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Land, in Former Police Station, £3,500,000
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Land

Former Police Station, Grove Road, Eastbourne BN21
£3,500,000

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.