Global Student Accommodation UK is selling the site of the former Astoria Theatre in Brighton.
The site has full planning permission for a 70-flat scheme with ground floor commercial. GSA are looking for unconditional offers for the freehold interest in excess of £7.5m.
Vicky Gunn, development surveyor at Savills, said: “It’s a great location in the heart of this vibrant and exciting city. We are expecting interest to come from all quarters including the private rented sector, residential developers or student housing developers.”
Savills are acting for the vendor.
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