A terrace property located in the heart of St Leonards within easy reach of further shops and amenities. The property is arranged as a ground floor commercial unit let to a child and parent 'play and stay' facility, two-bedroom flat and four-bedroom maisonette. All units will be sold with tenants in situ.
Commercial Ground Floor Play floor area, caf facilities and W.C.
Tenancy Let under the terms of a five-year commercial lease from November 2023 at a current rental of 13,500 per annum.
EPC Rating B (45). Total Floor Area 98 sq.m.
Residential Ground Floor Communal hallway.
Flat 1 First Floor Living room and open plan kitchen, two bedrooms, bathroom and separate W.C.
Outside Flat roof outside space.
Tenancy Let under the terms of an initial six month Assured Shorthold Tenancy Agreement from 15th June 2024 at a current rental of 1,000 per calendar month.
EPC Rating E
Council Tax Band A
Flat 2 - Maisonette Second Floor Hallway/landing.
Third Floor Open plan living room and kitchen, reception room, bedroom and bathroom with W.C.
Top Floor Two bedrooms.
Tenancy Let under the terms of a six month Assured Shorthold Tenancy Agreement from 15th June 2024 at a current rental of 1,100 per calendar month.
EPC Rating D
Council Tax Band A
Residential EPC: D
Commercial EPC: B
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 the 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 www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
*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 www.cliveemson.co.uk/buyers-fees/
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