The ArgusBrighton and Hove City Council to reshuffle in £10 million deal (From The Argus)

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Council offices set to go on the market

The Argus: King's House will be put on the market King's House will be put on the market

King's House will be put on the market in a matter of months.

The city council’s seafront offices will be put up for sale at the start of the autumn after a national agent was chosen for a sale expected to top £10 million.

The sale is part of a major reshuffle at Brighton and Hove City Council with staff set to move to Hove Town Hall.

Plans for £9.8 million of improvements to the town hall in Norton Road, Hove, to take the extra staff were submitted this week.

The work would see extra space created on three floors over the entrance creating a ground floor café and extra office space.

A 500 square metre extension of the second floor will also help to take staff set to move from the seafront offices.

The original Hove Town Hall was destroyed by fire in 1966 and rebuilt to its current design by 1974 with extensions adding a registrar’s office, a Citizen’s Advice Bureau and a 1991 tourist centre.

Cushman and Wakefield of London will be national agent for the sale.

Estate agent Phil Graves, of Graves Jenkins, expects King’s House to be converted for “high-end” residential properties on the front of the building with affordable housing at the back.

He added: “It’s interesting because converting from commercial to residential, which would probably be at least a 30 per cent uplift in value, flies in the face of council policy so it will be Brighton and Hove’s planning department deciding future use and value for Brighton and Hove City Council.

“I am also frustrated that the council have not chosen a local agent to handle the sale.

“There are plenty of good quality property firms who would be more than capable.”

Comments (13)

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2:43pm Thu 3 Jul 14

homewood says...

Why are the council not giving the sale to an agent in our city. Seems a shame the sizeable commission for dealing with the sale will not be spent locally.
Why are the council not giving the sale to an agent in our city. Seems a shame the sizeable commission for dealing with the sale will not be spent locally. homewood
  • Score: 12

2:48pm Thu 3 Jul 14

PETE OF QUEENS PARK says...

I thought perhaps Kit kat was retiring on the proceeds.
I thought perhaps Kit kat was retiring on the proceeds. PETE OF QUEENS PARK
  • Score: 3

3:00pm Thu 3 Jul 14

wexler53 says...

King's House = £10 million, refurb town hall £9.8 million.

So, given the change to residential, King's House undervalued, and knowing the Council's efficiency, the refurb already over priced and will probably run over time and over budget.

Add in the i360, and a glorious financial legacy from the green zealots...

Wonderful.
King's House = £10 million, refurb town hall £9.8 million. So, given the change to residential, King's House undervalued, and knowing the Council's efficiency, the refurb already over priced and will probably run over time and over budget. Add in the i360, and a glorious financial legacy from the green zealots... Wonderful. wexler53
  • Score: 14

3:34pm Thu 3 Jul 14

rolivan says...

So basically they are selling The Jewel in the Crown to fund the refurbishment at Hove Town Hall that will not increase its Value and who would want to buy it anyway . By the time it is all wrapped up The Council will have a block of Concrete that nobody likes and a Developer will be pocketing Millions . Surely the Council should be borrowing money to Develop Kings House and provide funds for more Social Housing, If they can get the funds for the i 360 why not this I know which is the safer investment and it isn't a Glorified lift .This Deal needs some serious investigative research.
So basically they are selling The Jewel in the Crown to fund the refurbishment at Hove Town Hall that will not increase its Value and who would want to buy it anyway . By the time it is all wrapped up The Council will have a block of Concrete that nobody likes and a Developer will be pocketing Millions . Surely the Council should be borrowing money to Develop Kings House and provide funds for more Social Housing, If they can get the funds for the i 360 why not this I know which is the safer investment and it isn't a Glorified lift .This Deal needs some serious investigative research. rolivan
  • Score: 9

3:45pm Thu 3 Jul 14

clarkebrighton says...

Utter Rubbish this Building is worth a Great Deal more than 10 million £
its Massive and on a Prime Beach Facing Site.

Its Got to be worth Millions More than this !!!! I Smell a RAT here.
Utter Rubbish this Building is worth a Great Deal more than 10 million £ its Massive and on a Prime Beach Facing Site. Its Got to be worth Millions More than this !!!! I Smell a RAT here. clarkebrighton
  • Score: 12

4:17pm Thu 3 Jul 14

Can this be says...

Would it not be sensible to leave this until after the local elections next year? £10 million does not sound a lot for this prime site and a fresh look by a new administration would make sense.
Would it not be sensible to leave this until after the local elections next year? £10 million does not sound a lot for this prime site and a fresh look by a new administration would make sense. Can this be
  • Score: 10

8:15pm Thu 3 Jul 14

stevo!! says...

homewood wrote:
Why are the council not giving the sale to an agent in our city. Seems a shame the sizeable commission for dealing with the sale will not be spent locally.
London is a bigger market.
[quote][p][bold]homewood[/bold] wrote: Why are the council not giving the sale to an agent in our city. Seems a shame the sizeable commission for dealing with the sale will not be spent locally.[/p][/quote]London is a bigger market. stevo!!
  • Score: 2

8:21pm Thu 3 Jul 14

tisbury says...

The whole building should be 'affordable" not just the unudesirable parts without views.
shameful
it's affrodable / solcial housing that's needed in this city, not more exploitation.
The whole building should be 'affordable" not just the unudesirable parts without views. shameful it's affrodable / solcial housing that's needed in this city, not more exploitation. tisbury
  • Score: 0

11:29pm Thu 3 Jul 14

bug eye says...

The site would be worth a lot more if sold with guaranteed planning for private luxury flats only, the council could then produce much more social housing in another part of Brighton, as well as enlarging yet sadly not improving the ugly hove town hall.
The site would be worth a lot more if sold with guaranteed planning for private luxury flats only, the council could then produce much more social housing in another part of Brighton, as well as enlarging yet sadly not improving the ugly hove town hall. bug eye
  • Score: 2

6:03am Fri 4 Jul 14

Rockwater says...

The planning department can't give consent under permitted development rights for residential as it is a listed building.
I therefore presume it will have to be fully marketed for a minimum of one year to prove it is not economically viable as employment space.
Why don't they knock down the car park in Norton Road and build new council offices on that. It would be far cheaper and then they could sell off the ageing Hove Town Hall for redevelopment.
The planning department can't give consent under permitted development rights for residential as it is a listed building. I therefore presume it will have to be fully marketed for a minimum of one year to prove it is not economically viable as employment space. Why don't they knock down the car park in Norton Road and build new council offices on that. It would be far cheaper and then they could sell off the ageing Hove Town Hall for redevelopment. Rockwater
  • Score: 5

11:48pm Fri 4 Jul 14

KarenT says...

tisbury wrote:
The whole building should be 'affordable" not just the unudesirable parts without views.
shameful
it's affrodable / solcial housing that's needed in this city, not more exploitation.
Social housing opposite the seafront in one of the most desirable locations in B&H? Why? What about the huge amount of money that could be generated from the sale of this property for private housing, thus creating a considerable amount of money to create even MORE social housing units elsewhere?
[quote][p][bold]tisbury[/bold] wrote: The whole building should be 'affordable" not just the unudesirable parts without views. shameful it's affrodable / solcial housing that's needed in this city, not more exploitation.[/p][/quote]Social housing opposite the seafront in one of the most desirable locations in B&H? Why? What about the huge amount of money that could be generated from the sale of this property for private housing, thus creating a considerable amount of money to create even MORE social housing units elsewhere? KarenT
  • Score: 2

11:50pm Fri 4 Jul 14

KarenT says...

I would like a nice social housing unit there, 2-bed penthouse apartment with sea views. Seems fair to me. :-/
I would like a nice social housing unit there, 2-bed penthouse apartment with sea views. Seems fair to me. :-/ KarenT
  • Score: 1

8:14pm Sun 6 Jul 14

saveHOVE says...

Please note the article is a bit off the mark.

King's House has to be marketed for commercial use for a year before it can be sold for conversion to housing. Only if there are no takers to buy i for office use will anyone be able to change its use class (back to) residential.

It was built as terraced housing, had a spell as a hotel but has been in continuous use as offices for many decades.
Please note the article is a bit off the mark. King's House has to be marketed for commercial use for a year before it can be sold for conversion to housing. Only if there are no takers to buy i for office use will anyone be able to change its use class (back to) residential. It was built as terraced housing, had a spell as a hotel but has been in continuous use as offices for many decades. saveHOVE
  • Score: 0

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