125 Church Road

Ref: Lot 12

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Town & Country Property Auctions London
Town & Country Property Auctions London

Unconditional Lot


UNCONDITIONAL LOT Exchange and administration fee information: (plus fees) Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details). In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.

Description

The commercial unit is approximately 3,831 sqft split over 4 floors.

The building is positioned in a prime location on Church Road, it is also a 10 minute walk from the sea front. Formally a bank the building offers a variety of potential uses subject to the relevant planning permissions and building regs.

One potential option would be to split the building into two separate building, giving two commercial units for the ground floor and two residential units above. This would be subject to the relevant planning permissions and building regs.

Please contact the office for further information.

Please make your own enquiries to the exact size and dimensions of the property. Any floorplans or measurements provided are to be used as a guide and may not be completely accurate.

EPC

D

Tenure

Freehold

For sale by online auction on 28 September 2023
Bidding opens at 10:00am and closes at 12:00noon
3,831 sqft over 4 Floors
Former bank - Investment opportunity!
Commercial unit
Variety of potential uses STP
Prime location in Hove


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

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