Lot 72 Freehold Mixed Use PropertyAuction Date:
20th March 2025
2 Bank Buildings, High Street, Horam, Heathfield, East Sussex, TN21 0EH
Currently let at £12,000 per annum
Key Features
An end-terrace property located in the heart of Horam within easy reach of further shops and amenities. The property is arranged as a ground floor commercial unit let to a convenience store, one-bedroom flat and four-bedroom maisonette. Both residential units are to be offered with vacant possession.
Commercial
Ground Floor
Shop, store room and further store room with kitchenette.
Lower Ground Floor
W.C. with wash hand basin.
Tenancy
Let under the terms of a 10-year commercial lease from 2020 at a current rental of £12,000 per annum.
EPC Rating
D (80). Floor area 308 sq.m.
Auctioneer's Note
At the time of publication the Auctioneers have been unable to internally inspect the retail area and interested applicants should rely on their own investigations to verify the information provided.
Residential
Ground Floor
Communal hallway.
Lower Ground Floor - Flat 2
Living room, kitchen, bedroom and bathroom with W.C.
EPC Rating C
Council Tax Band A
Maisonette
Ground Floor
Entrance hall.
First Floor
Living room, dining room, kitchen, bedroom and bathroom with W.C.
Second Floor
Two bedrooms.
Outside
Garden to rear.
EPC Rating E
Council Tax Band D
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 Buyers Fees
