Situation and Description
This extensive residential property benefits from being freehold and offers an incoming buyer a variety of uses dependent on their own requirements and subject to the necessary consents. Located on a quiet street in the popular Kemptown area of Brighton and being around 5 minutes from the beachfront, this would make an excellent investment as either holiday lets/Airbnb/long-term lets with ASTs in place or possibly turned back into a residential single family dwelling.
There is an extensive selection of leisure, employment, shopping and dining options nearby with easy access to Brighton train station (Gatwick - 26 mins and London Victoria - 60 mins) and the A27/M23 motorway.
The building consists of:
3 x self-contained studios
1 x 2 bedroom maisonette spread over 2nd & 3rd floors
1 x 2 bedroom maisonette spread over ground & lower ground floor
There is permit on-street parking outside of the property.
The lot is to be sold by online auction on Wednesday 22nd June at 4:05pm (bidding opens on Tuesday 21st June at 12pm)
All interested parties who wish to bid, please contact My Auction on 0207 101 4868
Please note that a Buyer’s Premium of 1.2% inc.VAT of the purchase price is to be paid by the successful Buyer (subject to a minimum fee of £2,400 inc.VAT).
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.