Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of Joint LPA Receivers
Property Information
Location
Miles
12 miles east of Worthing, 21 miles west of Eastbourne, 54 miles south of Central London
Roads
A23, A270, A27, M23 (Jct 11)
Rail
Brighton Railway Station (55 mins to London Victoria)
Air
London Gatwick Airport
Situation
The property is situated in a prominent corner location on the southern side of the Western Road, at its junction with Norfolk Square and approximately 300
metres north of Brighton beach. Nearby occupiers include Waitrose, Fox & Sons and Leaders Estate Agents.
Tenure
Freehold.
Location
Miles
12 miles east of Worthing, 21 miles west of Eastbourne, 54 miles south of Central London
Roads
A23, A270, A27, M23 (Jct 11)
Rail
Brighton Railway Station (55 mins to London Victoria)
Air
London Gatwick Airport
Situation
The property is situated in a prominent corner location on the southern side of the Western Road, at its junction with Norfolk Square and approximately 300
metres north of Brighton beach. Nearby occupiers include Waitrose, Fox & Sons and Leaders Estate Agents.
Tenure
Freehold.
Description
The property comprises three ground floor retail units. 109 Western Road benefits from additional ancillary accommodation on the first and second floors whilst No. 109a and No. 110 benefit from basement accommodation. The first, second and third floors above No. 110 provide three recently developed self- contained one bedroom residential flats.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Viewings
There will be block viewings for this property.
Interested parties must register their details with the Auctioneers and provide
identification on site. Please contact Henry Wilkinson. Telephone: +44 (0)20 7034 4861.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises three ground floor retail units. 109 Western Road benefits from additional ancillary accommodation on the first and second floors whilst No. 109a and No. 110 benefit from basement accommodation. The first, second and third floors above No. 110 provide three recently developed self- contained one bedroom residential flats.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Viewings
There will be block viewings for this property.
Interested parties must register their details with the Auctioneers and provide
identification on site. Please contact Henry Wilkinson. Telephone: +44 (0)20 7034 4861.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x.
Reviews
109
Ground First Second
Retail/Ancillary Ancillary Ancillary
22.60 sq m 37.10 sq m 50.70 sq m
(243 sq ft) (399 sq ft) (546 sq ft)
INDIVIDUALS (t/a Brighton Internet Laptop & Phone Centre)
Approximately 7 years from 25/10/2012 until 24/09/2019
£35,000
25/10/2017
110
Ground Basement
Retail/Ancillary Ancillary
71.00 sq m 35.80 sq m
(764 sq ft) (385 sq ft)
110
First
Residential
1 Bedroom
VACANT POSSESSION
110
Second
Residential
1 Bedroom
VACANT POSSESSION
110
Third
Residential
1 Bedroom
VACANT POSSESSION
Totals
239.30 sq m
(2,575 sq ft)
£53,071
1) For the year ending 30th September 2014, Arun Estate Agencies Limited reported a turnover of £69,655,000, pre-tax profits of £18,548,000 and a total net worth of £36,701,000. (Source: www.riskdisk.com 30/01/2015)
