Terraced house for sale in Lewes BN7, 3 Bedroom

For sale by auction on Thursday, 06 December 2018 at 14:30

Venue: The Hove Club, 28 Fourth Avenue

A 19th century terraced freehold mixed-use property arranged over 4 floors. The 3 bedroom maisonette has a separate street entrance.

This represents an interesting investment opportunity to refurbish and let both the shop and flat to provide a good income, or for an owner occupier to operate the shop and live upstairs. Alternatively it might be possible to re-instate the property as a house but this would be subject to obtaining all the necessary consents.

Situation
The property is centrally situated at the northern end of Fisher Street, close to the Needlemakers car park. The High Street is a few minutes walk to the south and benefits from a number of popular national and local retailers and restaurants. Lewes railway station is a 5 minute walk away.

Accommodation
Cellar: 172sqft (16sqm)

Commercial Ground Floor

A3/A5 Take Away with shop area, counter and kitchen with extractor unit, door to

Store and office

Total floor area 435sqft (40.4sqm)

Patio area with outside WC

First Floor

Living room: 15'0 x 10'11 (4.6m x 3.3m)

Bedroom 1: 11'0 x 9'3 (3.4m x 2.8m)

Bathroom: 8'2 x 5'9 max (2.49m x 1.75m max)

Second Floor

Bedroom 2: 15'0 x 10'11 (4.6m x 3.3m)

Bedroom 3: 11'2 x 9'9 (3.4m x 3.0m)

nb: Buyer's Premium of £5000 (incl VAT) plus admin fee of £900 (incl VAT)

nb: 6 week completion due to Christmas holidays or sooner if agreed by both parties

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Additional Fees
Administration Charge - Purchasers will be required to pay an Administration fee of 0.3% (0.25% plus VAT) of the sale price, subject to a minimum of £660 (£550 plus VAT)
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides 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. Each 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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.