For Sale By Auction | 08:45, 17 April 2024 | Lot 68

52 Devonshire Road, Bexhill-on-Sea, East Sussex, TN40 1AX

Sold £118,000

  • Retail Property (high street)
  • Tenure: Leasehold. The property will be sold on a new 999 year lease from completion.

Call the team on 020 7625 9007 for more information

Auction Date

Wed 17/04/2024

Auction Time

08:45

Auction Venue

Live Stream

A Ground Floor Retail Unit Let Producing £15,000 Per Annum

The property comprises a ground floor retail unit situated within a mid terrace building arranged over ground and three upper floors.

Tenure

Leasehold. The property will be sold on a new 999 year lease from completion.

Location

The property is situated on a commercial road close to local shops and amenities. Nearby multiples include Card Factory, Savers and Iceland. The open spaces of Bexhill Beach are within easy reach. Transport links are provided by Bexhill rail station.

Accommodation

Ground Floor Shop Area

Tenancy

The property is subject to a lease for a term of 5 years commencing 16th November 2023 at a rent of £15,000 per annum.

The property has not been inspected by Auction House London. All information has been supplied by the vendor.

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.