Vacant Commercial Building In Central Brighton - Potential To Convert To Residential Use, Subject To Necessary Consents

38 Montpelier Crescent, incorporating 117 Dyke Road, is a prominent landmark building, wrapping around the corner of the Seven Dials. The property is vacant, having previously been used as offices and offers scope for a variety of uses - subject to the necessary consents. Arranged over five floors and currently configured as 19 distinct rooms and storage spaces. Access to the building is via four private entrances, alighting the pavement at various elevations, providing extra elements and making converting a more viable prospect. The upper floors of the building boast high ceilings and original features - with scope for alternative use, such as residential development and medical use (subject to necessary consents). Situation The property is located in the heart of the bustling and vibrant Seven Dials area of Brighton, with easy access to the City Centre to the South and the Seafront. Brighton mainline station is within a five minute walk - which has made the area popular for commuters. The Seven Dials, houses an array of cafes, wine bars, restaurants and deli's, along with commercial users including, local Solicitors, Banking and commercial Offices. Accommodation TOTAL GIA to all floors; 476.1 sq/m (5,125 sq.ft) NB - The property does not include shops 119 & 121 Dyke Road - which are owned under a separate Freehold NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY Tenure Freehold Rateable Value £22,250 EPC Rating C

Lot Type

Commercial Investment

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)

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