Lot 102: FREEHOLD INVESTMENT WITH PLANNING FOR CONVERSION OF GROUND FLOOR

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

Commercial EPC: D