A former amusement arcade in Hastings will undergo redevelopment after it was sold to independent property developers Oasis Developments Hastings Ltd, with Vail Williams acting for the freeholder.
The 14,039 square feet property, located just off the seafront, was built in the early 20th century and at one point housed a nightclub on its first floor.
Steve Berrett, Vail Williams’ Partner based in Crawley, said: “We acted for an existing client on this deal. Properties like this are rarely available and we had strong interest throughout the process.
“Historically, the site will be known to many people as the family entertainment centre Old Town Amusements, with Georgies (formerly Waves) nightclub above, but it became surplus to requirements.
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“The site attracted a number of enquiries due to its location within the historic old town of Hastings, which is becoming even more popular with cafes, galleries and boutique shops.”
Oasis has since entered a planning application for 20 apartments and ground floor commercial units, in work which will include demolishing an rebuilding the entire building, with the new building incorporating some of the recognisable George Street and Hastings historic features.
A spokesperson for Oasis Developments said: “The application is highly supported by local organisations with the view that this will enhance the George Street elevation and be a premier tourist attraction.”
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Featured image: 39-41 George Street. Credit: Vail Williams
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