Council to auction off two £1 million office buildings

Substantial neighbouring Eastbourne town centre office buildings worth around £2 million and a house needing repair are coming up for auction next month. (wed 13 dec)

They are among 149 lots in the latest auction being held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers, which ends on Wednesday 13 December.

All offered under instructions from Eastbourne Borough Council, the three properties could generate north £2.17 million if all are sold.

At 6-8 Saffrons Road, Eastbourne, are two impressive red-brick Edwardian properties arranged as self-contained semi-detached buildings, over three floors with rear extensions.

Freehold guided £950,000 to £1 million with vacant possession, the property occupies a prominent corner location on the junction of Old Orchard Road in the sought-after Meads District of Eastbourne.

Senior Auction Appraiser and Auctioneer Richard Payne said: “Each building has been well maintained, has a gas heating system via radiators and retain many original features including period staircase (number 8 Saffrons), feature fireplaces and windows.

“They are considered suitable for a variety of uses including residential conversion, subject to all necessary consents being obtainable.”

6 Saffrons Road comprises 10 offices and ancillary rooms while 8 Saffrons Road includes 12 offices and many other rooms.

Outside is a driveway from Saffrons Road and Old Orchard Road with parking for several vehicles. Lawned areas to the front and sides with mature trees and shrub borders. Watch the video: https://www.cliveemson.co.uk/properties/246/55/

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The neighbouring property 2-4 Saffrons Road, comprises two inter-connecting bay-fronted Edwardian properties with gardens to the front and substantial parking area to the rear.

It also has a freehold guide price of £950,000 to £1 million with vacant possession.

Richard added: “This is a rarely available opportunity to acquire substantial buildings arranged over three floors which retain many original features, including fireplaces, sash windows and coving throughout.

“The rooms are well appointed and were formerly used as offices by the local authority but would now suit a variety of uses, including residential conversion, subject to all necessary consents being obtainable.

The building, accessed from east and west entrances have a period staircase and an impressive entrance hallway to the upper floors. There are also stairs at either end down to three basement store rooms on either side of the property. There are two WCs, nine offices and eight small store rooms.

Outside there are gardens to the front with mature trees and shrub borders with lawned area and a shared driveway leading to a substantial rear parking area, with further development potential, subject to all necessary consents being obtainable. Watch the video: https://www.cliveemson.co.uk/properties/246/61/

Both properties are situated in the heart of Eastbourne town centre close to comprehensive local shopping facilities and amenities including the mainline station and the seafront.

Eastbourne is situated between Brighton and Hastings and there are excellent road links to all surrounding areas via the nearby A259 and A27.

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Also being offered under instructions from Eastbourne Borough Council is a house in need of refurbishment and repair.

Two-bedroom 35 Brightland Road is listed with a freehold guide price of £165,000 to £170,000 and vacant possession.

Richard added: “This mid-terrace, late Victorian property is arranged over two floors and needs refurbishment and repair. It has a gas heating system via radiators, double glazed windows and a rear patio garden.”

The property is situated in Eastbourne Old Town on the north side of the road, just off the A259.

There are comprehensive local shopping facilities and amenities in the immediate vicinity with excellent road links to Brighton, Hastings and all surrounding areas via the nearby main roads. Watch the video: https://www.cliveemson.co.uk/properties/246/109/

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Council to auction off £1 million garages

Eastbourne Borough Council is looking to raise more than £1 million by auctioning off almost 100 garages on seven sites across the town.

They are among 149 lots in the latest auction being held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.

The 99 garages are listed as seven lots of varying sizes with freehold guide prices ranging from £75,000 to £230,000 at the firm’s auction which ends on Wednesday 13 December.

Some are vacant and others are let and being offered as an investment chance. The combined upper freehold guide price for the lots is £1.135 million.

The lots include:

l 22 lock-up garages in a compound, Hawkhurst Close, in the Lagney area of Eastbourne, arranged as blocks of 12 and 10. Currently let at £27,809.60 per annum with seven vacant, and potential to significantly increase the income. Freehold guide: £200,000 to £230,000. Pic lot 98

l 19 lock-up garages and adjoining land, Wadhurst Close, also in the Lagney area of Eastbourne. Four are vacant, with the remaining garages producing £11,209.12 per annum with scope to increase the income. Freehold guide: £185,000 to £195,000. Pic lot 24

l 14 up-and-over garages on three levels just off Rockhurst Drive, in Eastbourne Old Town. Five are vacant and the rest are currently let at £5,366.40 per annum, with potential to significantly increase the income. Freehold guide: £180,000 to £190,000. Pic lot 48

l 16 lock-up garages in a compound just off Ashington Road in the Hampden Park area of Eastbourne. Five are vacant and the others are currently let at £8,881.60 per annum, with potential to increase. Freehold guide: £155,000 to £160,000. Pic lot 123

l 12 lock-up garages in two adjoining blocks in Maxfield Close, Eastbourne Old Town. One is vacant, the rest generate an income of £8,992.36 per annum, with scope to increase. Freehold guide: £150,000 to £160,000. Pic lot 66

l 10 vacant up-and-over garages in two blocks rear of Hamsey Close, in Eastbourne Old Town. The garages would suit an owner/occupier or investor and could be let as storage to produce an income. Freehold guide: £100,000 to £120,000. Pic lot 43

l 6 adjoining lock-up garages rear of Durham Court, Rockhurst Drive, in Eastbourne Old Town. One is let at £731.64 per annum with the rest vacant. Freehold guide £75,000 to £80,000. Pic lot 5

Senior Auction Appraiser and Auctioneer Richard Payne said: “We have been entrusted by Eastbourne Borough Council to dispose of these 99 lock-up, up-and-over garages which have been deemed surplus to requirements.

“This is the largest number of garages that I can recall being offered in a single auction and I am certain there will be a huge amount of interest, particularly from investors seeking to add to their commercial property portfolios.

“Garage sales always do well at Clive Emson auctions and this multi-lot offering could well boost the local authority’s coffers by well over £1 million.”

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Offices in village setting up for auction

A vacant office building in a village setting on the outskirts of Bexhill is coming up for auction next month. (wed 13 dec)

Burnt House Chambers in Buxton Drive, Sidley is among 149 lots in the latest auction being held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.

Offered jointly with New Foundations, it is listed with a freehold guide price of £170,000-plus and vacant possession at the firm’s auction which ends on Wednesday 13 December.

Auction Appraiser Chris Milne said: “This freehold former office building is located a short distance from Sidley’s various local amenities, as well as Bexhill town centre with its further amenities and local and national retailers, the seafront and railway station.

“We are anticipating interest from anyone seeking a versatile property with potential in a popular setting close to amenities and good transport links.”

The property comprises a lower ground floor housing a garage and a ground floor with six rooms, a lobby area, kitchen and two WCs. Outside is a forecourt.

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Slice of history up for auction

A character cottage needing improvement in Lewes is set to go under the auctioneer’s gavel next month. (wed 13 dec)

Mid-terrace 1 Little East Street is among 149 lots in the latest auction being held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.

Offered jointly with Oakley, it is listed with a freehold guide price of £200,000 to £215,000 and vacant possession at the firm’s auction which ends on Wednesday 13 December.

Senior Auction Appraiser and Auctioneer Richard Payne said: “This period cottage is arranged over three floors and needs improvement throughout.https://www.cliveemson.co.uk/properties/246/11/

“It retains some character features, including sash windows and exposed beams, and has a double bedroom and attic/study room. There is a south facing walled patio garden and brick shed to the rear.

“We are likely to attract interest from owner-occupiers seeking an attractive period property or investors looking to let the property once works have been carried out.”

The one-bedroom property is situated in the heart of Lewes, close to comprehensive local shopping facilities and amenities including mainline railway station and many pubs and restaurants.

There are excellent road links to Brighton, Eastbourne and surrounding areas via the nearby A27. Watch the video:

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Homes plan land goes up for auction

Land with planning consent for five houses on the outskirts of Hastings is set to go under the auctioneer’s gavel next month. (wed 13 dec)

The land, off Church Street, is among 149 lots in the latest auction being held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.

It is listed with a freehold guide price of £400,000 to £410,000 at the firm’s auction which ends on Wednesday 13 December.

Auction Appraiser Chris Milne said: “The land, which has planning permission for five houses, is located in a predominantly residential area on the outskirts of Hastings.

“It is within easy access of the town centre with its various local and national retailers, mainline railway station and further amenities, as well as the seafront.

“The land is adjacent to Speckled Wood, in close proximity of Hastings Country Park nature reserve and near a supermarket and pharmacy.

“I am anticipating interest from developers seeking a new project with the red tape of seeking planning consent taken out of the equation.”

Hastings Borough Council granted permission for one two-bedroom detached house with off-street parking, two three-bedroom detached houses, each with a detached garage, and two three-bedroom semi-detached houses, each with off-street parking, subject to conditions.

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A shop at 24-25 Grand Parade, St. Leonards-on-Sea is listed with a leasehold guide price of £90,000 to £95,000 as an investment.

Currently let at £11,440 per annum to Grand Designs for five years from 2022, the substantial commercial unit forms part of a larger block known as Grand Court.

It is arranged as retail spaces on the ground floor with ancillary space in the basement. There is also a single parking space to the rear of the building.

Director & Senior Auction Appraiser Sam Kinloch said: “This ready-made commercial investment producing a good income is situated in a prominent position on St. Leonards seafront.

The property is located close to St. Leonards town centre, local shops, amenities and Warrior Square mainline railway station. Hastings town centre is a mile away.

Tenure is the remainder of a 99-year lease from September 1985, at a current ground rental of £100 per annum.

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A commercial opportunity in Hastings town centre is being offered jointly with Dyer & Hobbis with a freehold guide price of £80,000 to £85,000 and vacant possession.

Two-storey 82 Queens Road retail premises situated on the busy thoroughfare of Queens Road close to Hastings town centre and mainline railway station.

Sam added: “Although now requiring some modernisation and refurbishment, the property is considered ideal for investment, once let, or owner occupation.

“It is also considered that there may be potential for conversion of the first floor into residential accommodation subject to all necessary consents being obtainable.” Watch the video: https://www.cliveemson.co.uk/properties/246/53/

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A studio flat for investment in St Leonards is offered jointly with Burgess & Co with a leasehold guide price of £50,000 to £60,000.

Flat 7 at 4 Terrace Road is currently let at £5,040 per annum on an assured shorthold tenancy agreement.

Chris added: “This studio flat, now requiring refurbishment, is located on the second floor of a converted block.

“It’s a short distance from St. Leonards Warrior Square railway station, Warrior Square Gardens, the seafront and various other local shops and amenities.”

Tenure is the remainder of a 999-year lease from July 2009. Watch the video: https://www.cliveemson.co.uk/properties/246/81/

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A parcel of land in the village of Pett Level is offered jointly with Just Property with a freehold guide price of £25,000-plus. [no pic available]

The land, on the south west side of Cliff End Lane, extends to approximately 0.07 hectares (0.17 acres).

Chris said: “This land is located on a private lane in the village of Pett Level, a short distance from Hastings with its various local amenities and transport links.”

The site can be located using the What3Words app ref: ///elaborate.sprayer.exotic

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City redevelopment property for auction

A dilapidated building with redevelopment consent already in place in Chichester is coming up for auction next month. (wed 13 dec)

Detached 1A Adelaide Road is among 149 lots in the latest auction being held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.

It is listed with a freehold guide price of £290,000-plus and vacant possession at the firm’s auction which ends on Wednesday 13 December.

The building is situated a short distance from the city centre and was previously in use as takeaway restaurant with a residential flat over.

Auction Appraiser Joe Rocks said: “Although in a poor state of repair at present, the building is sold with the benefit of planning consent for a part conversion/part new build project.

“This will see the retention of the ground floor commercial space and three one-bedroom residential apartments which are considered an ideal addition to an income-producing letting portfolio.”

Planning permission was granted this year for a commercial premises and garden flat at ground floor level, with two flats above. Watch the video: https://www.cliveemson.co.uk/properties/246/86/

 

Clive Emson Auctioneers holds auctions eight times a year offering specialist advice for auction purposes with offices in Essex, Kent, Sussex, Hampshire and the West Country, selling with skill, speed and efficiency.

Bidding for the current auction, the final one of the year, goes live on Monday 11 December and ends on Wednesday 13 December. See https://www.cliveemson.co.uk for more details.