0 Bedrooms Parking/garage for sale in Car Park, Braemar House, Norfolk Road, Brighton BN1 | £ 190,000
Overview
| Price: | £ 190,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Parking/garage |
| County: | East Sussex |
| Town: | Brighton |
| Postcode: | BN1 |
| Address: | Car Park, Braemar House, Norfolk Road, Brighton BN1 |
| Bathrooms: | 0 |
| Bedrooms: | 0 |
Property Description
A rare opportunity to acquire 10 car parking spaces within a walled compound in the heart of Brighton city centre producing a good annual income and the opportunity for investment or owner occupation.
The site is located to the rear of Braemar House in Norfolk Road which is situated just off Western Road within close proximity of offices, shops and comprehensive local amenities.
Tenancy
Each space is let on a licence. The total current rental is £16,376 per annum plus two vacant spaces. Further details will be available to download from the Clive Emson website or inspection at the Auctioneer's Office.
Viewing
Interested applicants may view directly on site.
Tenure
Remainder of a 999 year lease from 25th March 1967 at a current ground rental of £100 per annum.
Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
Property Location
Property Marketed by Clive Emson Auctioneers
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