Withdrawn prior to auction

A 6 storey, mixed use seafront building comprising commercial ground / lower ground floor with 2 x 1 bedroom and 1 x 2 bedroom flats above (2 let, 1 vacant). Development potential.

Description/Location

This grand Victorian building is situated at the junction of Robertson Street and Carlisle Parade, the upper floors have stunning sea views. Prior to auction the seller will submit a planning application to create a new split level maisonette (75 sqm) utilising part of the ground and lower ground floors while retaining a commercial unit at the front (15.6 sqm). The upper flats are habitable but cosmetic refurbishment will add value. Prime location between the town centre and pier within a few steps of the beach, the regenerated Gotham Alley public space is to the rear.

Tenure

Freehold

Local Authority

East Sussex County Council 0345 608 0190

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Main entrance hallway with stairs to upper parts and access to commercial elements. Large trade area, wc, store, workshop and access to the regenerated Gotham Alley open space. Lower Ground Floor: 2 large store rooms, access to Gotham Alley. First Floor: Flat 1 - entrance hall, sitting room, kitchen, bedroom, bathroom. 376 sq ft, EPC: D. Vacant. Second Floor: Flat 2 - entrance hall, sitting room, kitchen, bedroom, bathroom. 376 sq ft, EPC: C. Let on an AST from 16/03/2015 (periodic) at £500 pm. Third & Fourth Floor: Flat 3 - entrance hall with stairs to fourth floor, sitting room, kitchen and bathroom, two double bedrooms above. Let on an AST from 23/03/2018 (periodic) at £650 pm. Outside: Rear garden.

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. 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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