International property consultants and chartered surveyors, Cluttons has been instructed by Brighton & Hove City Council to market the former youth hostel at Patcham Place, London Road, Brighton, East Sussex.
Following its vacation by the Youth Hostel Association, a lengthy evaluation of all alternative options was carried out by the Council and the property was subsequently deemed unsuitable for occupation by any of the Council’s services due to the age, configuration and costs of refurbishment and future maintenance of this Listed building. Cabinet approval has now been given to market this surplus asset to achieve a capital receipt for the Council.
Patcham Place occupies a prominent position on the edge of the city, close to the junction of the A23 and the A27. The available property will comprise the 745 sq.m gross Grade II* Listed mansion and the adjacent 181 sq.m gross Grade II Listed stables, set in a site of some 0.69 hectares. Offers are invited for the sale of a new 125 year lease at a peppercorn rent.
Chris Broome, associate, Cluttons, explains “Patcham Place is a large prestigious building fronting the A23, at the gateway to the city of Brighton & Hove. From our extensive experience of marketing similar properties across the South East, we anticipate that it will generate considerable interest from a wide range of different types of users. However, this historic property will require planning and listed building consents and a sensitive conversion for any alternative use, whilst respecting and enhancing the site and its surroundings.”
