Long leasehold (999 years) development site sold; with planning permission granted for 14 residential apartments.
The scheme will deliver 11,076sqft of NSA residential accommodation with all 14-units as private housing (1 x studio, 5 x 1 beds, 7 x 2 beds and 1 x 3 bed)
Site ideally situated in the heart of the town centre and the seafront, with Worthing station (Southern Railway) just a 10-minute walk from the site
The vendor will grant a new lease to the buyer on the upper floors included as part of the planning application (part of 1st, 2nd and 3rd floors)
Deal arranged with local developer for £950,000.
For full details please download the property brochure.