For Sale By Auction | 2.30pm, 19 September 2024 | Lot 22

2 Roundhill Road, Brighton, East Sussex, BN2 3RF

*Guide | £400,000 (plus fees)

  • Mixed Use
  • 3 Bedrooms

Call the team on 01273 201989 for more information

Auction Date

Thu 19/09/2024

Auction Time

2.30pm

Auction Venue

Live Stream

Freehold Mixed Investment Vacant Ground Floor Commercial Office With First And Second Floor Maisonette Let on AST

Freehold period building situated just off Ditchling Road. This end of terrace 3 storey building comprises of a vacant commercial office on the ground and first floor rear, with kitchenette and shower room. Over the first and second floor is a self contained 3 bedroom maisonette. Situation Roundhill Road is situated in the Roundhill Conservation Area, just over half a mile from London Road, offering a variety of cafes, shops, retail, restaurants, bars and entertainment facilities. The North Laines and Brighton Mainline Railway Station are just under a mile away (London Victoria 62 minutes). Location Pin (What3Words): kings.drives.meant https://w3w.co/kings.drives.meant NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY Rateable Value - £14,750 Council Tax 2a (Top Floor) - B

Lot Type

Freehold Part Possession

Accommodation

2a (Top Floor) - 62 sq.m. Offices and Workshop - 118 sq.m. Tenure - Freehold Tenancies Office - vacant, currently marketed at £1,416 pcm / £16,992 pa. First & second floor maisonette - We have been informed by the owner the property is let on an Assured Shorthold Agreement at £1,560pcm. Tenant has given notice. At the time of going to print we have not had sight of the AST but this will be uploaded to the legal pack shortly. We have been advised that a new AST has been agreed at £1,885 pcm and this is due to be signed shortly, Please refer to Legal pack where a copy will be uploaded when and if this tenancy is effected. Total potential income fully let - £39,612 pa Interested parties to satisfy themselves with their own research. EPC Rating - 2a (Top Floor) - C Offices & Workshop - C

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.