June 2022: Tuesday 14 June 2022 - 9:00am
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    Key features

    • A freehold corner building arranged as a ground floor and basement grocers shop let at £6,480 per annum
    • First and second floor maisonette sold on a lease
    • Located in a popular established residential area
    • Brighton General Hospital and Racecourse are nearby

    Description

    A corner building arranged as a ground floor and basement shop unit trading as Hilly Lane grocers.

    There is a separate side entrance from Hampden Road to a first and second floor maisonette.


    Additional information

    Tenure

    Freehold


    Accommodation

    Ground Floor (No 78) - Shop external frontage approximately 11ft 9''

    Splay approximately 3ft 9'' Return Frontage approximately 7ft 9''

    Shop built depth approximately 16ft 6''

    Basement - Store Room approximately 195 sq ft, Separate WC


    First/Second Floor Flat (No 78B) - Sold on a 999 year lease from 1st January 2019 Ground Rent £50 per annum rising

    Tenancy

    Ground Floor and Basement Shop - Let on a lease for a term of 10 years from from 4th August 2015 at a rent of £6,480 per annum

    Rent reviews every 3 years


    Rent

    Total Current Rent £6,530 per annum
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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Brighton and Hove are one of the UK's most popular and historic south coast cities located about 50 miles south of London.

      Hanover is a popular residential area forming part of the northeastern suburbs of Brighton.

      Situated on the south side of Elm Grove at the junction of Hampden Road serving an established surrounding residential area.

      The retail and commercial centre of Brighton is easily accessible.

      The sea front promenade/beaches and Brighton Place Pier are within easy reach.

      Brighton General Hospital and Racecourse are nearby.

      The A27 South Coast road and A23 provide good road links to the M23 and London.


      Transport

      National Rail - London Road


      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums