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The Square, Patcham, Brighton

Key features

  • For Sale By Auction Contract
  • 11 Period Cottages All Let on AST'S and Single Commercial Premises
  • Surrounding Gardens
  • Total Current Passing Rent Per Annum is 177,720
  • Significant And Meaningful Break Up Discount Included
  • Further Capital Uplift Available
  • Exceptional and Completely Unique Investment Opportunity
  • Soughtafter Patcham Village Location
  • Legal Pack And Full Marketing Brochure Are Available Upon Request
  • Viewing Is Very Strictly By Appointment Only

Description

FOR SALE BY AUCTION CONTRACT. Comprising of a unique terrace of 11, two storey Grade II Listed cottages full of charm and character as well as130/136 Old London Road, a most elegant, charming, characterful triple width building over two floors trading as The Elizabethan Tandoori Restaurant having been established many, many years ago and let under the terms of a FRI lease until July 26th 2036. Next review 27/6/2027.

Each cottage has 2 bedrooms except for number 10 which has one bedroom and are rented out on Assured Shorthold Tenancies

The Square in Patcham was built during circa 1800 and has been in the same family ownership since 1934, some 91 years ago and offers a quite wonderful and extremely rare opportunity to purchase this mixed residential and commercial portfolio of properties with a very strong and significant breakup value included. Further potential capital value and indeed rental value could be added by undertaking some updating, whilst to some of the cottages, the large communal gardens may be able to be divided up and fenced off thereby affording private and very good sized rear gardens to numbers 18 to 13 inclusive. All of the cottages enjoy their own front gardens.

Location wise, access to The Square is obtained directly from Old London Road, a highly sought after and immensely popular position of Patcham Village hosted by excellent local schools, shops, pubs, restaurants, and coffee shops to name but a few. There is a regular bus service providing access into the city centre of Brighton with stops along the way making visits to Preston Park with its tennis courts, wide open green spaces, and Rotunda Coffee Bar very easy indeed. The same can be said for Preston Park Mainline Railway Station offering direct commuter links to London. Being situated on Old London Road, access to the Brighton to London A23 is literally less than a minute away as is the A27 linking you with both East and West Sussex and indeed other parts of the country.

Brochures

The Square, Patcham, Brighton
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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The Square, Patcham, Brighton

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About Parsons Son & Basley, Brighton

32 Queens Road, Brighton, BN1 3YE
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2Industry affiliation logo 3

PS&B have been providing professional property services since 1825 and is one of the oldest independent firms of Chartered Surveyors, Valuers and Estate Agents in the UK. We are responsible for the letting and management of thousands of properties throughout the UK and are well established in Brighton & Hove, Bognor Regis and Portsmouth.

With nearly 200 years of experience in selling and letting property, PS&B is steeped in a wealth of history and offers an unrivalled experience. Our dedicated team have many years of experience and are prepared to invest both their time and effort in order to provide the best possible personal service to both Landlords and Tenants.

As members of Propertymark (and their Client Money Protection Scheme), TPOS (The Property Ombudsman Scheme), ARMA (Association of Residential Managing Agents) and RICS (Royal Institution of Chartered Surveyors) you can be confident that we are regulated, and you are dealing with a trusted, professional agent.

Your mortgage

Per year
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%
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Years
%
Monthly repayments
£13,955
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Disclaimer - Property reference 34040936. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Parsons Son & Basley, Brighton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Parsons Son & Basley, Brighton on 01273 109882.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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