67 western road, brighton, east sussex bni...

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Agency | Lease Advisory | Management | Valuaon | Investment | Development 67 Western Road, Brighton, East Sussex BNI 2HA MIXED USE RETAIL & RESIDENTIAL INVESTMENT PLANNING CONSENT FOR 2 NEW MAISONETTES TO THE REAR FOR SALE

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Page 1: 67 Western Road, Brighton, East Sussex BNI 2HAbulkloader.prd.pl.artirix.com.s3.amazonaws.com/0c40346c-5b5a-4ed… · any structural calculation or building construction / demolition

Agency | Lease Advisory | Management | Valuation | Investment | Development

67 Western Road, Brighton, East Sussex BNI 2HA

MIXED USE RETAIL & RESIDENTIAL INVESTMENT PLANNING CONSENT FOR 2 NEW MAISONETTES TO THE REARFOR SALE

Page 2: 67 Western Road, Brighton, East Sussex BNI 2HAbulkloader.prd.pl.artirix.com.s3.amazonaws.com/0c40346c-5b5a-4ed… · any structural calculation or building construction / demolition

Key Features• Mixed use investment property• Strong city centre location• Planning consent for 2 further maisonettes

LocationBrighton is one of the largest retailing centres in the south east of England located 56 miles south of London. The city has a catchment population of 744,000 with 507,000 within the primary catchment. The town also benefits from good socio-economic demographics, with 50% of the population classed within the ABC1 category.

Brighton is ranked 1st of the PROMIS Centres on the basis of rental performance between 2008 and 2014.

The property is located on the southern side of Western Road approximately 200m to the west of Churchill Square - Brighton’s principle shopping centre. Nearby occupiers include Argos, McDonalds, Poundland, Trailfinders, KFC, Vodafone etc.

AccommodationA mixed use four storey mid terraced investment property comprising retail & residential accommodation with planning consent to develop 2 further maisonettes to the rear.

We understand the commercial ground and basement floors to comprise the following Net internal areas:Ground floor shop - 52.69 sq m (567 sq ft) Ancillary basement - 51.10 sq m (550 sq ft)Total 103.85 sq m (1,117 sq ft)

The upper parts comprise a large self-contained maisonette (approx 912 sq ft GIA) with self contained access from Stone Street.

The maisonette comprises 2 reception rooms, kitchen, bathroom, WC and 2 bedrooms. 1 of the reception rooms could alternatively be used as a 3rd bedroom.

67 Western Road, Brighton, East Sussex BN1 2HA

Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF

Page 3: 67 Western Road, Brighton, East Sussex BNI 2HAbulkloader.prd.pl.artirix.com.s3.amazonaws.com/0c40346c-5b5a-4ed… · any structural calculation or building construction / demolition

67 Western Road, Brighton, East Sussex BN1 2HA

Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF

Page 4: 67 Western Road, Brighton, East Sussex BNI 2HAbulkloader.prd.pl.artirix.com.s3.amazonaws.com/0c40346c-5b5a-4ed… · any structural calculation or building construction / demolition

SECOND FLOOR PLANSCALE 1:100

FIRST FLOOR PLANSCALE 1:100

GROUND FLOOR PLANSCALE 1:100

LOWER GROUND PLAN SCALE 1:100

CO

NC

EA

LED

PIP

EW

OR

K

NO.17

POWER INLET

FPZ

67 WESTERN ROAD,BRIGHTON,BN1 2HA

DRAWN CHECKED

DATE

SCALE PAPER SIZE

PROJECT

APPROXIMATE G.I.A.

DRAWING

FLOOR PLAN

222.3 SQ M / 2393 SQ FT

1:100

CG

173691

A3

05/09/2016

General note

This drawing is to be read in conjunction with all otherrelevant drawings, schedules and specifications issued byFloorplanz Ltd.

All interior dimensions including ceiling heights are taken toand from finished surfaces unless otherwise stated. Alllevels and dimensions must be checked on site.

Any discrepancies with the information depicted in thisdrawing must be reported in writing to Floorplanz Ltd.Responsibility can not be accepted for alterations made tothis drawing without prior permission from Floorplanz Ltd.

This drawing must not be photocopied, scaled orreproduced otherwise scale accuracy can not beguaranteed.

This drawing should not be used in any circumstances forany structural calculation or building construction /demolition work.

= LIMITED USE AREA

= NET INTERNAL AREA

IPMS INTERNAL AREAS

NIA = 103.8 SQ M / 1117 SQ FT LIMITED USE = 24 SQ M / 258 SQ FT

CH

67 Western Road, Brighton, East Sussex BN1 2HA

Existing layout plans

Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF

Approx: Gross Internal Area = 222.3 sq m / 2,393 sq ft

REAR YARD WITH PLANNING CONSENT TO DEVELOP 2 NEW

MAISONETTES

Page 5: 67 Western Road, Brighton, East Sussex BNI 2HAbulkloader.prd.pl.artirix.com.s3.amazonaws.com/0c40346c-5b5a-4ed… · any structural calculation or building construction / demolition

stage

dwg id

dwg name

project

client

revision

301 - H 14 - 009 -

Winnet Investments Ltd

Floor Plans

17 Stone Street, Brighton

Planning

m a + d

17 x 169 = 2,870

1

2

3

4

5

6

7

8

9

10

14 x 197 = 2,760

1 2 3 4 5 6

New ambulantstaircase toconnect to FirstFloor flats inexisting buildingfrom half landing

Secure refusestore for Subway

Oversized solidtimber door to

allow for bin accessfrom Subway

LGF COMMERCIALPROPERTY AT 67WESTERN ROAD

HallLGF-01

StairwellLGF-02

BicyclesLGF-03

HallLGF-04

LobbyLGF-05

BathroomLGF-06

BedroomLGF-07

17 x 169 = 2,870

14

x 19

7 =

2,76

0

7 8 9

10

11

12

13

14

New enclosedstaircase toexisting flats over67 Western Road

GF COMMERCIALPROPERTY AT 67WESTERN ROAD

Kitchen LivingGF-03

StairwellGF-01

LobbyGF-02

TerraceGF-04

Opaque glazedpanels with white

powder coatedaluminium framedwindow to head of

stairwell

Existing flat roofstructure to be

stripped back andreplaced with newhigh performance

built up felt rooffinish

Lobby1F-01

Hall1F-02

Bedroom1F-03

Bathroom1F-04

Bedroom1F-05

Terrace1F-06

Double heightwindow with void tomaximise naturallight into rearbedroom.Windows to bewhite powdercoated aluminiumframes

Lobby2F-01

Kitchen Living2F-02

Terrace2F-03

Double height voidwith internal andexternal glazing tocreate naturallyventilated lightwellto rear bedroom atFirst Floor

check: bmfirst issue: 30-11-14 scale: 1 to 50 @ A1

# - 30-11-14 - Issued for comment

A - 21-12-14 - Issued for comment

B - 11-01-15 - Issued for comment

C - 30-01-15 - Page layout amended

D - 05-05-15 - Scheme amended

E - 20-05-15 - General updates

F - 21-05-15 - General updates

G - 22-07-15 - General updates

H - 24-07-15 - General updates

Scale -1:501 Lower Ground Floor0 1m 2.5m Scale -1:502 Ground Floor

0 1m 2.5m Scale -1:503 First Floor0 1m 2.5m Scale -1:504 Second Floor

0 1m 2.5m

67 Western Road, Brighton, East Sussex BN1 2HA

Plan showing consented drawing for 2 new maisonettes located to the rear of the yard

Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF

Page 6: 67 Western Road, Brighton, East Sussex BNI 2HAbulkloader.prd.pl.artirix.com.s3.amazonaws.com/0c40346c-5b5a-4ed… · any structural calculation or building construction / demolition

VATRents and prices are quoted exclusive of, but may be subject to VAT.

Viewings and Further InformationStrictly by appointment through the joint agents Flude Commercial and Charters CommercialPlease contact:Andrew Halfacree / Ed Deslandes Email: [email protected] / [email protected] Telephone: 01273 727070

Flude Commercial for themselves and for the vendors or lessors of this property whose agents they are give notice that: i) these particulars are set out in good faith and are believed to be correct but their accuracy cannot be guaranteed and they do not form any part of any contract; ii) no person in the employment of Flude Commercial has any authority to make or give any representation or warranty whatsoever in relation to this property.

13 September 2016

LeaseThe ground and lower ground floor shop are let to GB Sub Ltd with R Sharma (Director of GB Sub Ltd) as guarantor. The lease is for a term of 15 years from 4 August 2014 expiring 3 August 2029. The passing rent is £39,000 per annum exclusive of other outgoings. The rent is subject to 5 year upward only rent reviews (the next review is 4 Aug 2019). The tenant has a right to break the lease on 4 August 2024 subject to serving a minimum of 6 months prior written notice.

The maisonette has been refurbished to a high standard and has been kept empty since these works. In the current market the expected rent is £18,000 per annum on an AST.

PlanningPlanning consent has been granted - ref: BH2015/01841 - to develop a 4 storey building on the yard to the rear of the property (known as 17 Stone Street) to provide 1 x 1 bed maisonette and 1 x 2 bed maisonette.Interested parties are advised to make their own planning enquiries.A copy of the plans showing the consented scheme are attached.

TermsThe Freehold interest is offered for sale at a guide price of £1,250,000.

EPCTBC

Legal FeesEach party to bear their own legal costs incurred.

67 Western Road, Brighton, East Sussex BN1 2HA

Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF

Stephanie [email protected]

01962 888900

Page 7: 67 Western Road, Brighton, East Sussex BNI 2HAbulkloader.prd.pl.artirix.com.s3.amazonaws.com/0c40346c-5b5a-4ed… · any structural calculation or building construction / demolition

50 metres

Brighton Central

For more information on our products and services:www.experian.co.uk/goad | [email protected] | 0845 601 6011

Experian Goad Plan Created: 14/09/2016Created By: Flude Commercial

Copyright and confidentiality Experian, 2016. © Crown copyright anddatabase rights 2016. OS 100019885

67 Western Road, Brighton, East Sussex BN1 2HA

GOAD

Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF

Boundaries shown are for identification purposes only

Page 8: 67 Western Road, Brighton, East Sussex BNI 2HAbulkloader.prd.pl.artirix.com.s3.amazonaws.com/0c40346c-5b5a-4ed… · any structural calculation or building construction / demolition

67 Western Road, Brighton, East Sussex BN1 2HA

Location Maps

Flude Commercial | Pavilion View | 19 New Road | Brighton BN1 1UF

Boundaries shown are for identification purposes only