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5 Marlborough Place, Brighton BN1 1UB

Offers in Region of
£795,000

£195.86 per sq ft

Business rates & charges may apply

Flude Property Consultants, Brighton
SIZE AVAILABLE

4,059 sq ft

377 sq m

SECTOR

Mixed use property for sale

Key features

  • Five storey mid terraced period property
  • Currently arranged as offices ground through 3rd floor
  • With a residential flat located over the top floor, and ancillary basement storage space
  • Period style building with original features
  • Situated in the Valley Gardens Conservation Area
  • Suitable for either ongoing commercial use (Class E) or redevelopment / conversion to residential use (STNC)
  • To be sold with the benefit of vacant possession

Description

Brighton - Mixed Office & Residential Use with Potential for Redevelopment

Marlborough Place is located close to Brighton's core commercial district, on the Eastern fringe of the popular North Laine area.

The premises are situated on the southern side of Marlborough Place, approximately 0.4 miles north of the pier and approximately 0.5 miles south east of Brighton station.

We understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020. Interested parties should make their own planning enquiries and satisfy themselves in this regard.

We understand the property is not elected for VAT.

The building comprises a five-storey, mid terraced period property arranged as offices over ground through 3rd floor, with a residential flat situated over the upper floor.

There are WC facilities situated to the rear of the ground floor, and also on the half landings between the 2nd & 3rd floors. There is also a basement providing ancillary storage space and access onto a rear yard.

The overall condition the property is now rather dated and in need of some improvement.

Basement: 683 sqft / 63.42 sqm
Ground Floor: 657 sqft / 61.08 sqm
First Floor: 839 sqft / 77.91 sqm
Second Floor: 633 sqft / 58.78 sqm
Third Floor: 646 sqft / 60.02 sqm
Fourth Floor: 601 sqft / 55.84 sqm
Total: 4,059 sqft / 377.04 sqm


Rateable Value (2023):
£36,250 offices & premises (basement, 1st, 2nd and 3rd floors)

Council Tax Band A (flat on 4th floor)

We understand the property has an EPC rating of D - 88

Each party to bear their own legal costs incurred.

Five storey mid terraced period property

Currently arranged as offices ground through 3rd floor

With a residential flat located over the top floor, and ancillary
basement storage space

Period style building with original features

Situated in the Valley Gardens Conservation Area

Suitable for either ongoing commercial use (Class E) or redevelopment / conversion to residential use (STNC)

To be sold with the benefit of vacant possession

Brochures

5 Marlborough Place, Brighton BN1 1UB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Brighton Station0.3 miles
  • London Road (Brighton) Station0.8 miles
  • Preston Park Station1.6 miles

About Flude Property Consultants, Brighton

19 New Road, BN1 1UF
Industry affiliations:Industry affiliation logo 0

Flude Property Consultants is a regional independent firm of Chartered Surveyors regulated by the Royal Institution of Chartered Surveyors (RICS) who specialise in advising clients with commercial property interests.

Our main areas of expertise are commercial property agency, lease advisory (rent reviews, lease renewals and lease re-gears), property management, valuation, rating, investment and development property.

We are a commercially minded practice who understand the needs and pressures of business.

Notes

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