Sold Prior | Lot 4

47 Pier Road, Littlehampton, BN17 5LW

Sold Prior

  • Mixed Use
  • 2 Bedrooms

Call the team on 01273 201989 for more information

Auction Date

Thu 23/05/2019

Auction Time

14:30

Auction Venue

The Hove Club, 28 Fourth Avenue, Hove, BN3 2PJ

Freehold shop with 2-bedroom flat above

The property is arranged over two storeys and comprises a ground floor retail unit fronting Pier Road with a self-contained 2 bedroom flat on the first floor which is accessed from the rear. There will be a right of way granted for access to the flat over the rear of the site. tenancy details A new lease of the ground floor only has been agreed at a rent of £12,000 per annum. At the time of going to print, the lease was in draft form however please ask for further details on the term and mutual rolling break option provisions. The first floor is being sold with vacant possession. VAT We understand the property is elected for VAT. It is proposed that the sale will be by way of TOGC.

situation

The property is situated on Pier Road overlooking the River Arun, close to where it joins the English Channel, opposite Littlehampton Golf Club and Arun Yacht Club. The town centre, Oyster Pond, Harbour Park Amusements and Harvester are all within walking distance.

accommodation

Ground floor shop 524sqft (48.7sqm) Self contained two bedroom flat comprising Living Room Kitchen Bathroom Bedroom 1 Bedroom 2

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 0.3% (0.25% plus VAT) of the sale price, subject to a minimum of £660 (£550 plus VAT)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.