Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A

Key Features: • Student block investment opportunity comprising 124 bedrooms across 22 flats • In a prime location with a commanding frontage onto King’s Road • Development potential to convert into multiple dwellings (STP) • Gross rental receipts of £830,028 in 23-24 academic year • The property is let on 51 and 39 week licences and used for summer bookings • Significant capital investment in the property of £850,000 since 01 January 2024 • Approx. floor area of 43,713 sq ft GIA • Approx. site area of approximately 0.15 acres • Potential to modernise the accommodation and improve occupancy rates • Subject to existing tenancies with vacant possession available from the 07.09.25

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 244 - 246 High Street, Guildford, GU1 3JF

Full Description: There is a self-contained commercial unit on the ground floor of approximately 1,345 sq ft to the eastern elevation. The property has one stair core and passenger lift located to the rear of the building. The majority of accommodation is provided on the upper floors, those of which face the southern elevation benefit from uninterrupted sea views. The property had a gross rental income of £830,028 in the 23-24 academic year. The property is let on a mix of 51 week and 39 week licences and is also used for summer bookings. The property offers asset management potential to modernise the accommodationand improve occupancy rates. There is also underlying residential development potential to convert the property into multiple dwellings (subject to the requisite consents). Unconditional offers are sought for the freehold interest subject to existing tenancies with vacant possession available from the 7th September 2025.

The property is situated in Brighton city centre in a prime sea front location, 350 yards from Brighton Pier. The property has the benefit of uninterrupted sea views to the south. Shopping facilities, restaurants and leisure facilities are all within walking distance of the property. Brighton station is 0.6 miles north.Brighton is a vibrant coastal city located on the south coast of England. It is known for its diverse culture, historic landmarks, and views of the English Channel. Brighton is a popular destination for both leisure, tourist and business visitors. There are an abundance of historical properties, extensive shopping facilities, a huge selection of restaurants, and culturalattractions like The Lanes, Royal Pavilion, Brighton Centre, Brighton Pier and the beach. In terms of higher education, there are two universities, Brighton University and the University of Sussex as well as Brighton Metropolitan College and language schools.