PELHAM TERRACE, BRIGHTON
Brighton is located on the south coast of England, within the county of Sussex with a resident population of 273,400 (2011 Census). Brighton has two higher education institutions; the University of Brighton and the University of Sussex with a combined student population of over 28,000.
The site is located adjacent to the University of Brighton and good transport links, with prominent road front in a high rise corridor.
Planning was granted, subject to conditions, by Brighton & Hove City Council on Wednesday 13 December 2017, for a 189 studio scheme, plus five separate apartments. Designed with a dedicated student lounge, workspace and a roof terrace, plus a community hub on the ground floor with meeting rooms, co-working space and a cafe.
The site was sold by Knight Frank’s student property team in August 2018, on behalf of CKC Properties Limited, for £11,350,000. The site was purchased by a U.K. based owner operator, represented by Barbers Property.
GROSS EXTERNAL AREA
88,000 sq ft
GDV
£40.0M