Under Offer

TypeTraining & Welfare Investments · Mixed Portfolio Investments

BN41 St Peter's School Annexe, Wellington Road, Portslade

TenureFor sale

St Peter's School Annexe, Wellington Road, Portslade, BN411/8

Specification

Building size
Building size5,777sqft
Property type
Property typeTraining & Welfare Investments · Mixed Portfolio Investments
Tenure
TenureFor sale

Description

The premises comprise a large annexe to the now closed St Peter's Primary School constructed circa 2013, comprising gymnasium, classrooms and offices, kitchen and offices.

Ground Floor - entrance hall, WCs, stores, classrooms, gymnasium, kitchen and utility room - 395.4 sq m (4,256 sq ft).

First Floor - classrooms, staff room, head teacher's suite - 141.3 sq m (1,521 sq ft).

Outside - small pathways with larger front tarmacadamed playground area.

The freehold interest is for sale subject to the existing tenancy.

The property is subject to a single commercial lease to Brighton & Hove City Council for a term of 25 years from 13 July 2012 at a current passing rental set on 13 July 2022 at £42,487.03, and subject to further review by way of the application of the Retail Prices Index on 13 July 2027 and 2032.

Location

The property is located in a prominent position on the northern side of the A259 South Coast Road, known as Wellington Road in Portslade, close to one of the main entrances to Shoreham Port and just west of Brighton and Hove.

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