Guide price
£350,000
Restaurant for sale2-4 Chapel Street, Newhaven, East Sussex BN9
Just added
Auction
Freehold
About this property
Guide Price = £350,000+
**For Sale By Public Auction 29th July 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant Two Storey Commercial Unit Formerly Arranged as a Social Club / Restaurant. Offered With Renewed Planning Permission to Demolish the Existing Dwelling and to Erect Five Ground Floor Commercial Units and Six Flats on the Upper Floors
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. Nearby multiples include McDonald's, Boots and Morrisons. The open spaces of Eastside Park are within easy reach. Transport links are provided by Newhaven Town rail station.
Description
The property comprises a two storey commercial unit. The property requires a program of refurbishment and repairs.
Accommodation
Total G.I.A Approximately 4,270 sq ft
Note
The seller has advised an Estimated Rental Value of £140,000 per annum once refurbished and works have been completed.
Planning
Lewes and Eastbourne Borough Council granted the following planning permission (ref: Lw/25/0151) on 15th July 2025: 'Demolition of former Newhaven Social Club and erection of 2 and 3 storey building comprising 6no. 2 bedroomed flats(C3) on first and second floors and 5no. Business units on ground floor for Class E uses - Resubmission of lw/22/0152 (approved) 2 Chapel Street Newhaven East Sussex BN9 9PN'.
VAT
VAT is not applicable
**For Sale By Public Auction 29th July 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant Two Storey Commercial Unit Formerly Arranged as a Social Club / Restaurant. Offered With Renewed Planning Permission to Demolish the Existing Dwelling and to Erect Five Ground Floor Commercial Units and Six Flats on the Upper Floors
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. Nearby multiples include McDonald's, Boots and Morrisons. The open spaces of Eastside Park are within easy reach. Transport links are provided by Newhaven Town rail station.
Description
The property comprises a two storey commercial unit. The property requires a program of refurbishment and repairs.
Accommodation
Total G.I.A Approximately 4,270 sq ft
Note
The seller has advised an Estimated Rental Value of £140,000 per annum once refurbished and works have been completed.
Planning
Lewes and Eastbourne Borough Council granted the following planning permission (ref: Lw/25/0151) on 15th July 2025: 'Demolition of former Newhaven Social Club and erection of 2 and 3 storey building comprising 6no. 2 bedroomed flats(C3) on first and second floors and 5no. Business units on ground floor for Class E uses - Resubmission of lw/22/0152 (approved) 2 Chapel Street Newhaven East Sussex BN9 9PN'.
VAT
VAT is not applicable
Mortgage calculator
Monthly repayment
£1,750 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}