Under Offer

Freehold Terrace,
Brighton,
East Sussex,
BN2 4AB

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Development, Industrial and Warehouse, Offices

3,482 Sq Ft (323.48 Sq M)

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Features
  • Ground floor workshop / warehouse, first floor offices
  • 2 parking spaces
  • Existing building suitable for ongoing commercial use
  • Planning consent to redevelop to 10 bed HMO
  • Significant new development in the surrounding area
  • Freehold for sale

Location

The property is located towards the western end of Freehold Terrace.
Freehold Terrace is located to the north of, and is accessed from, Hollingdean Road. Hollingdean Road connects with Lewes Road at its eastern end and with Ditchling Road at its western end.

Freehold Terrace is located approximately 1.25 miles to the north east of Brighton city centre and approximately 2.1 miles to the south west of the Lewes Road junction with the A27.

The location has seen and continues to see significant new development & regeneration. Hollingbury House - located opposite the subject property - comprises a recently completed 192 bed (approx.) purpose built new student halls of residence development. A further residential scheme is currently under construction a short distance to the east at 45 & 47 Hollingdean Road.

Description

Existing production / warehouse / office building of 323.54 sq m (3,482 sq ft)
Planning consent to redevelop to provide a 10 bedroom HMO
Freehold for sale

Accommodation

The existing building property provides purpose built commercial premises comprising ground floor workshop / warehouse and first floor offices. There is a small basement and 2 parking spaces.

We have measured the existing accommodation to have the following approximate gross internal floor areas:

Lower ground floor 4.09 sq m 44 sq ft

Ground floor 164.18 sq m 1,767 sq ft

First floor 155.27 sq m 1,671 sq ft

Total 323.54 sq m 3,483 sq ft

Planning

The premises have been used for many years as light production, assembly and offices. These uses fall under E and B8 of the 2020 Use Classes Order.


Planning consent to redevelop to a HMO

Planning consent has been obtained - ref BH2020/01609 - to demolish the existing building and replace with a new 10 en-suite bedroom House in Multiple Occupation (HMO).

The scheme also provides 2 communal kitchen / dining / lounge areas, bike store, parking and roof terrace. Plans for this scheme are provided.
Full details of the planning consent can be obtained from Brighton & Hove Council's website.

VAT

Rents and prices are quoted exclusive of, but may be subject to VAT.

Legal Fees

Each party to bear their own legal costs incurred.

Terms

The property is offered for sale with the benefit of vacant possession on completion.

Offers are invited in the region of £750,000.

Rateable Value / Council Tax Band

Rateable Value 2017: £21,000.

Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d.green@flude.com).

Energy Performance Rating

We understand the property has an EPC rating of E.

Alex Roberts

01273 740 386 Email