46-48 Kings Rd | Brighton BN1 1NA
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- LoopNet Team
46-48 Kings Rd
Brighton BN1 1NA
The Grapevine Seafront · Hospitality Property For Sale
·
5,756 SF
INVESTMENT HIGHLIGHTS
- Student block investment opportunity comprising 124 bedrooms across 22 flats
- Development potential to convert into multiple dwellings (STP)
- The property is let on 51 and 39 week licences and used for summer bookings
- Approx. floor area of 43,713 sq ft GIA
- Potential to modernise the accommodation and improve occupancy rates
- In a prime location with a commanding frontage onto King’s Road
- Gross rental receipts of £830,028 in 23-24 academic year
- Significant capital investment in the property of £850,000 since 01 January 2024
- Approx. site area of approximately 0.15 acres
- Subject to existing tenancies with vacant possession available from the 07.09.25
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 5,756 SF |
| Property Subtype | Hostel | No. Stories | 4 |
| Building Class | C | Year Built | 1990 |
| Lot Size | 1.38 AC | Corridor | Interior |
| Construction Status | Converted |
| Property Type | Hospitality |
| Property Subtype | Hostel |
| Building Class | C |
| Lot Size | 1.38 AC |
| Construction Status | Converted |
| Building Size | 5,756 SF |
| No. Stories | 4 |
| Year Built | 1990 |
| Corridor | Interior |
AMENITIES
- Public Access Wifi
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