Lot 102

FREEHOLD INVESTMENT WITH PLANNING FOR CONVERSION OF GROUND FLOOR

7 Furness Road, Eastbourne, East Sussex, BN21 4EX
7 Furness Road, Eastbourne, East Sussex, BN21 4EX
Sold £118,000

An excellent opportunity to acquire this freehold block comprising a vacant ground floor dentist practice, with planning for residential conversion, together with the ground rent income for the first floor flat which is sold on a long lease.

The flat is situated in a predominantly residential area close to Eastbourne town centre offering a good variety of local shops, amenities the Eastbourne mainline railway station. The Planning Consent is for conversion into a one bedroom flat which, once completed, will be ideal for owner occupation, investment or possible re-sale.

Planning

Planning Permission has been granted by Eastbourne Borough Council under Ref: PC/200538 dated 25th September 2020 for change of use from dental practice to residential dwelling. A copy of the planning consent and proposed plans will be available to download from the Clive Emson website or via Eastbourne Borough Council's website, lewis-eastbourne.gov.uk.

Existing Accommodation

Front garden with path leading to private entrance. Reception area, treatment room, clean room, x-ray room, kitchen and W.C.

Proposed Accommodation

Front garden with pathway leading to private entrance. Living room with open-plan kitchen, bedroom and bathroom with W.C.

First Floor Flat

Tenure

Sold on the remainder of a 155 year lease from 29 September 1987 at a current ground rental of £220 per annum.

Freehold with Part Vacant Possession

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/