6,580 sq ft (611.62 sqm) Site area 0.15 acres/0.06 ha RESIDENTIAL DEVELOPMENT / OCCUPATION / INVESTMENT OPPORTUNITY FREEHOLD FOR SALE St Agnes Church, Newtown Road, Hove, Of interest to developers/investors/occupiers Lapsed planning permission for 5 residential units Currently let to a gym operator until December 2018 at 33,500 pax Potential for further residential development Commercial Head Office 23 & 24 Marlborough Place Brighton East Sussex BN1 1UB Tel 01273 688882 Fax 01273 627419 Commercial & Residential Estate Agents Relocation Consultancy Development Advice Valuation Landlord & Tenant Feasibility Studies Property Management Business Rates

LOCATION: Brighton & Hove is a seaside resort some 55 miles south of London with an estimated population of 273,000 forming a part of a large conurbation stretching along the Southcoast with a population of approximately 480,000. The property sits on a corner site fronting Newtown Road at its junction with Goldstone Lane. The location has excellent communication links being a short walk from Hove mainline railway station, together with road links to the A27/A23 motorway network via the A270 and A2023 which are only a couple of hundred metres away. A location plan and street view can be viewed online through Google Maps by typing in the following postcode: BN3 7BA. DESCRIPTION: St Agnes Church is an imposing corner building designed by A G Humphrey and built in 1902. It officially closed as a church in 1977 and became a training centre for Brighton & Hove Albion football club. The building now houses Brighton & Hove Gymnastics Club who have been in occupation for many years and hold the ground and lower ground floors on a lease expiring in December 2018 at a rent of 33,500 per annum exclusive. The lease is excluded from the 1954 Landlord and Tenant Act for the purposes of renewal and compensation. The building comprises two mainly open plan floors with a significant roof space above. PLANNING: The property currently has planning for D1 use (gymnasium) on the ground and lower ground floors. The property has previously had planning permission granted in 2009 and 2013 for 5x 2 bed duplex apartments within the roof void under application BH/2008/01824 and BH/2011/03836. The latter permission lapsed in April this year. Plans are available overleaf. The gross floor area for the new flats was 5,000 sq ft (466 sqm). A 106 agreement was agreed and signed with a sustainable transport contribution of 3,750. It is considered that the remaining part of the building occupied by a gymnasium could also suit residential development. Subject to necessary consent being obtained. NEW RESIDENTIAL DEVELOPMENT WITHIN THE LOCAL ENVIRONS: Newtown Road and the immediate surrounding area is a mix of established residential and mixed commercial uses. This practice has recently been involved in the redevelopment of One Hove Park which is approximately 300 meters to the north on the corner of the A270 Old Shoreham, Road and Goldstone Crescent. This development comprised 71 new apartments of which 41 were for the private market. The scheme was largely sold off plan with a small number of 3 bed units remaining for sale upon completion which have subsequently been sold. The apartments comprise 1, 2 & 3 bed units and sales achieved were based on an average of approximately 550 per sq ft. The derelict site on the opposite corner to this building is owned by Hyde Housing and has been granted planning permission for 59 residential apartments, 6 family homes and 119 sqm of B1 business space. This development is due to start before the end of this year and will significantly improve the immediate surrounding area. ACCOMMODATION: The building is arranged over 2 levels as follows: Ground Floor: Main area, entrance hall, WCs: Lower Level: Main area, store, kitchen, WCs: In all: NB: The lower floor internal height is 4.5 metres 3,148 sq ft (292.52 sqm) 3,434 sq ft (319.10 sqm) 6,584 sq ft (611.62 sqm) Ground floor internal height (to base of proposed residential units) approx 3 metres. are taken to ensure they are correct. neither a seller nor a landlord nor the company will, however be under any liability to any purchaser or tenant in respect of them (If a property is unoccupied, the company may not have all the information required by a prospective purchaser or tenant in its possession, may not be able to obtain it and may not be able to verify all the information which it does hold).

TENURE: Freehold subject to the existing lease. The building is currently leased to a private individual for a term expiring 31 st December 2018 at a rent of 33,500 per annum exclusive. The lease is excluded from the 1954 Landlord and Tenant act for the purposes of renewal and compensation and is an Internal Repairing and Insuring Basis. BID PROCESS: Offers are invited for the freehold interest of the building. Best and final offers are required by 5pm Friday 8 th July 2016. Your offers should be submitted in writing or by email for the attention of Mr Steven Harvey at Oakley commercial head office or steven@oakleyproperty.com Please include the following information: 1. Your offer for the freehold interest 2. Details of the purchaser 3. Confirmation of any conditions 4. Funding arrangements 5. Your solicitor details 6. Your timetable for exchange and completion CONTACT: Steven Harvey 01273 645772 steven@oakleyproperty.com Or Leigh Doherty 01273 627411 leigh@oakleyproperty.com Or Ben Pettett 01273 645773 ben@oakleyproperty.com Main switchboard: 01273 688882 BASIS OF OFFER: Whilst our client will consider offers made subject to planning permission, preference will be given to unconditional offers. VAT: No VAT BUSINESS RATES: The Rateable Value provided by the Valuation Office Agency (www.voa.gov.uk) is 27,750. The rates payable for the financial year (2016/2017) is 49.7p in the making the rates payable 13,791. are taken to ensure they are correct. neither a seller nor a landlord nor the company will, however be under any liability to any purchaser or tenant in respect of them (If a property is unoccupied, the company may not have all the information required by a prospective purchaser or tenant in its possession, may not be able to obtain it and may not be able to verify all the information which it does hold).

Commercial Head Office 23 & 24 Marlborough Place Brighton East Sussex BN1 1UB Tel 01273 688882 Fax 01273 627419 Commercial & Residential Estate Agents Relocation Consultancy Development Advice Valuation Landlord & Tenant Feasibility Studies Property Management Business Rates

are taken to ensure they are correct. neither a seller nor a landlord nor the company will, however be under any liability to any purchaser or tenant in respect of them (If a property is unoccupied, the company may not have all the information required by a prospective purchaser or tenant in its possession, may not be able to obtain it and may not be able to verify all the information which it does hold).

are taken to ensure they are correct. neither a seller nor a landlord nor the company will, however be under any liability to any purchaser or tenant in respect of them (If a property is unoccupied, the company may not have all the information required by a prospective purchaser or tenant in its possession, may not be able to obtain it and may not be able to verify all the information which it does hold).

Commercial Head Office 23 & 24 Marlborough Place Brighton East Sussex BN1 1UB Tel 01273 688882 Fax 01273 627419 Commercial & Residential Estate Agents Relocation Consultancy Development Advice Valuation Landlord & Tenant Feasibility Studies Property Management Business Rates are taken to ensure they are correct. neither a seller nor a landlord nor the company will, however be under any liability to any purchaser or tenant in respect of them (If a property is unoccupied, the company may not have all the information required by a prospective purchaser or tenant in its possession, may not be able to obtain it and may not be able to verify all the information which it does hold).