and cycling and to the East, various offices and retail outlets including the Neptune interiors store.

Hailsham aspires to the concept of a '10 minute town' and there are numerous shopping, recreational, hospitality and commercial facilities within a short walk of the site.

Considered ideal for residential development, outline planning consent was granted under WD/2021/1971/MAO and full planning consent (reserved matters) under WD/2023/2020/MRM for the development of 34 apartments. The scheme comprises 2 new purpose built blocks, and the conversion of a former Victorian Drill Hall.

The necessary demolition has been completed under separate consent (WD/2023/0858/F).

Agent's Note: Subject to Planning (STP) enquiries may be considered.

• Town centre location

• 34 one and two bedroom apartments

• 100% market housing (no affordable)

• GDV in the region of £8m

• Mix of purpose built and conversion