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Sold Prior | Lot 5

Upper Parts 115 St James Street, Brighton, East Sussex, BN2 1TH

Sold Prior

  • Property For Sale
  • Tenure: 999 year lease from 07/03/2019 at peppercorn rent Copy Lease within legal pack

Call the team on 01273 201989 for more information

Auction Date

Fri 19/03/2021

Auction Time

14.30pm

Auction Venue

Live Stream

City centre development opportunity Vacant upper parts with planning consent for 3 flats

The property was built around circa 1980 and comprises a development lease of the first and second floors (currently attic space). Existing internal area at first floor is around 90m (to be extended at both levels within planning approval). This is an exciting opportunity to develop 3 flats for Air BNB use/lettings in the heart of the City or for resale.

Tenure

999 year lease from 07/03/2019 at peppercorn rent Copy Lease within legal pack

Lot Type

Residential

Situation

The property is situated in the heart of the City , 1 minute walk to Brighton seafront/promenade, 15 minute walk Brighton station

Planning

Planning Approval BH2018/00214, approved 17 May 2018 Plans available on Brighton and Hove Council Planning Website

Accommodation

Proposed plans show 2 x 1 bed flats on first floor each circa 50sq.m. Penthouse second floor flat, 2 bed 70sq.m. Access to the property is from Charles Street, on the west side of the building, with a good stairwell approach and concrete staircase,

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 0.3% (0.25% plus VAT) of the sale price, subject to a minimum of £660 (£550 plus VAT)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.