Property photos
Auction
Guide price
£90,000
Property for sale
Wilmington Parade, Brighton BN1Local area information
Property location
Nearby amenities
- Patcham High School 0.2 miles
- Patcham Infant School 0.3 miles
- Preston Park 1.1 miles
- Moulsecoomb 1.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Unsold at auction
- 12 September 2024
- EPC Rating - n/a
Summary
guide price £90,000 - Long Leasehold Retails Investment,
Highly Visible Local Parade,
Rent Reserved £8,500 per annum,
To sell your property in our next auction call us now
Description
Long Leasehold Retails Investment
Highly Visible Local Parade
Rent Reserved £8,500 per annum.
Location:
The property forms part of this retail parade in a highly visible location at the junction of Carden Avenue and in the heart of Patcham. The parade serves a densely populated local catchment area and benefits from a volume of passing vehicular traffic along Carden Avenue. The vibrant heart of the centre of Brighton lies to the south, is easily accessible via road and local bus routes with additional public transport available at Preston Park Station to the south.
Description:
The property forms part of this retail parade and comprises ground floor retail space and storage/staff facilities.
Accommodation:
Retail Zone A 28.8 sq.m. (310.0 sq. Ft)
Retail Zone B 18 sq.m. (193.7 sq. Ft)
Store 14.4 sq.m. (155 sq. Ft)
Total Area 61.2 sq.m. (658 sq. Ft)
EPC Rating: C
Tenancy:
The property is let to Jack and Maggie’s Limited (t/a Jack and Maggie’s) on a renewed lease for a term of five years at affixed and current rent of £8,500 pa.
Rent Reserved:
£8,500 per annum.
Tenure:
To be sold on a new lease from completion for a term of 125 years.
Note:
Following this sale and compliance of the Landlord and Tenant Act the Seller will make the freehold available.
Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
guide price £90,000 - Long Leasehold Retails Investment,
Highly Visible Local Parade,
Rent Reserved £8,500 per annum,
To sell your property in our next auction call us now
Description
Long Leasehold Retails Investment
Highly Visible Local Parade
Rent Reserved £8,500 per annum.
Location:
The property forms part of this retail parade in a highly visible location at the junction of Carden Avenue and in the heart of Patcham. The parade serves a densely populated local catchment area and benefits from a volume of passing vehicular traffic along Carden Avenue. The vibrant heart of the centre of Brighton lies to the south, is easily accessible via road and local bus routes with additional public transport available at Preston Park Station to the south.
Description:
The property forms part of this retail parade and comprises ground floor retail space and storage/staff facilities.
Accommodation:
Retail Zone A 28.8 sq.m. (310.0 sq. Ft)
Retail Zone B 18 sq.m. (193.7 sq. Ft)
Store 14.4 sq.m. (155 sq. Ft)
Total Area 61.2 sq.m. (658 sq. Ft)
EPC Rating: C
Tenancy:
The property is let to Jack and Maggie’s Limited (t/a Jack and Maggie’s) on a renewed lease for a term of five years at affixed and current rent of £8,500 pa.
Rent Reserved:
£8,500 per annum.
Tenure:
To be sold on a new lease from completion for a term of 125 years.
Note:
Following this sale and compliance of the Landlord and Tenant Act the Seller will make the freehold available.
Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
More information
Listed by
Barnard Marcus - Auctions
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Property descriptions and related information displayed on this page are marketing materials provided by - Barnard Marcus - Auctions. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Barnard Marcus - Auctions for full details and further information.