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    Key features

    • To be offered on Tuesday 29 October
    • Freehold Development Opportunity
    • Consent for Development to 1 x Commercial Unit and 4 x Flats
    • Potential for Alternative Developments (subject to consents)
    • Established and Popular Location
    • Prime city centre location. Close to Brighton Sea Front and Brighton Palace Pier.
    • No VAT
    • Six Week Completion Available

    Description

    Of interest to Investors and developers. The property comprises freehold mixed use period building with consent for redevelopment to provide a commercial unit and four flats.

    Arranged across ground and three upper floors, the property was previously trading as a restaurant premises with self-contained upper parts. The property offers spacious accommodation in need of complete refurbishment.

    The property has approved planning consent (Reference: BH2023/02881) for erection of a four storey mixed use building to include a ground floor commercial unit with a studio flat to the rear, 2 x three bedroom flats to the first and second floors, and 1 x two bedroom flat to third floor.

    The property is situated just off of Brighton Seafront close to the heart of Brighton's famous Lanes with its pubs, restaurants and comprehensive shopping facilities.

    Additional information

    Tenure

    Freehold

    Accommodation

    Current accommodation of property provides:

    Ground floor commercial (use class E) 

    1st & 2nd upper floors residential (C4 HMO).


    Proposed plans:

    Ground floor commercial unit (use class E).

    Rear of ground floor studio flat with small private garden/patio (use class C3)

    1st floor: 3 bed flat (use class C3)

    2nd floor: 3 bed flat (use class C3)

    3rd floor (new floor being added through planning): 2 bed flat (use class C3)

    Planning

    The property has approved planning consent (Reference: BH2023/02881) for erection of a four storey mixed use building to include a ground floor commercial unit with a studio flat to the rear, 2 x three bedroom flats to the first and second floors, and 1 x two bedroom flat to third floor.


    A copy of the Consent and accompanying documents may be downloaded from the Local Planning Authority website, brighton-hove.gov.uk. Tel: 01273 292222.

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      EPC rating

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      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

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

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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