For Sale

15 Ship Street,
Brighton,
East Sussex,
BN1

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D1 and Other, Development, Investment

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Features
  • Rare opportunity to acquire a substantial period building located in the heart of the historic lanes
  • Freehold
  • 7 flats to upper parts sold on long leases - Flat 1 with just 75 years until expiry
  • Ground and lower ground floors to 15 Ship Street (393.50 sq m / 4,235 sq ft) in commercial use. Offered with vacant possession
  • 13 Ship Street Gardens - comprising a self contained lock up shop and basement - let at £11,000 per annum
  • Lower ground floor flat (15a Ship Street) let on an AST at £9,000 per annum
  • Potential for a range of alternative uses (STP)
  • Offers invited in the region of £1.5 million
  • Virtual tour

Location

The south coast city of Brighton & Hove is 55 miles south of Central London, 50 miles east of Portsmouth and 25 miles west of Eastbourne. The city benefits from excellent transport infrastructure. The A23(M) provides access north, connecting with the A27 - which provides east / west access.

Brighton & Hove is one of the fastest growing conurbations in the country with a population increase of around 8.4% over the past decade and a 6.6% growth forecast by 2030.

The property is located within the historic Lanes district of Brighton, an established, vibrant and popular mixed use location in the heart of the city characterised by predominantly retail, leisure, residential and office uses.

Brighton Station is located 800 metres north. Churchill Square Shopping Centre is 300 metres west. Ship Street connects with the A259 Kings Road on the seafront approximately 150m to the south.

Description

Substantial, attractive, period mixed use building in the heart of the Lanes
FOR SALE

Accommodation

The property comprises an attractive Grade II listed building on a corner plot.
The main frontage is to Ship Street - one of the principle roads within the Lanes. The property also benefits from a substantial frontage to Ship Street Gardens - an attractive twitten connecting Ship Street and Middle Street to the west.

The upper parts comprise 7 self contained flats (all sold on long leases).

13 Ship Street Gardens comprises a self contained lock up shop over the ground and lower ground floors.

The ground and lower ground floors to 15 Ship Street comprise a large open area last used as a dental practice. 15a Ship Street comprises a self contained 1 bed flat to the lower ground floor.

Planning

A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.

Interested parties should make their own planning enquiries and satisfy themselves in this regard.

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

Offers invited in the region of £1.5 million

Will Thomas

01273 740398 Email

Andrew Halfacree

01273 740385 Email

Aaron Lees

01273 740387 Email