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Lot 86 Freehold Building With Planning Permission For Re-developmentAuction Date:
13th December 2023
1A Adelaide Road, Chichester, West Sussex, PO19 7NG
This detached building is situated a short distance from the City Centre and was previously in use as a takeaway restaurant with residential flat over. Although in a poor state of repair at present, the building has Planning Consent for part conversion/part new build project which will see the retention of the ground floor commercial space and three, one-bedroom residential apartments which are considered an ideal addition to an income-producing letting portfolio.
Proposed Accommodation
Commercial - Ground Floor
Takeaway unit to front.
Residential
Garden Flat
Located to rear, comprising living room, kitchen, bedroom and bathroom with garden.
First Floor
Two one-bedroom flats. Both flats comprise living room/kitchen, bedroom and bathroom.
Outside
Enclosed garden for use of garden flat only, bin and cycle storage for communal use of the building.
Council Tax Band B
Planning
Planning Permission was granted by Chichester District Council under ref: CC/20/01151/FUL, dated 27th September 2023, for partial change of use of ground floor takeaway (A5) to one, one-bedroom flat (C3), erection of a two storey extension to the south side elevation and erection of a single storey rear extension. Conversion of first floor flat to two, one-bedroom flats and new shop front, subject to conditions. A copy of the Planning Consent and accompanying documents will be available to download from the Local Authority website: chichester.gov.uk. Tel: 01243 785166.
Auctioneer’s Note
There is Japanese Knotweed at the property and we have been advised a management plan is in place. Further details will be included in the legal pack available to download from the Clive Emson website.
Freehold with Vacant Possession
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
