ADDRESSEmployment Land only, Land Ivyhouse Lane, Hastings, TN35 4NN
TYPELand, Commercial Land
TENUREFor Sale Freehold
POSTED ON21st February 2020
Ivyhouse Lane lies 3 km to the East of the A21 being the main route north. Hastings town centre and main train station is also 3 km from the site. Hastings has a residential population of 92,855 (2019) and combined with Bexhill this increases to 135,000.
Hastings has a rail connection with Ashford International with a journey time of less than an hour, this then connects with London St Pancras, journey times can be as quick as 1 hour 30 minutes.
Ivyhouse Lane is an established industrial location within Hastings providing great employment opportunities being so close to residential conurbations and the town centre.
The land is directly adjacent to the established industrial estate (shown in blue) with development underway on Burgess Road for which this site benefits access over.
There are further very good access points direct from Ivyhouse Lane. The land is as identified on the plan within these details and falls within both Hastings Borough Council and Rother District Council who have agreed to work together on a joint approach for the fringes of Hastings.
The site extends to circa 32 acres (bounded in red) of which 15.3 acres has been allocated for employment land (shown in pink).
Generally the site is clear of major foliage (ie: trees worthy of protection) but there are some identified footpaths that can be encompassed within a development or with consent re-directed around the perimeter.
The site Is within the Hastings Borough Council Management Plan under site allocation HOV11 and Rother District Council Development and Site Allocation Plan under site allocation HAS3 – A copy can be supplied on request.
This states Employment under B use classes and states potential floor space of 8,415 sq. m.
The site falls within the High Weald Area of Outstanding Natural Beauty providing an outstanding setting for an employment generating development.
Our clients are willing to sell just the allocated area of 15.3 acres or their entire landholding of 32 acres with an agreed overage.
Should the 15.3 acres be sold in isolation then our clients will retain a suitable right of way over their retained land for future development of their landholding.
If the entire landholding is sold then our clients will retain an overage over the 16.7 acres for any planning betterment for a period of 20 years.
The overage will be for a 50% share in the uplift in value after deduction of the initial purchase price and costs properly incurred in procuring the release.
METHOD OF SALE
After a suitable period of marketing we will contact all interested parties seeking submission of Best Offers by a set date.
At that time we will confirm the information we will want accompanying your financial offer.
Our clients would not dismiss Joint Venture proposals.
VIEWING Interested parties can access the land via the footpath and Ivyhouse Lane by car, if entering upon the land we would request that parties respect this is Private Property and enter at their own risk.
Please contact Ayers & Cruiks prior to accessing the land in order that we can make our vendors aware.
Further information is obtainable from the offices of Ayers & Cruiks 01702 343060