Interested parties should contact Knight Frank Auctions for further information.

Description
Terraced
Freehold
2 Flats Refurbished in 2021
Granted planning permission for an additional 2 dwellings (over raised- ground floor and lower-ground floor)
1 Tenant in Situ, Rent £850.00 pcm (£10,200 pa)

Ground Floor & Basement:
Commercial Space -Vacant
Planning permission granted for 2 x 1 bedroom dwellings

1st Floor:
2 Bedroom Flat - Vacant

2nd Floor:
2 Bedroom Maisonette - Tenanted Rent £850 pcm (£10,200 pa)

Development opportunity of 2 residential units. Planning permission for the change of use from Shop and Office (Use Class E) to 2 no. residential dwellings (Use Class C3) with associated external alterations has been granted for the Ground & Lower Ground Floors ( 2 x 1 bedroom flat) was granted by Hastings Borough Council under planning reference HS/FA/21/00982 and HS/CD/22/00452.
For further information please visit the planning portal via the following link:

If you would like to view this property please contact [use Contact Agent Button]

Accommodation
Planning:
Development opportunity of 2 residential units. Planning permission for the change of use from Shop and Office (Use Class E) to 2 no. residential dwellings (Use Class C3) with associated external alterations has been granted for the Ground & Lower Ground Floors ( 2 x 1 bedroom flat) was granted by Hastings Borough Council under planning reference HS/FA/21/00982 and HS/CD/22/00452.

Location
The property is located in the heart of Hastings in close proximity to the Town Centre and short walk from the seafront and promenade. Hastings Railway Station is also around the corner providing good connections to London. Residents benefit from a range of amenities, entertainment, relaxation and sports facilities.

Groceries are available at local stores including Tesco Express, Sainsburys, Morrisons and Marks and Spencer's in the Town Centre. Residents can enjoy the beach around the corner as well as open green spaces including Warrior Square Gardens, Cornwallis Gardens, and Alexandra Park. The city also offers Sports facilities including Football and Basketball Court, Skatepark and a Fitness Centre/Gym within 20 minutes. Hastings Town Centre offers a range of high street shops, a cinema, restaurants, bars and cafes.

The region is also well served with nurseries and local schools including St Mary Star of the Sea Catholic Primary School (0.5 miles), St Paul's Church of England Academy (0.7 miles), Ark Castledown Primary Academy (0.8 miles), Torfield School (0.8 miles).

Occupancy
Vacant

Tenure
Freehold

Buyers Fee
The buyers fee is £1500 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of Timed Auction and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.