Lot 159 - Freehold Land With Burger Van Investment
Land Adj. Ridge West Industrial Estate, East Sussex, TN37 7PZ
Guide Price: *
£25,000
Fees apply
Buyer's fee:Check legal pack
All fees include VAT at 20%
Holding Deposit: *£5,000
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£36,000Bid history
19 bidsP
24/07/2024 14:52:00 - £36,000
SThis is an automatic bid as the bidder has set a maximum bid for this lot
24/07/2024 14:51:08 - £35,000
P
24/07/2024 14:51:08 - £35,000
See all 19 bids ▾
Currently let at £2,124 per annum
A freehold parcel of land located within the Ridge West Industrial Estate, just off the Ridge West on the outskirts of St. Leonards-on-Sea. Part of the land is currently let by a burger van.
Tenancy
Partially let under the terms of a 3 year lease from 1st April 2024 until 31st March 2027 at a current rental of £2,124 per annum.
Site Measurements
The site extends to 0.26 hectares (0.64 acres).
Viewing
Interested applicants may view directly site during daylight hours.
Directions
The land can be located via the What3Words app using ///healers.study.tolls
Summary
- Lot number
- 159
- Auction end
- 24th Jul at 14:57
- Property type
- Commercial
- Tenure
- Ask Agent
- Bedrooms
- 0
- Bathrooms
- 0
- Council tax band
- Ask Agent
Summary
- Lot number
- 159
- Auction end
- 24th Jul at 14:57
- Property type
- Commercial
- Tenure
- Ask Agent
- Bedrooms
- 0
- Bathrooms
- 0
- Council tax band
- Ask Agent
This property is being sold by:
Clive Emson - Sussex & Surrey
01273 504232
83 Bates Road, Brighton, East Sussex, BN1 6PF
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Clive Emson Auctioneers shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Clive Emson Auctioneers. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
