In July 2018 planning permission was granted under DM/17/4575 for the demolition of the current building and the creation of two ground floor retail and restaurant unit with 10 residential apartments over the first, second and third floors. It is understood that under permitted development rights the use of the restaurant might be able to be changed in to either A1 or A2 use (buyers are advised to have this confirmed with the planning department of the local authority prior to purchasing)
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Within Burgess Hill there are significant and substantial plans for the major redevelopment of the Central Civic Centre/marketplace area as detailed within the Burgess Hill Town Centre Masterplan.
1 Cyprus Road is an existing single story commercial premises lying to the North of Cyprus and the East of Crescent Way, located within Burgess Hill Town Centre. The site which is very approximately 0.1 acre in size is broadly rectangular in shape. Situated within the vicinity is the High Street, Railway Station and access to the Brighton to London A23/M23.
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It is understood that following discussions between the seller and Mid Sussex District Council Planning Department, it is possible for a further 2 x 2 bedroom flats to be built. Upon such a planning application being approved, an additional payment of £88,000 per flat will be required (£176,000 in total) as part of the s106 Agreement and will eliminate the requirement for any affordable housing.
Guide prices are provided as an indication of the seller’s current minimum acceptable price at auction. They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.
The reserve price is the minimum acceptable price under the hammer, which remains confidential, and may change at any time prior to the auction. Unless otherwise stated, each property will be sold subject to a reserve. The reserve is expected to be set no more than 10% above a fixed figure guide price, or within a guide price range.