Lot 87

FLAT WITH SEA VIEW

110 Marine Court, St Leonards-on-Sea, East Sussex, TN38 0DY
Sold £56,000

Currently let at £6,840 per annum

A fantastic opportunity to acquire a one bedroom flat with direct sea views, situated within this iconic Art Deco building. Built in 1937, Marine Court was originally intended as an apartment hotel and is now used as a mix of residential and commercial accommodation.

St Leonards town centre, local shops, amenities and Warrior Square mainline railway station are within easy reach. The flat is currently let and considered ideal for continued investment.

Second Floor

Accessed via Entrance C the flat comprises entrance hall, living room, kitchen, bedroom and bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £570 per calendar month.

Tenure

Held on a 999 year lease expiring 20th October 2982 at a peppercorn ground rent plus a share of the freehold.

Leasehold plus share of Freehold

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/