Lot 27
    Mixed Use
    113 London Road
    Bexhill-on-Sea, East Sussex, TN39 3LB
    Unsold, the last bid was £60,500. Please refer to Auctioneer for Reserve
     
    Number 1
    A Mid Terrace Mixed Use Building Comprising a Vacant Ground Floor Retail Premises and Two Self Contained Flats Above. The Flats have both been Sold Off. Includes a Large Site to the Rear Offering Potential for Redevelopment (subject to obtaining all relevant consent).

    Tenure

    Freehold

    Location

    The property occupies a primary position on the London Road close to Bexhil-on-Sea town centre and the Sussex Hotel. Nearby multiples include Premier Express and numerous established traders. Transport links are provided by Bexhill rail station.
    Exterior
    The property benefits from a vacant parcel of land to the rear

    VAT

    VAT is not applicable

    Overflow

    measuring approximately 4,000 sq ft (371 sq m). Offering Potential for Development (subject to obtaining all relevant consents).
    We understand from the vendor that adjoining parcels of land at the rear of neighbouring properties have been developed into storage, warehousing, office and car parking.

    Viewing Details

    Monday 13th February 10:00 - 10:30
    Thursday 16th February 11:00 - 11:30
    Monday 20th February 10:00 - 10:30

    Accommodation & Tenancy Schedule

    Property Floor Accommodation Tenancy Details Current Annual Rent
    Shop Ground Retail Area Measuring Approximately 330 sq ft (30 sq m) Vacant -
    Flat 113A First Flat Sold off on a 99 year lease from 29th September 2004 £75
    Flat 113B Second Flat Sold off on a 99 year lease from 15th August 2003 £50
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    Additional Fees and Disclaimer

    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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