20 March 2017, lot 141
“Arguably the single most important, anticipated and iconic holiday village, hotel & spa development opportunity in the South West of England enjoying a lofty position overlooking Lyme Bay and the Jurassic Coast (a World Heritage Site) benefitting from planning consent for 38 semi-detached ‘deck homes’, a 12 bedroom hotel and associated facilities.
Mother Nature has been very kind to the site with its near perfect topography, outlook and orientation while on the ‘man-made’ front there could hardly be a better proximity to the local and regional road network. With Lyme Regis, Charmouth and West Bay to the east and Beer, Branscombe and Sidmouth to the west, the property could hardly be more centrally located on the highly prized and popular stretch of coastline that spans West Dorset and East Devon.
Simple development, as per the current approval in the form of a holiday home sales/lettings and hotel operation, may be on the minds of some but the potential for multi-week disposals and future service charge and ground rent opportunities will be not far from the radar of many.
Finally, there may be opportunities to increase the number of holiday homes and hotel rooms by virtue of the relatively generous use of space thus far, subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquiries with the ‘East Team’ at the Local Planning Authority, the East Devon District Council: Tel: 01395 517475. Website: eastdevon.gov.uk.
The whole site extends to 2.7 hectares (5.13 acres).
Planning Permission has been granted by East Devon District Council, under ref: 14/0677/MFUL dated 5 May 2015, for the construction of two storey 12 bedroom hotel; 38 units of holiday accommodation; central amenities building for restaurant/leisure club and associated parking and access, subject to conditions.
A copy of the Planning Consent and proposed plans are available via the Local Planning Authority’s website.
Freehold with Vacant Possession”