Lot 80 Block Of Three Flats With Ground Floor Commercial UnitAuction Date:
20th September 2023
7 Sackville Road, Bexhill-on-Sea, East Sussex, TN39 3JB
Currently let at £31,310 per annum
This mid-terrace block is situated in Bexhill town centre and comprises of two two-bedroom flats, one one-bedroom flat and a ground floor commercial unit, currently operating as a book store. The property is let providing a good income and is conveniently located in one of Bexhill's main thoroughfares offering easy access to Bexhill sea front, De La Warr Pavilion and Bexhill mainline railway station.
Two flats are accessed via a rear communal staircase, Flat 1 has a private entrance at the front of the building and the commercial unit has a private entrance from the road. The property is fully let and ideal for immediate investment.
Ground Floor Shop
Retail area, rear storeroom and W.C.
Tenancy
Let under the terms of a Tenancy from 5th May 2022 (holding over) at a current rental of £7,250 per annum.
First Floor
Flat 1
Private entrance from the road with stairs leading to the first floor landing, hallway with storage cupboard, living room, kitchen, two-bedrooms and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement (holding over) at a current rental of £775 per calendar month from November 2023.
Second Floor
Flat 2
Rear staircase leading to the front door, entrance hall with storage cupboard, living room, kitchen, two-bedrooms and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy from 24th September 2023, at a current rental of £750 per calendar month.
Third Floor
Flat 3
Rear staircase leading to the front door, entrance hall with storage cupboard, living room, kitchen, bedroom and bathroom/W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £505 per calendar month.
Each Flat Council Tax Band A
There is an addendum available to be read
in conjunction with the legal documentation.
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
