Oriental Place, Brighton

An opportunity to acquire this substantial Grade II Listed mid terraced period property configured over five floors and comprising of 3,770sq ft of accommodation.

An opportunity to acquire this substantial Grade II Listed mid terraced period property configured over five floors and comprising of 3,770sq ft of accommodation.

Description - An opportunity to acquire this substantial Grade II Listed mid terraced, five storey period property. Originally constructed in circa 1850 as a large villa style seafront house the property has since been converted into and trading as a Hostel under a Sui Generis use with rear self-contained Manager’s cottage accessed from Montpelier Road. Some rooms benefit from oblique sea views, and the property would suit an investor or owner occupier but may be suitable for residential development, subject to the necessary planning consents.

Situation - Oriental Place is located in a popular area close to the seafront and i360. Brighton city centre is a short walk away with Brighton railway station also in close proximity.

Accommodation - The property has the following approximate Net internal floor areas:

LOWER GROUND FLOOR - 64.92 sq.m. / 698.79 sq.ft
GROUND FLOOR - 56.21 sq.m. / 605.03 sq.ft
FIRST FLOOR - 61.02 sq.m. / 656.81 sq.ft
SECOND FLOOR - 54.24 sq.m. / 583.83
THIRD FLOOR - 54.24 sq.m. / 583.83

MANAGERS COTTAGE
GROUND FLOOR - 31.61 sq.m. / 340.24 sq.ft
FIRST FLOOR - 28.02 sq.m. / 31.60 sq.ft
TOTAL FLOOR AREA - 350.26 / 3770.16

Tenancy - Let to Stay Brighton Ltd on a full repairing and insuring (FRI) Lease for a term of 3 years from 1 February 2023, expiring 1 June 2026. The current passing rent is £50,000 per annum, exclusive. The lease is stated to be outside the landlord and tenant act.

Business Rates - Current - £42,000
1 April 2026 - £37,750

Epc - To be applied for

Council Tax(Managers Cottage) - Band D

Vat & Legal Fees - We understand the property is not elected for VAT. Each party to bear their own legal costs incurred.