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Commercial Development for sale

Kingdom Hall, Hove, BN3

Sold STC £525,000

Property Description

Full description

** SOLD BY AUCTION** Excellent opportunity to invest in and develop large plot close to Seven Dials area.

Freehold building with excellent development potential (STNC)

A large late Victorian freehold brick built building under a pitched and tiled roof. Historically this and the adjoining buildings were known as Goldsmid Mews and were first used by a firm called Taylor and Company, suppliers of horses, carriages and drivers for hire. In the 1920’s it became a storage warehouse and in more recent times, the building we are selling has been used as a Meeting Hall.


situation

The property is on the corner of York Avenue and Windlesham Avenue which is over the road from St Ann’s Well Gardens a beautiful park extending to over 10 acres. This is close to the Seven Dials area and Brighton Station and also a comfortable walk away from the bustling city centre. Nearby Davigdor Road and Dyke Road are well served by regular bus services.


accommodation

Kingdom Hall is arranged as a D1 meeting room on the ground floor with offices and a self-contained two bedroom flat on the first floor. Included within the freehold title, but sold off on long leases are 2 x 1 bedroom self-contained flats and a self-contained D1 basement room. All three leases are 125 years from 1st October 1987. The majority of the courtyard is included within the freehold title but cars can only be parked between 6pm and 8am.

Ground floor
Meeting room 1: 52’6 x 24’10 (16m x 7.57m)
Disabled WC

First Floor
Ladies and Gentleman’s WC’s
Meeting room 2: 25’5 x 10’11 (7.75m x 3.32m)
Kitchen: 9’10 x 9’ (3m x 2.74m)
Large storage cupboard

Flat
Bedroom 1: 13’3 x 10’3 (4.04m x 3.12m)
Bedroom 2: 14’6 x 8’8 (4.43m x 2.64m)
Living room: 14’9 x 12’11 (4.50m x 3.94m)
Kitchen: 13’ x 5’3 (3.97m x 1.60m)
Bathroom


planning

The adjacent building was recently converted from offices into 12 studios and 4 x 1 bedroom flats under applications BN2013/03635 and 02666 and BH2015/00060.

It is considered that this building, which is not listed nor in a conservation area, would be suitable for a similar conversion (STNC) or continue in its present format under use class D1 with ancillary office and residential space.

The entrance from York Avenue is for the exclusive use of Kingdom Hall and this provides further development potential if the building was extended (STNC).



Map & Street View

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Austin Gray, Auction House Sussex on 01273 20 19 80.


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