Lot 73 Mixed Commercial And Residential Unit For InvestmentAuction Date:
1st November 2024
80 & 80A High Street, Shoreham-by-Sea, West Sussex, BN43 5DB
A two-storey building located at the western end of Shoreham High Street close to its junction with Brighton Road and Old Shoreham Road. The property is arranged as a ground floor commercial unit, (used as a scan clinic), with a one-bedroom flat located on the first floor with its own entrance. The flat has a gas heating system via radiators and double-glazed windows throughout both the commercial and residential units.
There are comprehensive shopping facilities and amenities within close proximity including various pubs, restaurants and the Rope tackle Centre with Shoreham mainline station a few hundred yards to the north.
Commercial
80 High Street
Reception area, clinic room, kitchenette/staff room, storage room and W.C.
Tenancy
Let on a Tenancy under the Landlord & Tenant Act 1954 with the remainder of a 7-year lease, expiring 29th September 2026. The tenant is currently paying £10,800 per annum.
Residential
80A High Street
Kitchen, living room, bedroom and bathroom with W.C.
Tenancy
Currently vacant.
Council Tax Band B
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
