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379 South Coast Rd 2,311 SF Retail Building Peacehaven BN10 7EU $1,006,657 ($435.59/SF)
Investment Highlights
- Located on a corner plot
- Directly opposite a Texaco petrol station
- Prominent position on South Coast Road (A259)
- Six miles east of Brighton
Executive Summary
A rare opportunity to acquire a substantial freehold mixed-use property in Peacehaven, offered with full vacant possession. Arranged over ground and first floors, the ground floor provides an extensive restaurant comprising a large bar on entry, a commercial kitchen to the rear with full commercial extraction, seating for approximately 100 covers, and WC facilities. The upper floor is accessed via a separate entrance on the northern elevation at ground level, or internally through the kitchen, and offers five rooms, a large hallway, and a bathroom with separate WC. A terrace is situated at the northern end of the building, with a fire escape and external staircase at the southern end. Vacant possession and prominent roadside position, creates genuine potential for a variety of uses whether as an owner-occupier restaurant, a residential or mixed-use conversion, or a longer-term development opportunity, subject to planning. The property also benefits from on-site parking for five to six vehicles.
Property Facts
Sale Type
Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,311 SF
Building Class
B
Year Built
2000
Price
$1,006,657
Price Per SF
$435.59
Tenancy
Single
Building Height
2 Stories
Building FAR
0.52
Lot Size
0.10 AC
Parking
6 Spaces (2.6 Spaces per 1,000 SF Leased)
Frontage
121’ on South Coast Road
1 1
Nearby Major Retailers
1 of 4
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379 South Coast Rd
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