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The Square, Patcham, Brighton

Patcham
Brighton
For sale by auction

Guide price

£3,000,000
LOT SOLD

About this property

Property Summary

SOLD PRIOR TO AUCTION

Comprising of a unique terrace of 11, two storey Grade II Listed cottages full of charm and character as well as130/136 Old London Road, a most elegant, charming, characterful triple width building over two floors trading as The Elizabethan Tandoori Restaurant having been established many, many years ago and let under the terms of a FRI lease until July 26th 2036. Next review 27/6/2027.

Each cottage has 2 bedrooms except for number 10 which has one bedroom and are rented out on Assured Shorthold Tenancies

The Square in Patcham was built during circa 1800 and has been in the same family ownership since 1934, some 91 years ago and offers a quite wonderful and extremely rare opportunity to purchase this mixed residential and commercial portfolio of properties with a very strong and significant breakup value included. Further potential capital value and indeed rental value could be added by undertaking some updating, whilst to some of the cottages, the large communal gardens may be able to be divided up and fenced off thereby affording private and very good sized rear gardens to numbers 18 to 13 inclusive. All of the cottages enjoy their own front gardens.

Location wise, access to The Square is obtained directly from Old London Road, a highly sought after and immensely popular position of Patcham Village hosted by excellent local schools, shops, pubs, restaurants, and coffee shops to name but a few. There is a regular bus service providing access into the city centre of Brighton with stops along the way making visits to Preston Park with its tennis courts, wide open green spaces, and Rotunda Coffee Bar very easy indeed. The same can be said for Preston Park Mainline Railway Station offering direct commuter links to London. Being situated on Old London Road, access to the Brighton to London A23 is literally less than a minute away as is the A27 linking you with both East and West Sussex and indeed other parts of the country.

Property Features

Property Features

  • SOLD PRIOR TO AUCTION
  • 11 Period Cottages All Let on AST'S and Single Commercial Premises
  • Surrounding Gardens
  • Total Current Passing Rent Per Annum is 177,720
  • Significant And Meaningful Break Up Discount Included
  • Further Capital Uplift Available
  • Exceptional and Completely Unique Investment Opportunity
  • Soughtafter Patcham Village Location
  • Legal Pack And Full Marketing Brochure Are Available Upon Request
  • Viewing Is Very Strictly By Appointment Only
Register to bid

Auction date and time

24th June 2026

Auction location

The Hove Club
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

Let's Talk

Lot and auction information, viewings and advice

Simon Caplin, Head of Auctions

Simon Caplin

Tel:
01273 762039

Email:
simonc@psandb.co.uk

Lucy

Lucy Rowland

Tel:
01273 762039

Email:
lucyr@psandb.co.uk

Important notice – Pre-registration approaval to bid, guide prices, reserves, additional charges and other matters

Pre-registration approval to bid
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Following approval to bid, the buyer named in your registration cannot be changed without consent (for which a charge might be made).

Guide Prices

  1. A guide price (to include a range of prices), is not an indication of the anticipated eventual selling price or a valuation; it is an indication of the minimum price ( “the Reserve” ) at which (or range of prices within which) the seller might be prepared to sell. The eventual sale price can and frequently does, exceed the guide price.
  2. Where a range is given, the Reserve will sit within that range and will not exceed the top end of the range. Where a single figure Guide Price is given, the Reserve will be within 10%, upwards or downwards, of that figure.
  3. The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website and you should check the website regularly for updates and on the day of the auction.
  4. All guide prices are quoted “subject to contract”.
  5. Please note the guide price for the Lot does not include:
    – any Buyers’ Fee charged by the auctioneers;
    – VAT on the sale price;
    – SOLT or any other Government taxes;
    – additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers.
  6. If a guide price is listed as “TBA”, it means no guide price has been set at present. Please do not call our office about this – the guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates and on the day of the auction.

Reserve Prices
The reserve price is the minimum price at which the Lot can be sold.

For more information see Important Notes for Bidders

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