For Sale
Bartholomew House,
Bartholomew Square,
Brighton BN1 1JE
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Offices, Development, Hotels and Guest Houses, Investment, Leisure (Class D1, D2 and Other), Retirement and Residential
57,329 Sq Ft (5,325.86 Sq M)
- Situated within the historic lanes area of central Brighton overlooking Bartholomew Square
- Part let and income producing, and part vacant
- Providing excellent potential to let vacant space or to pursue alternative uses (subject to planning)
- To be sold on a new long lease at a peppercorn ground rent and with a wide user clause
- Offers invited in the region of £5 million
Location
Located in the heart of the Lanes in central Brighton, the property forms part of Bartholomew Square, a busy and vibrant pedestrianised
public square that is home to Brighton Town Hall, and situated within close proximity of Brighton seafront and the Palace Pier.
The city enjoys excellent connectivity, with links to Gatwick Airport and London via the A23/M23 and to the city of Portsmouth via the A27. Brighton railway station is located approximately 0.6 miles to the north, providing frequent direct services to London Victoria, London Bridge ( approx 1 hour) and Gatwick Airport (30 minutes) and onward connections beyond.
Description
The property comprises an L shaped purpose built office and retail block. Forming part of the wider Bartholomew Square development undertaken, we understand, in the mid 1980s. The wider development includes a hotel fronting on to the seafront, an underground car park and a public square.
Floor plans are available on the Dataroom.
Energy Performance Rating
We understand the property has an EPC rating of D (83) (expiry date - 28/11/2032).
Planning
We understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
Taxation
From 1/4/2026:
Ground 1st & 2nd floors, Bartholomew House & 7-9, Bartholomew Square, Brighton, BN1 1JE - £730,000
3rd & 4th floors Bartholomew House, Bartholomew Square, Brighton, BN1 1JE - £420,000
Tenancy Information
The ground, 1st & 2nd floors are offered with vacant possession. The 3rd and 4th floors are leased by Freedom Works Ltd on FRI terms from 08/01/2024 to 07/01/2039.
The base rent is £122,422 per annum increased annually in line with RPI. There is an additional turnover rent.
The service charge contribution is fixed at £122,422.50 per annum increasing annually by 2%. There are mutual break options in Jan 2029 & Jan 2034 subject to 12 months prior notice.
A copy of the lease is available on the Dataroom.
Terms
The property is offered for sale on a new long lease for a term of at least 250 years at a peppercorn ground rent.
The user clause is intended to allow Class E, F1, C1, C2 & C4 uses.
Implementation of any use other than the prevailing office use will be subject to planning.
Unconditional offers invited in the region of £5 million.
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.
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.