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Our Summary
- Planning permission for refurbishment and extension of the demise to create 50 residential apartments that has been granted under Planning Application no
- The Opportunity - This former Police Station is a prominent building on Grove Road streetscape, with the planning permission allowing for increasing the square footage and height of the existing building with the addition of a mansard roof
- Current planning guidelines allow for 30% Affordable Housing but this may be reduced to 15% if a successful empty building permit was granted
- For further information/plans please view the planning documents on Eastbourne's planning portal using reference 170819 or contact the sole agent, Home + Castle
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Description
This former Police Station in Eastbourne's town centre offers a unique opportunity for redevelopment into 50 residential apartments, with a granted planning permission under application 17089. The property is situated in a prime location, within walking distance of the train station and seafront, and benefits from its character building and historic charm. The town of Eastbourne has seen sustained growth and investment in recent years, with a growing population and increasing demand for housing.
The property's existing GIA of 49,406.35 square feet can be increased with the addition of a mansard roof and the creation of a new attached building, allowing for a blend of modern and character features. The planning permission also allows for 30% affordable housing, which could be reduced to 15% if a successful empty building permit is granted. With a GDV of £15,000,000, this project presents a significant opportunity for developers and investors looking to capitalize on Eastbourne's growing popularity as a desirable seaside town.