Lot 66

TWELVE LOCK-UP GARAGES

Garages, Maxfield Close, Eastbourne, East Sussex, BN20 8PQ
Garages, Maxfield Close, Eastbourne, East Sussex, BN20 8PQ
Sold £160,000

Currently let at £8,992.36 per annum

Twelve lock-up garages of brick construction each with a flat roof and up-and-over door, situated at the end of a cul-de-sac, accessed between numbers 10 and 8. They are arranged as two adjoining blocks opposite each other, comprising one block of five garages and one block of seven. Garage 2 is vacant and the other garages are let at a total of £172.93 per week. There is potential to significantly increase the annual income. They would suit owner occupation or investment.

Maxwell Close is situated in Eastbourne Old Town, just off Victoria Drive between Central Avenue and Beachy Avenue. There are comprehensive local shopping facilities and amenities in the immediate vicinity, with excellent road links to all surrounding areas via the nearby A27 and A259.

Auctioneer’s Note

We have not been able to internally inspect the garages and interested applicants are advised to rely on their own investigations to verify the information provided.

Viewing

On site during daylight hours.

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/