Lot 1 - 18 Wellington Road, Portslade, Brighton & Hove, BN41 1DN
- Unconditional Online Auction Sale
- Guide Price* : £155,000+
- Bedrooms: 0
Description
• Roadside prominent unit on A259
• Elevated views of harbour and sea to South
• Loading door via sunken kerb for access
• Available by way of Long Leasehold Interest (999 years)
A really interesting opportunity to purchase a commercial store in a popular location overlooking the harbour and sea. The building is afforded such a unique and elevate position as it is formed in the arches of the builders' merchants below.
The premises comprise of a brick built open plan storeroom with pitched and tiled roof, but may offer potential for other uses, subject to planning.
The property has single phase power and is accessed from the A259 (Wellington Road) public highway.
The property has the following approximate NIA:
Ground Floor: 1,608ft² (149.4m²)
EPC rating: B
Tenure
Long leasehold with vacant possession
Viewing
Flude Property Consultants 01273 727070
Planning
We understand that the premises benefit from Class E ‘Commercial Business and Service’ use within the Use Classes Order 2020. Interested parties should make their own planning enquiries and satisfy themselves in this regard.
Location
The property is located approximately 3 miles west of Brighton city centre and fronts the A259 (Wellington Road) at its junction with Station/Boundary Road which forms the boundary between Hove & Portslade.
Auctioneer's Note
The successful bidder will pay a buyer’s contract fee on exchange of contracts of:
£900 including VAT for purchases upto and including £100,000.
£1,500 including VAT for purchases of £101,000 to £300,000.
£2,100 including VAT for purchases of £301,000 and above.
This fee is only payable by the successful bidder.
Outgoings
Business Rates
Rateable Value (2023): £18,000
Vendors Solicitor
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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.
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