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FOR SALE

1 Albion Street & 1 Richmond Parade,
Brighton,
East Sussex

Offices, D1 and Other, Development

2164 Sq Ft (201.04 Sq M)

Features

  • Mixed office / medical use building
  • With planning consent granted to create 2 additional floors comprising 3 new residential units
  • Along with prior approval to convert existing building to create 2 new residential units
  • Freehold interest for sale with offers in excess of £750,000

Location

The property is situated in a prominent position on the corner of Richmond Parade and Albion Street in central Brighton and approximately 0.5 mile from Brighton train station.

Description

Development Opportunity
Planning permission granted to create 2 additional floors
for residential use.

Accommodation

The property currently comprises a two storey building, arranged as offices over the first floor and medical premises over the ground floor, along with under-croft parking.

The office parts of the property are now vacant, whilst we understand the operator of the clinic is currently holding over on their lease and would like to agree a short term extension.

Ground 934 sq ft 86.80 sq m
First 1,230 sq ft 114.30 sq m
Total 2,164 sq ft 201.10 sq m

Planning

We understand the existing building benefits from a mixed office (B1) and medical (D1) use.

Planning consent has been granted under BH2019/02353 to extend the property with the addition of 2 storeys at second and third floor levels to facilitate the creation of 3 new residential flats (1 x 1bed and 2 x 2bed) along with balcony at second floor and roof terrace at third floor.

In addition, prior approval has been obtained under BH2020/00068 for Change of Use of the existing 1st floor from office use to create 2 residential flats ( 1 x 3 bed and 1 x 1 bed) at 1st floor level.

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

We have been instructed to market the freehold interest inviting offers in excess of £750,000.

Key Contacts

Contact Photo

Ed Deslandes

01273 740396