Investment Opportunity East Sussex BN41 £500,000 – £550,000

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Auction date: Thu, 11/02/2016 - 14:30

A red brick building that was originally built at the beginning of the 20th century occupies part of the site and cleared land at the rear forms the remainder of the site. The building is currently let at £1000pcm and the purchaser, at exchange, can have the option to retain the tenants or if vacant possession is preferred the vendor will serve the required 3 months notice. Planning was granted for the demolition of the existing building and the erection of a part three part four storey building comprising 4 x 2 bedroom and 2 x 1 bedroom flats and an office block with courtyard car park. Ideal for investors and developers.

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Tagged
investment tenant landlord buy to let development planning portslade east sussex BN41 south east england

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