Property Details: • Type: Land • Tenure: FREEHOLD • Floor Area: N/A
Key Features: • 1.4 Acres – Planning Permission Granted For 90,000ft² Commercial Space (Self-Storage & Office Centre) • Fully Remediated Site Ready For Development • Of Interest to Occupiers & Developers • Potential For Apartment or Town House Development (STP) • Significant Ground Remediation & River Wall Works Completed • Included Within Adur Council Development Brief • Data Room Available Please Contact
Location: • Nearest Station: Shoreham-by-Sea Station • Distance to Station: 0.7697350072219532 miles
Agent Information: • Address: The Property Works, 30-31 Foundry Street, Brighton, BN1 4AT
Full Description: <div>The site at Kingston Wharf West falls within the Western Harbour Arm area of Shoreham Port and is located directly onto the River Adur. Kingston Wharf sits within the Western Harbour Arm Adur District Council Development Brief.</div><div><br /></div><div>The Development Brief promotes Adur & Worthing Councils requirement to regenerate this part of Shoreham by supporting residential and ancillary commercial development along Brighton Road, moving away from the historic port related commercial uses and regenerating this exciting Waterfront area.</div><div><br /></div><div>Several schemes within the Western Harbour Arm area are now well underway, including Hyde Housing's scheme on the immediately adjoining Kingston Wharf East site providing 255 new shared ownership apartments. Free Wharf, located to the west of Kingston Wharf, is nearing the completion of a mixed-use development to provide exciting new commercial spaces and 540 shared ownership apartments. To the west of Free Wharf, Vivid Housing are completing a 176 apartment affordable housing scheme and directly opposite, Hyde Housing are soon to start work on a shared ownership scheme of 159 apartments and new commercial spaces on the site of the former Adur Civic Centre.</div><div><br /></div><div>The only other competing private market scheme sits to the east of Kingston Wharf and comprises the recently approved Cayuga scheme on the former Howard Kent site for development of 21 town houses and 24 flats, which we understand will start construction imminently.</div><div><br /></div><div><strong><u>Location</u></strong></div><div>Shoreham By Sea is fast becoming a Sussex property hotspot. Offering seaside living and close proximity to the South Downs National Park, it is expanding rapidly with a number of new home schemes underway or recently finished. </div><div><br /></div><div>Shoreham has excellent road, rail and public transport connections to Brighton & Worthing respectively, together with rail services to London Victoria. Brighton City Airport is a short distance to the west across the River Adur and Shoreham Beach. Kingston Wharf West is located at the eastern end of the principle arterial route into Shoreham By Sea fronting both the A259 Brighton Road and River Adur, forming part of the long term regeneration plan for the river frontage and Western Harbour Arm along the Brighton Road which is well underway in the locality.</div><div><br /></div><div><strong><u>Tenancy</u></strong></div><div>Freehold with vacant possession.</div><div><br /></div><div><strong><u>Basis of Sale</u></strong></div><div>Expressions of Interest are sought for the freehold interest of the site. Consideration will be given to either unconditional or subject to planning offers. Interested parties will be expected to provide proof of funds and relevant ID in accordance with the Anti Money Laundering Regulations 2017.</div><div><br /></div><div><strong><u>VAT</u></strong></div><div>Vat will be chargeable at the standard rate.</div><div><br /></div><div><strong><u>Legal Costs</u></strong></div><div>Each party will be responsible for their own legal costs.</div>
