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Lot 95

95 – Freehold Coastal Land for Sale Selsey – Investment Opportunity

Guide price £20,000

Type of Sale

Auction 12th August Claridge's Mayfair London 1:00pm

Key Features

  • Immediate Exchange on Sale
  • Prestigious Mayfair Auction Venue
  • Prime Freehold Land Investment
  • Significant Redevelopment Potential
  • Vibrant Retail and Leisure Scene

Description

Headlines:

Exceptional opportunity to acquire 2,704 sqm of freehold coastal land with significant future redevelopment potential, offered at a guide price of just £20,000 in Palace Auctions London’s prestigious live and online sale at Claridge’s Mayfair.

Discover a rare chance to secure a substantial parcel of freehold land measuring approximately 2,704 square metres (STMS), superbly positioned at 22 Beacon Drive, Selsey, Chichester PO20 0TW.
This prime coastal plot, outlined in red on the attached plan, forms Lot 95 in Palace Auctions London’s highly anticipated 12th August live and online auction, held at Claridge’s Mayfair in the prestigious St James Room at 1pm.
Situated on a sought-after seafront road, the land enjoys direct access to Selsey’s panoramic beaches and breathtaking sea views. Furthermore, the vibrant local community, bustling high street, and proximity to nature reserves such as Medmerry and Pagham Harbour enhance the lifestyle appeal.
In addition, the area’s strong sense of community and tranquil setting attract both investors and those seeking a coastal retreat.
The land is held freehold under part of title number SK43119 and is offered with vacant possession. As investment land, it presents significant future redevelopment potential, subject to obtaining the required development consents. Notably, the site may suit future beach hut or leisure development, aligning with Selsey’s established coastal character and Chichester District’s “Hold The Line” coastal policy. However, all planning and development is subject to local authority approval and flood risk management.
Buyers benefit from Palace Auctions London’s transparent process, RICS-compliant terms, and comprehensive legal pack. The auction features a competitive guide price of £20,000, with a 2% buyer’s premium (incl. VAT) and £1,000+VAT administration fee. Completion is typically within 28–56 days, ensuring a swift transaction.
Selsey offers excellent amenities, including shops, restaurants, leisure clubs, and reputable schools such as Selsey Academy, Seal Academy, and Medmerry Primary School. Neighbouring areas include Bracklesham Bay, Pagham Harbour, Sidlesham, and the Witterings, providing further lifestyle and investment appeal.
This is a unique opportunity to acquire a substantial freehold plot in a thriving coastal location, with significant potential for future enhancement. Therefore, early viewing and due diligence are strongly recommended. Download the full legal pack and register to bid today.

Auction Venue:

Discover a rare opportunity to acquire Selsey Beech at our highly anticipated live and online property auction. For those interested in land as an investment, this is a fitting chance to pursue investment land in a prime location. It will take place on 12th August 2026 at 1 pm in the iconic St James Room at Claridge’s, Mayfair, London. Renowned for its Art Deco elegance and world-class service, Claridge’s offers an unrivalled setting for discerning buyers. Whether you join us in person or bid online from anywhere in the world, you’ll benefit from state-of-the-art auction technology. In addition, you can expect a seamless experience. Register now to secure your place at this exclusive event. This is the first step towards owning a prime property in one of St Nicholas most sought-after land investment areas.  

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Page Last updated 23 July 2026 15:02

Get in touch

Edward Swindells Auctioneer Consultant Auctioneer & Valuer

Location

Claridge's

Viewing Details

Prospective purchasers are invited to inspect the land site at any reasonable time during daylight hours, without prior appointment and without the need to contact Palace Auctions. Intending bidders are welcome to walk the land at their convenience in advance of the August Auction. Viewings are undertaken entirely at the prospective purchaser’s own risk, and all persons entering the site do so at their own volition. Neither Palace Auctions, their staff or agents, nor the seller accept any responsibility or liability for personal injury, loss or damage to property howsoever caused whilst visiting or inspecting the site. Prospective purchasers are advised to take all reasonable care and precautions when inspecting the land. For full details of this lot, including the Special Conditions of Sale and all relevant legal documentation, please refer to the auction catalogue and the legal pack, copies of which are available from Palace Auctions prior to the sale.

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Important Notices & Guidance Notes

Important notices

Pre-registration approval to bid, guide prices, reserves, additional charges and other matters.

Pre-registration approval to bid Palace Auctions now require all bidders who wish to bid at our Auctions to register. All checks required by current anti-money laundering legislation must be satisfactorily completed as part of this process before prior approval to bid will be given.

Please use the links on our website to pre-register. Following approval to bid, the buyer named in your registration cannot be changed without the consent of the auctioneers.

Guide Prices

A guide price (to include a range of prices), is not an indication of the anticipated eventual selling price or a valuation; it is an indication of the minimum price ( “the Reserve” ) at which (or range of prices within which) the seller might be prepared to sell. The eventual sale price can and frequently does, exceed the guide price.

Where a range is given, the Reserve will sit within that range and will not exceed the top end of the range. Where a single figure Guide Price is given, the Reserve will be within 10%, upwards or downwards, of that figure.

The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website, and you should check the website regularly for updates and on the day of the auction.

All guide prices are quoted “subject to contract”.

Please note the guide price for the Lot does not include: – any Buyers’ Fee charged by the auctioneers; – VAT on the sale price; – SDLT or any other Government taxes.

Additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers.

If a guide price is listed as “TBA”, it means no guide price has been set at present. Please do call our office about this. The guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates and on the day of the auction.

Reserve Prices

The reserve price is the minimum price at which the Lot can be sold.

Whilst every effort is made to ensure that the advertised guide prices are up to date. it is possible that the reserve price set for any Lot may exceed the previously quoted guide price. This is because the seller may fix the final reserve price just before the Lot is offered for sale and you should check the website regularly for updates and on the day of the auction.

Palace Auctions, Residential and Commercial Auctions. Our content is meticulously curated by our seasoned professionals, specifically tailored for discerning property buyers. Our platform is best suited for experienced institutional or business buyers, as well as individuals equipped with the necessary knowledge and expertise to make informed purchasing decisions. We deal in properties that come with their own unique set of risks, which our sophisticated buyers understand. If you’re uncertain about meeting these prerequisites, we recommend seeking independent advice or reaching out to us directly.”

Buyers Premium 

A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction. This fee is typically a percentage of the final bid and is paid directly to the auction house. It serves as a kind of commission for the auctioneer’s services. The exact percentage can vary depending on the auction house. At Palace Auctions our buyers premium on Property (Real Estate sales) is normally £5000 plus vat. It is usually clearly stated in the auction’s terms and conditions. It’s crucial for bidders to factor in the buyer’s premium when determining their maximum bid, as it significantly affects the total cost of the property.

Standard Contract and Administration fees and additional charges (every sale or purchase). 

For each Lot, a documentation charge / Fee is payable on the fall of the hammer to Palace Auctions as follows:

Residential Auctions – Lots sold for £10,000 or more: Buyers’ Fee of £1,500 inclusive of VAT.

Lots sold for less than £10,000: Buyers’ Fee of £1000 inclusive of VAT.

Commercial Properties – All Lots: Buyers Fee £1,000 excluding VAT

Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts.

VAT may be chargeable in addition to the sale price for the Lot. The auctioneer will announce this and will be contained within the particulars.

Other Matters

Please note that Lots may be sold or withdrawn at any time prior to auction.

Please note that the amount of Bidder Security (payable on application to bid at the auction) and the Buyer’s Fee may be varied from the standard amounts quoted upon or website or by a member of our sales team. So please check.

Please refer to the addendum, the Particulars and/or the conditions of sale.

Mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty’s Stationery Office. © Crown Copyright. All rights reserved. Licence number 100022432. Location plans are reproduced from the Ordnance Survey mapping with the permission of Ordnance Survey on behalf of the Controller of Her Majesty’s Stationery Office, © Crown copyright and Database Rights 2018 OS 100060020

The plans and photographs shown in the catalogue are included in order to assist you in locating the Lot in question. They are not to be taken as drawn to scale and any arrows on plans or photographs are merely to assist you in finding the Lot, not for the purpose of indicating legal boundaries or which direction the lot is facing.

The Auctioneers do not warrant or represent that any plans or photographs show the up-to-date position with regard to occupiers either for the Lot or for any other properties shown in such plans or photographs.

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