Lot 38 Mixed Use Property For ImprovementAuction Date:
12th June 2024
57-59 Susans Road, Eastbourne, East Sussex, BN21 3TG
Currently let at £130 per annum - Plus vacant shop and flat
This mixed commercial and residential property is on the one-way system of Susans Road which leads around the town centre near the Beacon and regular passing trade.
The property is a short distance from Eastbourne Beacon Shopping Centre with its local shopping facilities and amenities with more comprehensive facilities available nearby. There are excellent road links to Brighton and London via the nearby A27.
57 Susans Road
(Ministry of Fones)
Ground Floor
Tenure
Sold on a 999-year lease, from 24th June 2006, at a current ground rental of £100 per annum.
Flat 57A Susans Rd
First Floor
Communal entrance for both flats, hallway, kitchen/living room, bedroom and bathroom with W.C.
Tenure
Remainder of a 99-year lease from 25th December 1987.
Tenancy
Currently vacant.
Flat 57B Susans Rd
Tenure
Sold on a 99-year lease from 25th December 1987 at a current ground rental of £30 per annum.
59 Susans Road
(The Pipe Shop)
Ground Floor
Shop floor, W.C. and back room.
Tenancy
Currently vacant.
Freehold with Part 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
