Lot 33 Freehold Block Of Seven Garages With PotentialAuction Date:
1st May 2025
Garages Just Off Hailsham Road, Polegate, East Sussex, BN26 6NT
Currently let at £7,008 per annum
Key Features
An unbroken block of seven garages with five tenanted and two vacant, producing just over £7,000 per annum. They are of brick construction with barn-style doors and flat roofs, situated on this private road just off the Hailsham Road (B2247). Polegate town centre, with its railway station and comprehensive shopping facilities, is within easy access with the A27 and A22 providing excellent road links to all surrounding areas.
Tenancy
Garage 1
Let on an informal licence at a rental of £108 per calendar month from September 2020.
Garage 2
Vacant.
Garage 3
Let on an informal licence at a rental of £130 per calendar month from April 2024.
Garage 4
Let on an informal licence at a rental of £130 per calendar month from July 2024.
Garage 5
Let on an informal licence at a rental of £108 per calendar month from October 2021.
Garage 6
Vacant.
Garage 7
Let on an informal licence at a rental of £108 per calendar month from August 2024.
Local Planning Authority
Eastbourne Borough Council. Tel: 01323 415210. eastbourne.gov.uk.
Viewing
External only.
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
