Lot 23

MIXED USE BLOCK IN CENTRAL LOCATION

31 Sackville Road, Bexhill-on-Sea, East Sussex, TN39 3JD
31 Sackville Road, Bexhill-on-Sea, East Sussex, TN39 3JD
Sold £316,000

Currently let at £8,000 per annum

Estimated rental £30,000 per annum

A fabulous opportunity to acquire this mixed use property situated in the heart of Bexhill town centre. In the same ownership for many years, the property is currently arranged as ground floor commercial unit and rear office/studio space offering potential for conversion into a self contained studio flat with private entrance and garden, subject to all necessary consents being obtainable.

On the first floor is a former studio/storage space that has been granted planning permission for change of use into a self-contained flat. Much of the work has been carried out, although we understand that the building work will still need to be signed off and approved by the Local Authority. Once completed, it will provide a well proportioned two bedroom flat.

On the second floor is a further two bedroom flat previously let at £605 per calendar month.

Sackville Road is one of the main shopping roads within the town and is conveniently located with easy access to local shops, seafront and the De La Warr Pavilion. Bexhill mainline railway station is also located nearby.

Planning

Planning permission has been granted by Rother District Council under ref: RR/2020/1705/P dated 26th November 2020 for the change of use of first floor studio/storage associated with ground floor shop to self contained flat, subject to conditions.

A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website or the Local Planning Authority website.

Local Planning Authority

Rother District Council. Tel: 01424 787000. Website: rother.gov.uk.

Ground Floor Front Unit

Open plan sales area, kitchen and W.C.

Tenancy

Let to Sweet Tooth Bexhill for the term of five years from 2nd November 2020 at a current rental of £8,000 per annum.

Ground Floor Rear Unit

Side entrance into garden. Open plan office and W.C.

First Floor

Entrance hall, kitchen/dining room, living room, two bedrooms and shower room with W.C.

Second Floor

Entrance Hall

Kitchen/breakfast room, living room, two bedrooms and shower room with W.C.

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/