1 - 10 St. Margarets Road, St. Leonards-on-Sea, East Sussex, TN37 6EH

Guide Price* : £1,725,000 - £1,750,000

Upon Instructions of

Liquidators

  • Partially completed residential development
  • Each has four bedrooms and roof terrace with sea views
  • Vacant possession

Description

The property comprises a partially completed development of ten self-contained large, eco-friendly, carbon neutral town houses. Each house is arranged over multiple levels and benefit from 4 bedrooms, a small terrace at lower ground level and a roof terrace with sea views. The properties are each in a similar condition. Most bathrooms have been fitted and some kitchens have been partially fitted, but outstanding works will be required before occupation.

Location

The coastal town of St Leonards-on-Sea is located just to the west of Hastings, approximately 17 miles north-east of Eastbourne, 44 miles south-west of Folkestone and 32 miles south of Maidstone. The town lies alongside the A259 at the southern tip of the A21. The properties are situated on the south side of St Margarets Road, at the brow of the hill and close to the junction with Magdalen Road, a short walk from the town centre.

Tenure

Freehold.

Planning Authority

Hastings Borough Council (01424 783259) www.hastings.gov.uk.

Accommodation Summary

Each house is typically arranged as follows:
Second floor: Split level lounge/diner with doors to roof terrace
Half landing: Kitchen
First floor: Master bedroom with en suite bath/shower/WC
Half landing: Bedroom and separate bathroom/WC
Ground floor: Hall and door to garage
Lower ground floor 1: Bedroom
Half landing: WC
Lower ground floor 2: Bedroom and store room. Door to terrace.

Energy Performance Certificate

For EPC Rating please see legal documentation

Contact

Vendor's solicitor

Dentons UKMEA LLP
(Thomas Sheldon)
020 7320 6894
thomas.sheldon@dentons.com

* 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.

Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT on purchases of £20,000 and above and £240 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.

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Sold for £1,750,000

This auction lot is now closed.

Auction Ended

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The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT on purchases of £20,000 and above and £240 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.


Office Contact

Contact
020 7198 2284

Vendor

Liquidators

Vendors Solicitor

(Thomas Sheldon)
020 7320 6894

Related Documents

Agreement Documents


Subject to Contract and Exclusive of VAT © Lambert Smith Hampton December 2019

Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including 574, and their joint agents if any ("LSH") for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.