51-53 Kings Road, Brighton, BN1 1NA

Please click here for the legal pack 51-53 Kings Road is a 8 storey end of terrace building comprising a basement car park (approx. 10 spaces) and accommodation over ground and 7 upper floors. There are 124 bedrooms of varying sizes with associated communal space (kitchens, bathrooms and communal space) split across 22 flats. Access to the property is gained via front and rear entrances on Kings Road and South Street. 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 2024 year at an 85% occupancy level. The property is let on a mix of 51 week and 39 week licences and is also used for summer bookings. The site offers asset management potential to increase the current rent. 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.