Ready-to-build freehold plot with planning for storage containers and an office — projected £55k pa income..
- Full planning permission for up to 31 storage containers and 88 sqm office
- Freehold plot approx 0.28 acres (circa 12,200 sqft / 1,133 sqm)
- Projected rental income circa £55,000 per annum (consented scheme)
- Vehicular access via side of Co-op store; level, grass-covered site
- Asking price £295,000 (subject to contract)
- VAT registered; no current Rateable Value; undeveloped site no EPC
- Small infill site adjacent to residential properties; limited scale
- Alternative uses possible only with further consents
A ready-to-build freehold parcel at the corner of Stocks Lane and Bracklesham Lane with full planning permission (ref 24/02198/FUL) for up to 31 storage containers and an 88 sqm office unit. The consented scheme suits a small-scale storage and light commercial operator or an investor seeking immediate rental income in a coastal suburb. Vehicular access is available via the side of the nearby Co-op store, and the site area is approximately 0.28 acres (circa 12,200 sqft / 1,133 sqm).
Projected rental income for the approved layout is circa £55,000 per annum, making the asking price of £295,000 a straightforward yield play once developed. The plot is level and grass-covered, with permeable hardstanding and a sedum roof proposed on plans, which could reduce surface-water run-off and support planning compliance. The location benefits from good road links to Chichester, local amenities and a busy coastal catchment that supports self-storage demand.
Buyers should note the site’s limitations: it is a relatively small infill site intended for a single low-rise commercial unit plus container storage and sits adjacent to residential and light commercial properties. Alternative uses would need fresh local authority approvals. The property is VAT registered, has no current rateable value, and undeveloped land is not subject to an EPC. Purchasers must be prepared to undertake the build and connect services in line with the approved drawings and bear their own legal costs. AML checks will be required before any transaction can complete.
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