A rare opportunity will present itself at Austin Gray’s next auction on the 30th March when an entire detached freehold property in Grand Avenue will be offered for sale at a guide price of £2.5M.

The fine red brick building was designed by A F Faulkner in the Surrey vernacular style and built by the renowned builder William Willett. It is assumed that it was built in around 1880 as we know that in 1882 it was used as the first premises for The Hove Club before they moved to their purpose-built premises in Fourth Avenue and in 1891 some of the rooms were used as free public reading rooms and reference library.

This splendid building requires modernisation and refurbishment, but when restored could be used as a residential investment, or as a home with income. Alternatively, the flats could be sold off individually, or with the required consents, it could be converted into a house, hotel or nursing home.

This is not the only historic and prestigious building in the auction, as the freehold of number 12 Brunswick Square is also included.

This Grade I listed property has a bow fronted façade with ionic column ornament to the first floor and is divided into six flats, two of which are sold off on long leases. Guided at £1.75M - £1.85M.

Amongst the other lots in the auction are a couple of houses for complete refurbishment, one of which is located close to Seven Dials in Brighton, and the other is in a central part of Worthing.

The auction starts at 2.30pm at Clarendon Villas Church, 21-23 Clarendon Villas, Hove, BN3 3RE.

For further details of the auction contact Austin Gray on 01273 201980.

www.austingray.co.uk