Lot 22
    14 Seaside Road
    Eastbourne, East Sussex, BN21 3PA
    Sold for £207,000.
     
    Number 1
    A Residential & Commercial Investment Producing £16,600 per annum

    Tenure

    Freehold

    Location

    Seaside Road is an established parade in the coastal town of Eastbourne. Transport links are provided by Eastbourne rail station.

    Note

    We understand that Cats Protection Trustee Limited have been in occupation since 2004.

    Description (2nd Column)

    The property comprises a basement & ground floor shop with a four bedroom first and second floor maisonette above situated within an end of terrace building over basement, ground and two upper floors.

    Planning (2nd Column)

    Eastbourne Borough Council granted the following (now lapsed) planning permission on 25th November 2008 (ref: EB/2008/0672(FP)) "Conversion of existing maisonette to two two-bedroom self contained flats".

    Viewing Details

    Please refer 0207 625 9007

    Addendum

    The maisonette provides three bedrooms not four as stated in the catalogue.

    Accommodation & Tenancy Schedule

    Property Floor Accommodation Tenancy Details Current Annual Rent
    Shop Basement
    Ground
    Storage
    Retail Area
    Let to Cats Protection Trustee Limited on a renewed 12 month licence from September 2014 £8,500
    Flat First
    Second
    Reception Room, Kitchen
    Three Bedrooms, Bathroom with WC and wash basin
    Let on a 6 month AST from 13th June 2014 at a rent of £675 pcm £8,100
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    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.

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