Could this be our most unique Commercial Property for Sale to date?
March 6th, 2018
Brighton & Hove’ s unique British Engineerium is for sale, offering a rare opportunity to purchase one of the City’s most intriguing heritage assets and expand its potential.
The extremely rare and unique opportunity to purchase a piece of Britain’s industrial history is now open to investors and occupiers. Oakley Property has been selected by the current owners as the exclusive agents to bring the British Engineerium buildings and site to the market. The Freehold of the estate is now for sale, with expressions of interest to be submitted before Friday 8th June, unless the building is sold prior.
A world of opportunity for a compassionate new owner
Our quest is to find a compassionate new owner, with commercial occupation and use ideas that can build on the recent massive financial investment that's been made by the current owners. The investments recently made have brought the site back into first-class condition and have extended the facilities to offer a wide range of commercial and leisure opportunities.
The iconic 2.5 Acre estate is based in the Droveway, Hove and adjoins Hove Park the Greyhound Stadium, Waitrose and City Park, the city’s largest business park. The Engineerium will be familiar to locals as a landmark building on their route to school or work. Many will have visited the magnificent and awe-inspiring Victorian engineering and steam power museum in the past or know a little about its history. It was first erected in 1886 and has been sympathetically restored and extended by the British Engineerium Trust over the last 10 years.
A site ideal for Leisure use, a unique Headquarters, Themed attraction, Media Centre, of perhaps Medical or Educational Institute
The buildings on sale offer a total area of 33,625 sq.ft and this includes several new buildings, extensions to the original gothic brick buildings, and accommodation in the engineer’s house. An imposing “Militarium” exhibition hall over 2 floors has been lavishly refurbished to allow the display of the fully working steam engines; and a high specification Gate House with ticket hall, shop and café have been created. Future plans for the site prior to the decision to sell included the idea to add a ‘Dr Volks’ train ride exploring the mystery of electricity, a restaurant and a 5D cinema. All of these buildings add to the potential of the site as a whole, to be used for a range of heritage, leisure or business use ideas.
Until recently, the current owner had been developing the estate to accommodate the day-to-day running of a family-focused, themed visitor attraction to tell the story of the “World of Engineering”. For a new owner, the estate lends itself to a variety of potential uses due to its enviable location. Chris Oakley at Oakley Property explains more:
“The Engineerium is a major historic heritage site that we are very humbled to be involved with. It would be wonderful if a new investor could continue with the plans of the existing owner; completing the themed attraction in full, particularly as the site is very close to many primary and secondary schools. The steam engines and other parts of the original buildings are Grade II Listed and must remain, however, the site does also lend itself well to other uses such as an inspiring media centre, or a unique multi concession leisure and dining experience.”
“For example, you could imagine a Tech company seizing upon the synergies between the industrial revolution and the technological revolution, and using the site as an iconic HQ location... or maybe see patronage by a Celebrity Chef to create a really unique Leisure and Dining experience on the South Coast, bearing in mind we are the closest city to London.”
“As well as leisure uses it could also have Educational, Medical Institute, Business Park or Media Campus uses. The site has a unique setting with views across Hove Park and beyond, which combined with the extraordinary ambience of the buildings and the site's central cooling pool ‘lake’ water feature, provides a truly inspiring and relaxing work or leisure environment. I am intrigued to see what ideas come forward from the market for this truly iconic site, and we're proposing to run a Live Steam Viewing Day for interested parties so that they will be able to view the Engineerium with the steam engines working at full throttle”
We consider that the buildings all have significant potential, subject to planning, for a wide range of mixed D1 institutional, D2 Leisure and B1 business uses.
Expressions of interest can be made in writing to Chris Oakley, Oakley Property, 23 & 24 Marlborough Place, Brighton, BN1 1UB and a general information brochure can be requested from the dedicated website britishengineerium.co.uk. The website is full of fantastic photographs of the key areas of the site for anyone interested in the history of the buildings.