Under Offer
26 Abinger Road,
Portslade,
Brighton,
East Sussex,
BN41
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Investment, Development
- Existing 2 storey Class E building of 3,939 sqft with parking and yard
- Outline planning consent to redevelop to provide 11 new flats and 8 parking spaces
- Established and popular residential area
- Fishersgate station is approximately 400 metres and Portslade station is approximately 1 kilometre distance
Location
The property is located on the east side of Abinger Road. Abinger Road is a predominantly residential area within Portslade. Boundary Road - the principle commercial area on the Portslade / Hove border is less than 1 km to the east. As is Portslade station. Fishersgate station is within 400 metres of the property. The A270 Old Shoreham Road is just 100 metres to the north. Providing east - west access to Hove, Brighton, Shoreham, etc. and to the A27 south coast trunk road.
Description
Residential Redevelopment Opportunity
Existing 2 storey Class E Building and Yard with planning consent to redevelop to 11 flats with parking.
Accommodation
The existing accommodation has the following approximate Net Internal Floor Areas:
Ground Floor: 3,312 sq ft / 307.71 sq m
First Floor: 626 sq ft / 58.20 sq m
Total Floor Area: 3,939 sq ft / 365.91 sq m
Planning
The existing building has been used for many years for office and training purposes and is considered to have an established Class E use.
Outline planning consent has been received to redevelop the site for 'The erection of a 2 storey building plus accommodation in the roof for residential use'.
NB. Approval of the reserved matters of scale and access are required.
All documentation of the scheme can be seen on the planning portal of Brighton and Hove City Council's website under reference BH2022/03189.
Terms
The property is to be offered for sale with offers in the region of £750,000.
Rateable Value / Council Tax Band
The existing building has a Ratable Value (2023) of £40,500.
NB. An application to remove this property from the Rating List once demolition has commenced should negate any ongoing rates liability.
Energy Performance Rating
An EPC is not required on the basis that this site it to be redeveloped.