Lot 70 Freehold Town Centre Property Comprising Commercial Investment And Two Vacant FlatsAuction Date:
22nd March 2023
1066 Bakery, 22 Devonshire Road, Bexhill-on-Sea, East Sussex, TN40 1AS
On instructions of the Trustees
Currently part let at £20,000 per annum
A mid-terrace property located along one of Bexhill's main shopping throughfares in close distance to the seafront, De La Warr Pavilion and Bexhill railway station.
The ground floor commercial unit is let to a commercial tenant while the two flats above the commercial unit are currently vacant.
1066 Bakery
Ground Floor
Café with seating area.
Lower Ground Floor
Cold room, stock room, W.C.
Outside
Seating area with an outside store.
Tenancy
Let on a 15-year lease from 26th June 2019 at a current rental of £20,000 per annum.
22A Devonshire Road
First Floor
Kitchen, W.C., bedroom with en-suite shower, living room.
Council Tax Band A
22B Devonshire Road - First Floor
Entrance.
Second Floor
Kitchen, shower with W.C., living room and bedroom.
Council Tax Band A
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 Buyers Fees
