Hyde secure major Shoreham-By-Sea waterside site

24th September 2015

The  Hyde Group have secured a major redevelopment opportunity in Shoreham By Sea, at Ropetackle North, to the immediate north of the successful Ropetackle development.

Acting on behalf of the Hyde Group, Oakley have successfully acquired the riverside redevelopment opportunity from two Companies in administration, acting by their joint administrators Neil Mather and Nigel Price of Begbies Traynor (Central) LLP, London and their appointed agents, Affinity Commercial LLP, who are part of Affinity Global area Estate group.

The site extends to 2.24 hectares (5.54 acres) and had outlined planning consent for 120 residential units, which comprised both houses and flats, plus commercial space to include a 70 bed hotel and was secured on behalf of the Companies, by Affinity Commercial LLP.

Chris Oakley of Oakley Commercial commented ‘this is yet another substantial and successful acquisition by the Hyde Group who are currently particularly active in the greater Brighton and Shoreham areas, with our practice having also recently acquired the 80 acre site at New Salts Farm on their behalf.

For further information please contact:

Vendor – Joint Administrator Neil Mather, or Richard Goddard – Begbies Traynor (Central) LLP  (0) 20 7516 1500 Neil.Mather@begbies-traynor.com or Richard.Goddard@begbies-traynor.com

Vendor Agent - Affinity Commercial LLP (0)20 7718 5570  zak.veasey@affinitygre.com

Purchaser – Hyde New Build

Purchaser Agent – Oakley 01273 688882  chris@oakleypeoperty.com

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