Axis House, 23 St. Leonards Road, Eastbourne, East Sussex, BN21 3PX
Guide Price* : £1,000,000
For Sale by Online Auction, If Not Sold Prior
- Town Centre Freehold with Vacant Possession
- Grade B Office Accommodation
- 8,891 sq ft (826 sq m)
- Suitable for Alternate Uses (STPP)
- Existing structure provides potential development opportunity on flat roof (STPP)
- Guide Price of £1,000,000 reflects a low capital value of £112 per sq ft
An excellent opportunity to purchase a building in a prime location within Eastbourne Town Centre, which currently has a Class E (B1) Office Use attached to it however the building could be suitable for Alternative Uses (subject to obtaining the necessary consents).
Furthermore there may also be potential to increase the property area by addition of further floors (subject to obtaining the necessary consents).
The property is of 1980’s construction, concrete frame with brick elevations and a mansard roof. The floor plates are broadly similar with the existing main toilet provision being located on the first floor. The upper floors are largely open plan with the ground floor including a reception area and various meeting rooms.
The office accommodation also has the benefit of a car park to the rear which can accommodate up to 9 cars. The building and car park sit on a site of 0.25 acres.
Axis House sits in an excellent location within Eastbourne Town centre, 5 minutes’ walk to the Train Station and retail amenities which are directly to the South.
Eastbourne is an affluent South-Coast town which sits just off the A22/A27. There are trains to Central London which take 90 minutes (Southern Railway into London Victoria). The nearest airport is Gatwick which is 43 miles to the North-West.
Eastbourne is known as a seaside resort, however with the renowned cliffs at Beachy Head and the South Downs National Park (west), and High Weald (north) both areas of outstanding natural beauty, Eastbourne offers much more than just a coastal experience.
Refer to the legal documentation
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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 £1,200 inclusive of VAT on purchases of £20,000 and above and £360 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
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The successful purchaser will be required to pay the auctioneers administration fee of £1,200 inclusive of VAT on purchases of £20,000 and above and £360 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
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Subject to Contract and Exclusive of VAT © Lambert Smith Hampton June 2022
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.
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