No longer on the market
This property is no longer on the market
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Map4 bedroom terraced house
Auction
Terraced house
4 beds
Key information
Features and description
- For Sale by Online Auction
- Auction Date : 24 March 2021
- Lot Number : 3
- Block Comprising Three Flats And Restaurant With Planning For Further Two Flats
- Mixed Commercial/Residential
- Freehold
- Current Rental : £20,700 Per Annum
- *Guide Price : £380,000 - £400,000 Fees
Video tours
A freehold four storey mid-terrace property located within easy reach of the seafront and town centre with its array of shops, bars, restaurants and mainline railway station.
The building is arranged as a former restaurant on the ground floor with basement below and three self-contained flats occupying the first and second floors, each let at a current rental of £20,700 per annum.
Planning
Planning Permission has been granted by Eastbourne Borough Council, under reference: 200771, dated 20th October 2020 for change of use from Class E (commercial business and service) to C3 (dwelling house) to form one studio flat and one two bedroom flat at ground floor level to include single storey rear extension and changes to shop front. Proposed removal of rear bay window at first floor level and installation of a Juliet balcony and use of a flat roof as terrace for the first floor level, subject to conditions.
A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website or the Local Planning Authority website.
Local Planning Authority
Eastbourne Borough Council. Website:eastbourne.gov.uk. [use Contact Agent Button]
Proposed Accommodation
Ground Floor
Unit 1
Own entrance at ground floor level. Hallway, open plan kitchen/bedroom/living room, bathroom with W.C.
Unit 2
Open plan kitchen/living room/dining room, two bedrooms, bathroom with W.C. and access to existing garden at rear.
Current Accommodation
Ground Floor
Vacant Restaurant (previously let at£10,200 per annum)
Main bar area leading on to galley kitchen and further seating room, two W.C.s
Lower Ground Floor
Basement.
First Floor
Flat 1
Hallway, bathroom with W.C., living room, bedroom and kitchen.
Tenancy
Let on an Assured Shorthold Tenancy at a current rent of £500 per calendar month.
Flat 2
Hallway, bedroom, bathroom with W.C., open plan kitchen/living room and further bedroom.
Tenancy
Let on an Assured Shorthold Tenancy at a current rent of £700 per calendar month.
Second Floor
Flat 3
Entrance on first floor with stairs to second floor. Landing, kitchen, bathroom with W.C, living room and bedroom.
Tenancy
Let on an Assured Shorthold Tenancy at a current rent of £525 per calendar month.
Residential EPC: D
Commercial EPC: D
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.
Please note, following the Governments advice, lots are now being offered via our online platform. To register for our online auction please go to our online auction page . For further information please go to cliveemson.co.uk or call us on[use Contact Agent Button].
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 , or contact us on[use Contact Agent Button], 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
The building is arranged as a former restaurant on the ground floor with basement below and three self-contained flats occupying the first and second floors, each let at a current rental of £20,700 per annum.
Planning
Planning Permission has been granted by Eastbourne Borough Council, under reference: 200771, dated 20th October 2020 for change of use from Class E (commercial business and service) to C3 (dwelling house) to form one studio flat and one two bedroom flat at ground floor level to include single storey rear extension and changes to shop front. Proposed removal of rear bay window at first floor level and installation of a Juliet balcony and use of a flat roof as terrace for the first floor level, subject to conditions.
A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website or the Local Planning Authority website.
Local Planning Authority
Eastbourne Borough Council. Website:eastbourne.gov.uk. [use Contact Agent Button]
Proposed Accommodation
Ground Floor
Unit 1
Own entrance at ground floor level. Hallway, open plan kitchen/bedroom/living room, bathroom with W.C.
Unit 2
Open plan kitchen/living room/dining room, two bedrooms, bathroom with W.C. and access to existing garden at rear.
Current Accommodation
Ground Floor
Vacant Restaurant (previously let at£10,200 per annum)
Main bar area leading on to galley kitchen and further seating room, two W.C.s
Lower Ground Floor
Basement.
First Floor
Flat 1
Hallway, bathroom with W.C., living room, bedroom and kitchen.
Tenancy
Let on an Assured Shorthold Tenancy at a current rent of £500 per calendar month.
Flat 2
Hallway, bedroom, bathroom with W.C., open plan kitchen/living room and further bedroom.
Tenancy
Let on an Assured Shorthold Tenancy at a current rent of £700 per calendar month.
Second Floor
Flat 3
Entrance on first floor with stairs to second floor. Landing, kitchen, bathroom with W.C, living room and bedroom.
Tenancy
Let on an Assured Shorthold Tenancy at a current rent of £525 per calendar month.
Residential EPC: D
Commercial EPC: D
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.
Please note, following the Governments advice, lots are now being offered via our online platform. To register for our online auction please go to our online auction page . For further information please go to cliveemson.co.uk or call us on[use Contact Agent Button].
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 , or contact us on[use Contact Agent Button], 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
About this agent
Clive Emson Land & Property Auctioneers - Maidstone
Rocky Hill, London Road
Maidstone, Kent
ME16 8PY
01622 279788Clive Emson Auctioneers was founded in 1989 to supply a high profile auctioneering facility to corporate and independent estate agents, private clients and statutory bodies. Our success is due to, and remains, attributable to a firm commitment to quality and service distinguished by both our Investors in People and ISO accreditations. The concept of the Company is to provide a specialist land and property auctioneering service and, therefore, does not compete with the traditional estate agency, mortgage broking, insurance or any other aspect of the property world. All properties upon which we are instructed are offered for sale in the auction catalogue. The 20-25,000 full colour catalogues produced for each of our auctions are available either by post or through a network of over 850 estate agency outlets throughout Southern England. Our marketing is supported by more estate agency offices than any other auctioneers practice. In addition lot details, catalogue downloads, viewings and legal documentation are available through this website.