Lot 125

DETACHED BUNGALOW WITH POTENTIAL

Silver Springs, Beaufort Road, St Leonards-on-Sea, East Sussex, TN37 6PP
Sold Prior

Currently let at £36,000 per annum

Situated in Silver Hill, this detached former bungalow is occupied by Silver Springs Medical Practice providing GP services for the surrounding area. Offered for sale with the tenant in situ and providing an immediate income, vacant possession will be given once the tenants new premises have been completed. Once vacant, the site offers huge potential for re-development to provide multiple residential units, subject to all necessary consents being obtainable.

The site had previous planning approval under the reference HS/OA/07/01032 and dated 29th February 2008 for the construction of nine self-contained apartments.

In addition to the main building the site is also offered for sale with the adjacent parking area which could benefit any development or may itself be suitable for future development. Silver Hill is located north of St Leonards town centre and northwest of Hastings town centre both offering a wide variety of local shops, amenities and mainline railway station.

Accommodation

Entrance with disabled W.C. and store cupboard, reception area with seating and reception desk, inner hallway with seven consultation rooms, kitchen/staff room, Male W.C, Female W.C, three interconnecting offices and office/reception.

Outside

Parking to the front with surrounding established boarders. Further parking in adjacent site.

Tenancy

Let to Silver Springs Medical Practice at a current rental of £36,000 per annum. Further details are available from the Auctioneer's Office. Tel: 01273 504232.

Local Planning Authority

Hastings Borough Council. Website: hastings.gov.uk. Tel: 01424 451090.

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/