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2-4 Chapel St

2,672 SF Retail Building Newhaven BN9 9PN $745,440 ($279/SF)

Investment Highlights

  • Mixed Use Commercial & Residential Development Opportunity
  • Attractive new development
  • Heart of Newhaven Town Centre

Executive Summary

The site comprises a former club building with Outline Planning Approval granted (subject to conditions) on 9 August 2022 ref: LW/22/0152 to demolish and construct a new scheme comprising 5 Ground Floor Commercial Class E Retail/ office units suitable for a variety of uses and each with its own WC and Kitchen area with 6 x 2-bedroom flats on two floors above. All four flats at First Floor have Ensuite Shower Rooms and the top floor flats have full Ensuite Bathroom facilities. An electrical car charging point and cycle storage are also included within the application.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,672 SF
Building Class
B
Year Built
1910
Price
$745,440
Price Per SF
$279
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.16 AC

Amenities

  • Car Charging Station

Nearby Major Retailers

Morrisons
Iceland
Lidl
Sainsbury's
SPAR
StorageMart
Brewers Fayre
  • Listing ID: 31864530

  • Date on Market: 5/20/2024

  • Last Updated:

  • Address: 2-4 Chapel St, Newhaven BN9 9PN

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