Sold for £700

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A pair of freehold land parcels to be sold as one lot, equivalent to 4152 sq ft / 0.1 acres with speculative potential for future development, vacant.

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Description/Location

The adjoining plots measure approximately (88) 82 ft x 24 ft (0.049 acres) and (89) 84 ft x 26 ft (0.051 acres), a combined area of 0.1 acres. The land is situated to the north of South Coast Road with numerous residential dwellings to the south and east. The plot offers potential for a variety of uses and possible future development subject to planning.

In addition to the hammer price and administration fee the buyer will pay £1200 incl vat as a contribution to the sellers auction costs.

Tenure

Freehold

Local Authority

East Sussex County Council 0345 608 0190

Office Contact

Please contact Elliott Network Auctions on 01923 240420

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.