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The Nelson Hotel, 61 Pier Road, Littlehampton, BN17 5LP

For sale: £750,000.00|5219 Sq Ft|Hotels, Other, Restaurants/Cafes, Pubs/Bars/Clubs, Land, Licensed & Leisure, Other Property Types & Opportunities, Commercial Land

PROPERTY DETAILS

FOR SALE£750,000.00
SIZE5219 Sq Ft
ADDRESSThe Nelson Hotel, 61 Pier Road, Littlehampton, BN17 5LP
TYPEHotels, Other, Restaurants/Cafes, Pubs/Bars/Clubs, Land, Licensed & Leisure, Other Property Types & Opportunities, Commercial Land
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON28th August 2020

DESCRIPTION

Description

Public House with Letting Rooms / Consent for 14 Bedroom Hotel / Development Potential
Existing Building - 484 sq m (5,219 sq ft)

Location

Littlehampton is a town, seaside resort and pleasure harbour, and the most populous civil parish in the Arun District of West Sussex. It is located nine miles west of Worthing and 13 miles east of Chichester.

The property occupies a prominent corner location on the eastern side of Pier Road, adjacent to its junction with South Terrace. This position is highly visible and is directly opposite the Oyster Pond and Arun Parade.

Nearby occupiers include Littlehampton Golf Club, Harbour Park Amusements, Lidl, Sainsburys, Costa Coffee and East Beach and Green.

Planning

The premises is currently is consented as a public house with letting rooms.

The subject property also benefits from an outline planning consent for the demolition of the existing building, and replacement with a new four-storey 14-bedroom hotel, with ancillary restaurant and function rooms (Planning Application No. LU/324/18/PL).

The property would also lend itself to alternative uses, subject to planning.

VAT

We understand that the property is elected for VAT.

Accommodation

The property currently configured is as a public house with letting rooms. The public house element is arranged over the majority of the ground floor, with a function room on the lower ground floor.


There is also a letting room on the ground floor, with a further five rooms, plus staff room on the first floor. The letting rooms and first floor can be accessed via a separate street entrance from the western elevation.

The property has the following approximate GIA:
Function Room -60.28 sq m 649 sq ft
Cellar - 72.77 sq m 783 sq ft
Third Floor - 179.02 sq m 1,927 sq ft
Basement - 17.27 sq m 186 sq ft
First Floor - 155.56 sq m 1,674 sq ft



Business Rates / Council Tax Band

Ratable Value (2017): £28,250

Should you require further information on Business Rates, please contact
our in house rating surveyor Daniel Green (d.green@flude.com)

EPC

To be confirmed.

Legal Fees

Each party to bear their own legal costs incurred.

Terms

We have been instructed to market the property and seek offers in excess of £750,000 for the freehold interest (HM Land Registry Number WSX181624), subject to contract and with vacant possession.
( Agency Pilot Software Ref: 3654 )

LOCATION

Location: The Nelson Hotel, 61 Pier Road, Littlehampton, BN17 5LP

Littlehampton (0.4 miles)

Ford (2.3 miles)

Angmering (2.5 miles)

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