Lot 57 Shop For Investment And Six Well Presented FlatsAuction Date:
18th September 2024
12-13 York Buildings, Hastings, East Sussex, TN34 1NN
Currently let at £28,000 per annum, plus vacant flats
A freehold block located within the heart of Hastings town centre, amongst various local and national retailers and within easy reach of the railway station, the seafront, various schools and further amenities. The property is arranged as a shop occupying the ground floor and lower ground floor with six newly converted self-contained flats.
Commercial Shop
Ground Floor
Open plan retail area.
Basement
Storage area and staff facilities.
Tenancy
Let on a 10-year commercial lease from 6th June 2019 at an annual rent of £28,000 per annum.
Auctioneer’s Note 1
The accommodation for the commercial element has been provided by the Seller. and interested applicants should rely on their own investigations to verify the information provided.
Residential
Ground Floor
Communal entrance.
First Floor
Flat 1
Entrance hall, living room, kitchen, bedroom, store cupboard and bathroom with W.C.
Flat 2
Entrance hall, open plan kitchen and living room, bathroom with W.C., bedroom with dressing room.
Second Floor
Flat 3
Entrance hall, living room, kitchen, bedroom, bathroom with W.C.
Flat 4
Entrance hall, bedroom, bathroom with W.C., living room and kitchen.
Third Floor
Flat 5
Entrance hall, bedroom, bathroom with W.C., living room and kitchen.
Flat 6
Entrance hall, kitchen, living room, bathroom with W.C., bedroom.
Each Flat Council Tax Band A
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
