Description

This prestigious Grade II listed office building embodies a wealth of its original features across its Ground, Lower Ground, and three upper floors, positioned between Gloucester Place and Trafalgar Street, offering views of Valley Gardens.

Available for sale, presenting a rare opportunity with full vacant possession. The offering includes three private car parking spaces and a lower ground floor flat with a charming small courtyard situated at the rear of the building.

Key Features

• Grade II listed building
• Rare freehold office property
• Multiple private car parking spaces
• Income producing one bedroom flat with terrace garden
• Close proximity to Brighton station

Accommodation

Ground Floor

Grand entrance hallway leading to Front and Middle Rooms interconnected with double doors, and rear WC and galley kitchen facilities.

• Front Room:  19'8" x 12'2"
• Middle Room: 10'3" x 13'10"
• Rear Kitchen: 18'4" x 6'8"

Ground Floor Accommodation: 504 sq ft (46.8 m2)

Lower Ground Floor Self-Contained Residential (8a):

Internal and external street entrance leading to LGF Flat.

• Front Double Bedroom: 11'10" x 14'3"
• Middle Reception / Lounge: 12'8" x 13'1"
• Rear Kitchen: 6'5" x 13'10"
• Rear Bathroom: 9'2" x 6'5"

Lower Ground Floor Self-Contained Residential (8a) Accommodation: 482 sq ft (44.7 m2)

First Floor

• Front Room: 19'8" x 17'7"
• Rear Room: 9'11" x 13'11"

Half landing area with featured window.

First Floor Accommodation: 483 sq ft (45 m2)

Second Floor

• Front Room: 19'7" x 16'6"
• Rear Room: 10' x 13'6"

Half landing w/c facility. 

Second Floor Accommodation: 457 sq ft (42.5 m2)

Third Floor

• Front Room: 19'8" x 16'8"
• Rear Room: 10' x 13'6"

Third Floor Accommodation: 462 sq ft (42.9 m2)

Total Accommodation: 2,388 sq ft (221.9 m2)

The Second and Third floors are currently used as recording studios under the current ownership and have been meticulously soundproofed, offering well-insulated spaces with immense potential for prospective buyers operating in the creative industries.

Amenities 

• Common areas and select spaces feature fitted carpets.
• Striking front bay windows.
• Stylish wall-mounted ceiling lights.
• Original wooden boarded flooring.
• Well-placed spotlighting throughout.
• Convenient W/C and shower facilities.
• Multiple storage options available.
• Several original fireplace features.
• Air conditioning units throughout.
• Efficient gas-fired central heating system (GFSH).
• Multiple fully equipped galley kitchens.
• Cellular and glazed partitioning.
• Secluded rear courtyard.
• Three private parking spaces at the rear.

Income

Lower Ground Floor Self-Contained Residential (8a) Accommodation - currently rented via Houst (Airbnb Management team) and earning £2,348.55 pcm (circa £28,200 per annum) at 79% occupancy.

Price

£795,000 (seven hundred and ninety-five thousand pounds), subject to contract and full vacant possession.

Business Rates

Billing Authority: Brighton & Hove

- Description: Office and Premises  
- Rateable Value: £25,000
- Valid from April 2023 (current)

VAT

The property is not elected for VAT.

Legal Fees

Each party is to pay their own legal fees incurred. 

Viewing Arrangements

Strictly via prior appointment through sole agent Graves Jenkins (t: 01273 701070).