Lot 95 - Mixed Commercial And Residential Investment
30 Fernside Avenue, East Sussex, TN38 0UU
Guide Price: *
£205,000
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:
£205,000Bid history
1 bidD
16/09/2024 16:05:39 - £205,000
Currently let at £17,300 per annum
A freehold mid-terrace property located in a parade of commercial units in a predominantly residential area of St Leonards. The property is currently arranged as a commercial unit on the ground floor which is occupied as a pizza takeaway and a residential unit which occupies the upper parts - both of which are currently let.
Commercial Unit
Ground Floor
Serving area, kitchen, store room and W.C.
Tenancy
Let on a 10-year lease expiring 2034 at a current rental of £9,500 per annum.
Residential
Ground Floor
Conservatory, kitchen, living room.
First Floor
Three bedrooms and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at £7,800 per annum.
Council Tax Band B
Auctioneer's Note
At the time of publication the Auctioneers have been unable to internally inspect the property. These details have been provided by the seller and interested applicants should rely on their own investigations to verify the information provided.
Joint Auctioneer
Dyer & Hobbis Ltd, 43a Havelock Road, HASTINGS, East Sussex, TN34 1BE, 01424 423626
Summary
- Lot number
- 95
- Auction end
- 16th Sep at 16:10
- Property type
- Other
- Tenure
- Ask Agent
- Bedrooms
- 3
- Bathrooms
- 1
- Council tax band
- Ask Agent
Summary
- Lot number
- 95
- Auction end
- 16th Sep at 16:10
- Property type
- Other
- Tenure
- Ask Agent
- Bedrooms
- 3
- 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.
