For Sale
Providence Place,
Brighton,
East Sussex,
BN1 4GE
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Offices, Development, Investment, Leisure (Class D1, D2 and Other), Retail, Food and Beverage
1,173 Sq Ft (108.97 Sq M)
- Self-contained office/studio accommodation arranged over three floors with WC and kitchenette facilities
- Suitable for a number of commercial uses under Class E
- Newly installed, energy-efficient air conditioning to all floors
- High-quality hardwood flooring with contemporary halogen spotlighting
- Comprehensive Cat 5 data cabling throughout with high-speed internet connection
- Secure intercom and integrated intruder alarm systems
- Direct ground-floor street access for convenient loading, storage and distribution
- Can function as three independent self-contained units, one unified unit, or any combination in between
Location
Brighton and Hove is a vibrant and well-connected city on the South Coast, offering an exceptional quality of life and a strong commercial base. The city benefits from a diverse economy, excellent transport links to London and Gatwick Airport, and a highly skilled workforce, making it an attractive location for businesses across the creative, digital, professional and financial sectors.
40A Providence Place is situated in an established commercial position, located just off London Road and directly opposite the London Road NCP car park. The area has seen significant improvement in recent years and now supports a lively mix of independent retailers, creative studios, cafés and established national operators. Brighton Station is approximately a ten-minute walk, providing excellent connectivity for staff and clients, while the surrounding neighbourhood offers strong amenities and transport links that support both convenience and commercial growth.
Description
This modern three-storey, self-contained office building has been fully refurbished throughout to provide high-quality workspace in a prime Brighton location. The accommodation offers a contemporary finish with newly installed air conditioning, Cat 5 cabling, intercom and intruder alarm systems, hardwood flooring, surface-mounted halogen spot lighting, electric wall-mounted heaters and high-speed internet connectivity. WC and kitchenette facilities are also provided.
The ground floor benefits from direct street access, allowing convenient loading, storage and distribution, making the building suitable for a wide range of office or studio uses. The layout across three floors provides flexible space that can be adapted to suit different operational requirements, and allow for each floor to be independently let with common access to the stairway and WCs.
This recently refurbished building presents an excellent opportunity providing versatile self-contained premises in a vibrant and well-connected part of the city.
Accommodation
The accommodation has the following approximate Net Internal Area (NIA):
| Description | Sq Ft | Sq M | Status |
|---|---|---|---|
| Ground Floor | 308 | 28.61 | For Sale |
| First | 420 | 39.02 | For Sale |
| Second | 445 | 41.34 | For Sale |
| Total | 1,173 | 108.97 |
Energy Performance Rating
We understand the property has an EPC rating of C (expiry date - 16/12/2028).
Planning
We understand that the premises have most recently been used as offices. 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.
Taxation
Rateable Value (2026): £22,500
Occupiers will pay approximately 43% of this per annum.
Tenancy Information
The premises are currently occupied under an effective FRI lease expiring 2029. To discuss details of the lease please contact Flude.
Terms
We have been instructed to market the freehold interest, subject to contract and the existing tenancy at a guide price of £350,000.
The premises are currently occupied under an effective FRI lease expiring 2029. To discuss details of the lease please contact Flude.
VAT
We understand the property is not VAT elected.
Legal Fees
Each party to bear their own legal costs incurred.
Anti-Money Laundering Regulations 2017
In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of €15,000 (EUR) or more, or a rental value of €10,000 (EUR) per calendar month or greater.
This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.
Flude Property Consultants for themselves and for the vendors or lessors of this property whose agents they are give notice that: i) these particulars are set out in good faith and are believed to be correct but their accuracy cannot be guaranteed and they do not form any part of any contract; ii) no person in the employment of Flude Property Consultants has any authority to make or give any representation or warranty whatsoever in relation to this property.
Please note that whilst we endeavour to confirm the prevailing approved planning use for properties we market, we can offer no guarantees in this regard. Planning information is stated to the best of our knowledge. Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues.
We advise interested parties to make their own enquiries to the local authority to verify the above and the level of business rates payable in view of possible transitional arrangements and any reliefs.