Auction House London

Lot 83

Flat - Flats / Apartments 

Basement Flat 25C Sussex Square

Brighton, East Sussex, BN2 5AB

Unsold, please refer to Auctioneer

A Well Located Vacant Lower Ground and Ground Floor Three Bedroom Maisonette

By Order of the LPA Receivers. 30th June Completion Available at Buyer's Request

Description

The property comprises a substantial lower ground and ground floor three bedroom maisonette (measuring 1,895 sq ft) situated within a sought after Grade I Listed building arranged over lower ground and four upper floors. The property is in a poor state of repair and requires a full program of refurbishment.

Tenure

Leasehold. The property is held on a lease expiring on 24th July 2161 (thus approximately 140 years unexpired).

Location

The property is situated on a prestigious square within the highly desirable Kemptown Conservation Area close to local shops and amenities. The seafront and Brighton Marina is just 0.3 miles away. Transport links are provided by Brighton rail station.

Accommodation

Lower Ground & Ground Floor
Two Reception Rooms
Three Bedrooms
Two Bathrooms
Cellar

GIA 176 sq m (1,895 sq ft)

Exterior

The property benefits from two private rear courtyard gardens as well as a private terrace.

Note

We understand that the work undertaken to date have been carried out without listed building consent.

Addendum

Please note that this property is subject to a Buyers Premium of £900 inc VAT. This is in addition to the buyer's admin fee of £1,200 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.

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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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about Basement Flat 25C Sussex Square, Brighton, East Sussex, BN2 5AB

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