Lot 81 - Block Of Three Flats With A Ground Floor Commercial Property
9 Sackville Road, East Sussex, TN39 3JB
Guide Price: *
£335,000
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:
£393,000Bid history
48 bidsTThis is an automatic bid as the bidder has set a maximum bid for this lot
20/09/2023 13:24:51 - £393,000
Y
20/09/2023 13:20:18 - £392,000
TThis is an automatic bid as the bidder has set a maximum bid for this lot
20/09/2023 13:15:35 - £391,000
See all 48 bids ▾
Currently let at £24,000 per annum
Estimated rental £34,200 per annum
A town centre block comprising two, two-bedroom flats, a one-bedroom flat and a commercial unit operating as a music shop. Flat 2 is vacant and has recently undergone some refurbishment.
The property is let providing a good income and is located in one of Bexhill's main thoroughfares offering easy access to Bexhill seafront, De La Warr Pavilion and Bexhill railway station. All flats are accessed via a rear communal staircase and the commercial unit has a private entrance from the road. Considered ideal for immediate investment.
Ground Floor
Shop
Retail area, rear store room, and W.C.
Tenancy
Let on Tenancy at Will from 6th February 2019 at a current rental of £7,800 per annum.
Lock-Up Store
Tenancy
Let on a Licence from 16th May 2023 at £32.50 per calendar month.
First Floor
Flat 1
Hallway with storage cupboard, living room, kitchen, two bedrooms and bathroom/W.C.
Tenancy
Let on an Assured Shorthold Tenancy (holding over) at a current rental of £650 per calendar month.
Second Floor
Flat 2 (Vacant)
Entrance hall with storage cupboard, living room, kitchen, two-bedrooms and bathroom with W.C.
Third Floor
Flat 3
Entrance hall with storage cupboard, living room, kitchen, bedroom and bathroom/W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £700 per calendar month.
Each Flat Council Tax Band A
Freehold with Part Vacant Possession
Joint Auctioneer
Dyer & Hobbis Ltd, 43a Havelock Road, HASTINGS, East Sussex, TN34 1BE, 01424 423626
Summary
- Lot number
- 81
- Auction end
- 20th Sep at 13:29
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 5+
- Bathrooms
- 3+
- Council tax band
- Ask Agent
Summary
- Lot number
- 81
- Auction end
- 20th Sep at 13:29
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 5+
- Bathrooms
- 3+
- 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.
