Freehold Former Army Cadet Site Of Circa 0.507 acre (0.205ha) Comprising Office Building, Porta Cabin, Derelict Industrial Unit Plus Yard Area

The site comprises an office building, porta cabin and industrial unit with yard area on a plot extending to approximately 0.507 acre (0.205ha). The office accommodation is configured over ground and first floors and comprises various rooms of differing sizes, previously utilised as offices, classrooms, changing rooms and breakout areas. The Auctioneers have not been able to inspect the industrial unit and access to the industrial unit is not available due to the poor condition. The office building requires refurbishment. Situation Situated on Cinque Ports Way and fronting the seafront, just off the A259 Bexhill Road, leading through St Leonards on Sea and into Hastings and surrounding areas. The site is surrounded by other industrial style buildings, terraced housing and further hard standing areas. NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO BUYERS PREMIUM OF £2,000 (PLUS VAT) AND ANY OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU REVIEW THE LEGAL PACK AND READ THE SPECIAL CONDITIONS THOROUGHLY Business Rates Rateable Value - £29,000 EPC Rating - C

Lot Type

Freehold Former Army Cadet Site Of Circa 0.507 acre

Accommodation

Office – Ground Floor 413.80 sqm / 4,454.10 sq ft Office – First Floor 388.40 sqm / 4,180.70 sq ft Porta Cabin - 15 sqm / 162.16 sq ft Industrial Unit – Unable to access Tenure Freehold

Important Information

The Auctioneers have been made aware of the following: There is no electricity supply to the site. Cinque Ports Way is an unadopted road. There is a title defect and there is no express right of access to the site, however, a Statement of Truth will be provided regarding access rights over Cinque Ports Way. An anti-turn clause will be implemented. Further information within legal pack. A waste water pipe from the adjoining pump house runs under the site between the office and industrial building and over to the former bathing site to the east. This permanent easement for the pipe indicates the area between the office and industrial building must not be built on (there is a lift and shift clause though in the easement). There are bulk storage facilities both above and below ground; the contents for these have been removed. The underground fuel storage area has been decommissioned and the tank filled; the oil storage within the building has been emptied, cleaned and isolated.

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 1% (inc VAT) of the sale price, subject to a minimum of £1,750 (inc VAT)

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