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126 Gloucester Rd
Brighton BN1 4BU
Office Property For Sale


Investment Highlights
- Conversion to residential (application submitted for conversion to five residential units with commercial retained to the ground floor
- For sale freehold with vacant possession - £900,000
- Prominent corner location in the heart of the popular North Laine
Executive Summary
The property is located in the popular North Laine area of Brighton. Brighton station is within 400 metres, Brighton seafront within 900 metres and Churchill Square shopping centre within 800 metres.
The A23 is within 100 metres to the east of the property and provides access to the A27 to the north.
The North Laine is a vibrant and popular part of Brighton with a mix of office, retail, leisure and residential uses prevailing.
The building comprises a mix of workshop, warehouse and office accommodation arranged over 2 main floors with an attic to the northern part of the building providing storage accommodation.
Freehold for sale with a guide price of £900,000
We understand that the premises benefits from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
A planning application has been submitted to convert and extend the building to provide five residential units with a Class E commercial unit on the ground floor. The scheme provides 4,120 sq ft of residential space and 2,016 sq ft of commercial space. The proposed layout of this scheme is shown below.
Full details can be viewed on the Brighton & Hove City Council's planning portal - Ref: BH2022/02689. The application has been recommended for approval. A Section 106 agreement is in the process of being agreed.
Rents and prices are quoted exclusive but may be subject to VAT.
Each party to bear their own legal costs incurred.
The A23 is within 100 metres to the east of the property and provides access to the A27 to the north.
The North Laine is a vibrant and popular part of Brighton with a mix of office, retail, leisure and residential uses prevailing.
The building comprises a mix of workshop, warehouse and office accommodation arranged over 2 main floors with an attic to the northern part of the building providing storage accommodation.
Freehold for sale with a guide price of £900,000
We understand that the premises benefits from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
A planning application has been submitted to convert and extend the building to provide five residential units with a Class E commercial unit on the ground floor. The scheme provides 4,120 sq ft of residential space and 2,016 sq ft of commercial space. The proposed layout of this scheme is shown below.
Full details can be viewed on the Brighton & Hove City Council's planning portal - Ref: BH2022/02689. The application has been recommended for approval. A Section 106 agreement is in the process of being agreed.
Rents and prices are quoted exclusive but may be subject to VAT.
Each party to bear their own legal costs incurred.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
5,505 sq ft
Costar Property Class
C
Year Built
1870
Price
£900,000
Price per sq ft
£163.49
Tenancy
Single
Number of Floors
2
Typical Floor Size
2,752 sq ft
Plot ratio
0.18
Total Plot Size
0.70 ac
Amenities
- Signage
- EPC - D
- Storage Space
- Central Heating
- Common Parts WC Facilities
- Fully Carpeted
- Secure Storage
- Smoke Detector
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