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Lot 23 Click here for addendum

5 WEEK COMPLETION

SITUATION

Located on the busy A265, close to the junction with Station Road in the heart of the town centre. The property is opposite a NatWest and is amongst a variety of local traders and multiple retailers including Lloyds Bank, Barclays, Cancer Research UK and Wood & Pilcher Estate Agents.
Heathfield is a market town surrounded by the beautiful rolling Sussex countryside, approx. 14 miles south of the historic spa town of Royal Tunbridge Wells and 14 miles north of Eastbourne benefitting from good road links via the A21 and A22.

PROPERTY

A mid terraced building comprising a Ground Floor Shop with internal access to Storage at first floor level. In addition, the property benefits from rear access via a service road.

ACCOMMODATION

Ground Floor Shop
Gross Frontage 17'10"
Internal Width 16'6"
Shop Depth 27'2"
Built Depth 37'0"
First Floor
Storage Area Approx. 190 sq ft
WC

VAT is NOT applicable to this Lot

FREEHOLD

TENANCY

The entire property is let on a full repairing and insuring lease to S. Patel as an Off Licence/Post Office for a term of 10 years from 8th October 2010 at a current rent of £10,000 per annum exclusive.

Rent Review 2015 (Outstanding)

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

26 High Street, Heathfield, East Sussex TN21 8LS