For Sale By Auction | 14:30, 05 March 2020 | Lot 10

12 Station Road, Portslade, BN41 1GA

*Guide | £450,000 + (plus fees)

  • Maisonette
  • 3 Bedrooms

Call the team on 01273 201989 for more information

Auction Date

Thu 05/03/2020

Auction Time

14:30

Auction Venue

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

Freehold property comprising a shop, 3-bed maisonette and 3 parking spaces

A 4-storey terraced mixed use building arranged as a shop on the entire ground floor, unused basement rooms and 3 bedroom maisonette. In addition there is allocated parking for 3 cars.

situation

The building is in a busy location on the west side of the road close to Portslade railway station and occupiers such as Tesco, Iceland, and Boots.

accommodation

Ground Floor Shop let on a new 10 year lease at £13,400 to Elegant Nails Shop area used as a nail bar Room 1: 7'10 x 5'9 (2.39m x 1.76m) Room 2: 13'8 x 7'3 (4.16m x 2.21m) Room 3: 10'4 x 7'7 (3.14m x 2.31m) Kitchen: 4'4 x 7'8 (1.32m x 2.34m) Store room: 7'0 x 4'6 (2.13m x 1.36m) Shower room: 6'4 x 3'4 (1.94m x 1.01m) WC 3 parking spaces at rear and large forecourt EPC Rating C Basement (not let) South side: 21'7 x 10'10 (6.57m x 3.3m) North side: 20'9 x 7'4 (6.31m x 2.25m) Maisonette (to be sold with vacant possession) First floor Living room: 19'1 x 16'2 max (5.83m x 4.92 max) Kitchen: 14'5 x 10'11 max into bay (4.39m x 3.34m max into bay) Bedroom 1: 13'3 x 12'11 (4.04m x 3.93m) Bathroom and seperate WC Second floor Bedroom 2: 13'3 x 10'2 (4.04m x 3.1m) Bedroom 3: 19'1 x 13'1 max (5.81m x 3.98m max) EPC Rating E

development potential

There is the potential to convert the maisonette into a 4 bedroom flat and also convert the back of the shop into a one bedroom flat which would be accessed from the rear (STNC).

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)

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