Lot 23 - Mixed Use Part Premises For Investment
19 Upper Hamilton Road, Brighton, BN1 5DF
Guide Price: *
£270,000
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:
£377,000Bid history
94 bidsAThis is an automatic bid as the bidder has set a maximum bid for this lot
12/06/2024 10:51:58 - £377,000
S
12/06/2024 10:51:58 - £376,000
AThis is an automatic bid as the bidder has set a maximum bid for this lot
12/06/2024 10:47:45 - £375,000
See all 94 bids ▾
Currently let at £8,000 per annum -
Estimated rental £23,000 per annum
A rare opportunity to acquire this mid-terrace bay-fronted period property arranged as a ground floor shop and a self-contained one-bedroom flat above.
The shop is trading as Port Hall Stores and is let on a 10-year lease. The one-bedroom flat occupies the whole of the first floor and is in need of some repair but is offered with contemporary fixtures and fittings and is vacant.
The property is situated in the established residential Port Hall area of Brighton, between Dyke Road and Stanford Road and is a popular commercial thoroughfare with pubs, cafes and schools in the immediate vicinity. Brighton city centre is easily accessible with excellent road links to all surrounding areas
via the nearby A27 and A23.
Commercial
Ground Floor
Front retail unit, rear store, separate W.C.
Outside
Attractive south-facing patio garden.
Tenancy
Let on a 10-year internal repairing and insuring lease from 24th October 2022 with five yearly rent reviews at a passing rent of £8,000 per annum.
Residential
Ground Floor
Entrance hall with stairs to:
First Floor
Half landing, kitchen, bathroom/W.C., landing, access to roof space, living room, double bedroom.
Tenancy
Currently vacant.
Council Tax Band A
Freehold with Part Vacant Possession
Summary
- Lot number
- 23
- Auction end
- 12th Jun at 10:56
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 1
- Bathrooms
- 1
- Council tax band
- Ask Agent
Summary
- Lot number
- 23
- Auction end
- 12th Jun at 10:56
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 1
- Bathrooms
- 1
- 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.
