View Brochure - Property Pilot

DEVELOPMENT OPPORTUNITY
FOR SALE 1.78 acres
THE CAUSEWAY Worthing, West Sussex BN12 6BT
Landmark site with planning
permission granted for:
154 residential units
21,938 sq ft of open A1 retail
michaeljones.co.uk
Aerial Photograph of Existing Site from North Westerly direction
DESCRIPTION
This landmark site of approximately 1.78 acres was originally developed as a
headquarters for Lloyds TSB Registrars. The existing buildings extend to circa
70,000 sq ft of net internal area and comprise two main structures, one being
9 storeys which enjoys superb views over Worthing and the surrounding area.
Also included is a 330 space, triple-level car park which borders Shaftsbury
Avenue and is currently accessed from The Causeway.
THE SCHEME
Residentially led, the scheme extends to the entirety of the site and plans are consented to provide 154 residential apartments
together with 21,938 sq ft of open A1 retail space. The consented scheme comprises a 14 storey tower with three imposing
elements which will be wrapped around roof level open amenity areas. The existing decked car park will be retained and
incorporated into the new development.
RESIDENTIAL
RETAIL
Much consideration has been given to the target audience for
this development and it is considered that in the majority, first
and second time buyers, together with investors, will be the
main parties drawn to such a scheme. The site benefits from
being only 100 yards from Durrington mainline railway station
from which Brighton can be reached in under 30 minutes. It is
therefore considered that the Brighton market would be an
additional target audience for the scheme.
Consent has been granted for 21,938 sq ft of open A1 retail
floor space which will have the ability to be occupied as
a single unit or as multiple units.
The Field Place location has been, and continues to be the
subject of considerable investment from the residential
sector. Churchill Homes have commenced the
development of residential retirement homes nearby and
Barrett’s are soon to begin work on a substantial
development of over 250 two and three storey homes on
the adjacent sixth form college site.
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TO CENTRAL LONDON
90 minutes from Durrington-On-Sea
GODALMING
THE STRAND
SHOPPING PARADE
M23
30
miles
A24
55 minutes
E
FIELD PLAC
GATWICK
AIRPORT
CRAWLEY
D
THE STRAN
FIELD PLACE
SHOPPING PARADE
HORSHAM
A23
20
miles
MIDHURST
HAYWARDS
HEATH
A272
PUBLIC
HOUSE
A272
STORRINGTON
A27
WORTHING
BRIGHTON
30 minutes
NHS
TRUST
OFFICE
CHESTERFIELD
ROAD
UE
LITTLEHAMPTON
R PARK
25 minutes
A27
URY AVEN
SHAFTESB
A23
MULTI-STOREY CA
THE CAUSEWAY
A24
10
miles
CHICHESTER
OL
SO
VE
R
B
A3
VARD
THE BOULE
M25
SUB
STATION
DURRINGTON-ON-SEA
TRAIN STATION
LOCATION
Computer Generated Illustration: North East Corner
The Causeway is located in the Field
Place district which is a mixed
residential and commercial area.
Adjacent to the site is The Strand and
Field Place shopping parades, a public
house and several office buildings.
Worthing is a popular and growing town
with a population of 100,000, the largest
in West Sussex. The town benefits from
two golf courses, a new yacht club
(currently under construction) and a
recently completed 18 million pound
state-of-the-art swimming pool facility.
Computer Generated Illustration: South West Corner
RO
AD
TENURE
The property is available freehold. A copy of the title
register and plan is available upon request.
SERVICES
Mains, gas, water, electricity and drainage are available.
It will be the responsibility of all interested parties to
establish the availability and suitability of such services to
serve the development.
RATEABLE VALUE
Business Rates are currently not payable as the property
has been removed from the rating list.
PRICE
Offers invited for the freehold.
LEGAL COSTS
Both parties are to be responsible for their own legal fees.
VAT
VAT will be chargeable.
FURTHER INFORMATION
Copies of planning notices, drawings and title documents
can be obtained upon request from joint agents Michael
Jones Commercial and Stiles Harold Williams.
SECTION 106 AGREEMENT
A Section 106 Agreement has been entered in to - copy
available upon request.
VIEWING
The property can be viewed from the road however access to the site must be arranged by appointment only through the
vendor’s joints agents:
michaeljones.co.uk
Michael Jones Commercial
Stiles Harold Williams
8 Chapel Road, Worthing, BN11 1BJ
69 Park Lane, Croydon, CR0 1BY
Steve Berrett 01903 228602
[email protected]
Richard Plant 020 8662 2718
[email protected]
Mike Jones 01903 228602
[email protected]
Mark Capanda 020 8662 2733
[email protected]
VAT: Under the Finance Act 1989 VAT may be chargeable on the sales and rentals of commercial property. Applicants are advised to make their own enquiries to establish whether or not VAT is
chargeable prior to entering into an agreement. MISREPRESENTATION ACT 1985: Michael Jones & Stiles Harold Williams for themselves and for the Vendor/Lessor of this property whose
agents they are give notice that: 1) The particulars are set out as a general outline only for the guidance of intended Purchasers/Lessees and do not constitute part of an offer or contract. 2) All
descriptions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending Purchasers/Lessees should not rely
on them as statements or representations of fact but should satisfy themselves by inspection or otherwise as to the correctness of each of them. 3) No person in the employment of Michael
Jones or Stiles Harold Williams has any authority to make or give any representations or warranty in relation to this property. June 2013.