November 28, 2024
A unique and historically significant site, The Citadel, located in the thriving south coast town of Dover, has been listed for sale through national property consultancy Carter Jonas.
Situated on the Western Heights, this iconic and historically significant site boasts panoramic views over the English Channel and presents a rare redevelopment opportunity to prospective investors.
With a total area of 32.75 acres and 217,371 sq ft (20,194 sq m) of existing accommodation spread across 54 buildings, The Citadel offers a diverse range of potential uses, including residential, later living, leisure, retail galleries, restaurants, hotels, holiday accommodation, offices, tech, venue (music, weddings, arts), and sports facilities, subject to planning.
The Citadel is divided into four distinct parts, including the Parade Ground, the Western Outworks, the Car Park and additional lands, and the Revetment, each offering unique opportunities for development and regeneration.
Having played a key role in the Napoleonic era and both World Wars, The Citadel holds scheduled monument status and includes a number of listed buildings. Its rich history, combined with its unrivalled location and excellent transportation links, makes it a prime candidate for redevelopment into a mixed-use destination.
The site benefits from short-term rental income and existing planning consents for Class E and C2A uses, offering flexibility for potential developers. Additionally, the support of Dover District Council further enhances the appeal of this 38-acre site.
The recent renewal of leases for the Sports Hall and the Dining Room presents immediate rental income opportunities for potential investors. The site’s proximity to central London and ease of access to mainland Europe, together with the surrounding area’s economic resurgence, further positions it as an attractive investment prospect.
This unique and historically significant site is now available for investors and developers to explore its potential for partial or full-scale regeneration.
Ali Rana, Head of National Capital Markets, Carter Jonas, said: “The Citadel offers an exceptional redevelopment opportunity and a chance to revitalise this iconic location. Dover is one of the best-connected Kent coastal towns, and The Citadel has the potential to become a vibrant, valuable, and thriving destination in the area. With its outstanding views and rich history, it has scope for a diverse range of mixed-use developments and is in the prime position to capitalise on the surrounding area’s popularity, and drive a new wave of growth.”
