The Astoria

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Prime City Centre Residential Led Development Opportunity

The Astoria

10-14 Gloucester Place, Brighton, East Sussex, BN1 4AA

Computer Generated Image Red line for indicative purposes only.

Freehold For Sale JJ

Prime City Centre location

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Site extending to approximately 0.147 ha (0.364 acres)

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Detailed planning permission for 70 unit (C3 use) scheme with ground floor commercial (A1/A2/B1(a) uses)

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Consented scheme in total extends to approximately 6,289 sq m (67,694 sq ft) GIA

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All private residential accommodation

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nconditional offers sought for the freehold interest with U vacant possession

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Suitable for a range of residential uses including Open Market, PRS and Student

Ground floor community room (D1)

Savills Guildford 244-246 High Street Guildford GU1 3JF

Savills London 33 Margaret Street London W1G 0JD

01483 796841

020 7016 3790

savills.co.uk

Red line for indicative purposes only

Location The Site is situated at the edge of the North Laine area of Brighton City centre between the historic quarter known as The Lanes and Grand Parade. Brighton is one of the largest cities in the South East outside London. The city is located in East Sussex on the south coast approximately 52 miles (84 km) south of Central London, 45 miles east of Portsmouth and 24 miles west of Eastbourne. Brighton’s railway station provides easy access to Gatwick Airport in 24 minutes with services to London Victoria in 56 minutes, London Bridge in just over an hour, London Blackfriars in 1 hour 15 minutes and London St Pancras in less than 1 hour and 30 minutes. The Site lies approximately 0.9 miles to the north of Brighton Pier and 0.65 miles to the south east of Brighton Railway Station.

new part 3/part 7 storey building, plus basement which has been designed in a U-shape with a central courtyard at lower ground level. The Site has been designed as a Private Rented Sector scheme but in our opinion could be suitable for other uses. In summary, the permitted scheme allows for: • 70 self contained residential units comprising 1,2,3 and 4 bedrooms • Communal gym (65 sq m), TV room (32 sq m) and locker storage (31 sq m) • Ground floor commercial units (A1/A2/B1 Use) (285 sq m) • Community room (70 sq m) • 72 cycle spaces – Park free scheme

Description The Site provides a Grade II Listed building which was originally constructed in 1933 and used as a cinema until it closed in May 1977, following which it was used for a variety of uses including a Dance/Music venue and public house (A4) but most recently as a Bingo Hall (D2). The Astoria Site extends to approximately 0.147 ha (0.364 acres) in total and has been vacant since 1996-97. The Site fronts Gloucester Place to the east, Blenheim Place to the south, residential dwellings to the west and the Gloucester Place Baptist Church to the north. The Site benefits from views across Victoria Gardens, separating Gloucester Place and Grand Parade to the east.

Planning The Site lies within the administrative boundary of Brighton and Hove City Council. Under the adopted Local Plan (July 2015), the Site lies within the Valley Gardens Conservation Area and abuts the North Laine Conversation Area. The existing building benefits from Listed Building Consent dated 5 March 2015, for its demolition (Ref: BH2013/03927). The recent planning application (Ref: BH2015/01471) was approved under an appeal dated 11 January 2017 (Ref: APP/ Q1445/W/16/3152980). The permitted scheme provides for a

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Accommodation Residential

Section 106 Contributions

The residential element of the scheme provides 140 bedrooms (excluding guest room) and has a total Net Sales Area (NSA) of 4,303 sq m (46,317 sq ft) which can be broken down as follows:

No. Units

No. Beds

Net Sales Area Sq M

Net Sales Area Sq Ft

Guest Room

1

-

14

151

Studios

11

11

37-40

398-431

1 bed flat

5

5

50-51

538-549

2 bed flat

32

64

61-69

657-743

2 bed duplex

8

16

75

807

3 bed flat

12

36

74-76

797-818

4 bed flat

2

8

90-100

969-1,076

TOTAL

70

140

4,303

46,317

Type

The permission is subject to a s106 agreement which outlines contributions totalling £2,018,981 with allowances for: Type

Cost £

Affordable Housing

£1,605,444

Education

£130,310

Recreation

£205,727

Transport

£42,500

Local Employment Scheme

£35,000

Total

£2,018,981

It should be noted that the approved scheme does not require any affordable housing to be provided.

Ancillary Residential Floor

Gross Internal Area Sq M

Gross Internal Area Sq Ft

Office (B1)

Ground

52

560

Reception

Ground

55

592

Servery/Dining Room

Ground

29

312

Gym

Basement

65

700

TV Room

Basement

32

334

Residents’ Storage

Basement

31

334

264

2,842

Type

TOTAL

Commercial The permitted scheme incorporates commercial units (A1/A2/B1(a)) on the ground floor fronting Gloucester Place, a community room (D1) on the ground floor fronting Blenheim Place together with refuse/recycling facilities, cycle storage and other associated works. The commercial element of the permission can be broken down as follows: Type

Floor

Gross Internal Area Gross Internal Area Sq M Sq Ft

Community Room (D1)

Ground

70

753

Commercial Units (A1/A2/B1(a))

Ground

149

1,604

219

2,357

TOTAL

In total the commercial element provides a Gross Internal Area of 219 sq m (2,357 sq ft) excluding plant and communal areas.

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NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. Plan not to scale for identification purposes only.

Tenure

VAT

The Site is to be sold freehold with vacant possession.

Method of Sale

We are informed by the Vendor that the Site is elected for VAT and therefore will be payable upon the purchase price.

This official copy is incomplete without the preceding notes page.

The Site is offered for sale by informal tender (unless sold prior). Offers are sought for the freehold interest on an unconditional basis. Please note that the Vendor reserves the right not to accept the highest or any offer, withdraw the Site from the market or to alter the method of sale at any time. The deadline for offers will be confirmed in due course.

Viewings Viewing days will be held at the Site and will be strictly by appointment only. Please contact the sole selling agents to make an appointment.

Further Information Further information relating to the planning permission and the Site is available upon request along with legal information. The dedicated online dataroom provides a variety of technical and planning related documents relating to the planning permission including a range of surveys.

Contacts Savills Guildford

Savills London

Bob Shattock 01483 796758 [email protected]

Eleanor McMillan 0207 016 3790 [email protected]

Vicky Gunn 01483 796841 [email protected]

Important Notice Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | March 2017