This property is no longer on the market
Office
Property description & features
- Tenure: Freehold
- For Sale by Online Auction
- Auction Date : 08 February 2023
- Lot Number : 89
- Freehold Commercial Investment
- Commercial Investment
- Freehold
- Current Rental : £49,100 Per Annum
- *Guide Price : £525,000 £550,000 + Fees
Let to a variety of tenants, two of which are on 10 years leases the property offers versatile accommodation with potential for reconfiguration in the future.
Eastbourne is located on the South coast between Brighton which is 23 miles to the West and Hastings 20 miles to the East. The property is in close proximity to a wide variety of local shops and amenities along with Eastbourne mainline railway station providing services along the coast and to London.
Gildredge Road is an established mixed commercial and residential area of the town and one of the main thoroughfares. The property is considered ideal for continued investment.
Ground Floor
6A Gildredge Road
Entrance, reception area, open plan office with partitioned internal meeting room, kitchen/storage area, rear office with access, separate male and female W.C’s.
Tenancy
Let for the term of 10 years from 31st May 2022 at a current rental of £18,000 per annum.
6 Gildredge Road
Ground and Part First Floor
Entrance into office/reception area, staircase leading to:
First Floor
Office with door to communal W.C’s.
Tenancy
Let for the term of 10 Years from 25th December 2019 at a current rental of £9,500 per annum.
6 & 6A Gildredge Road
First Floor and Second Floor Suites 1,2,3 & 4
Each room is open plan with communal W.C’s on the second floor landing. We are advised that the landlord is responsible for utility bills and cleaning for the upper floors.
Tenancy
Suite 1 is let for the term of 1 year from 1st October 2022 at a current rental of £5,400 per annum. Suite 2 is let for the term of 1 year from 1st April 2022 at a current rental of £5,400 per annum. Suite 3 is let for the term of 1 year from 1st September 2022 at a current rental of £5,400 per annum. Suite 4 is let for the term of 1 year from 1st July 2022 at a current rental of £5,400 per annum.
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
Places of interest
Clive Emson Land & Property Auctioneers - Maidstone
Rocky Hill, London Road Maidstone, Kent ME16 8PY
See more properties like this:
*DISCLAIMER
Property reference 47869-34540. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Clive Emson Land & Property Auctioneers - Maidstone.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.