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    Key features

    • Of interest to owner occupiers and investors
    • Comprises an industrial unit comprising approximately 428.64 sq m (4,614 sq ft)
    • Opportunity to re-let the industrial unit or occupy
    • Low capital value on Guide Price (circa £92 psf)
    • Includes parking for approximately 5/6 cars
    • Strategic location next to A22, leading to M23 motorway
    • VAT-Free Opportunity

    Description

    The property comprises a single storey industrial unit with ancillary offices over ground and first floor. The warehouse has access from Edison Road, with a further access to the offices on Edison Road. The property benefits from car parking for approximately 5 or 6 cars. The property benefits from an eaves height of 4.75m rising to 6.37m and a height under mezzanine of 2.8m. The unit benefits from an ancillary office, a kitchenette and two WC's. There is gas central heating and 100 amp 3 phase power.

    Additional information

    Tenure

    Long Leasehold. Held for a term of 999 years from 25th December 1988 at a ground rent of £25 pa.


    Accommodation

    Approximate areas have been sourced from the client and the property has not been inspected by Savills.


    Ground Floor Warehouse - 283.61 sq m (3,053 sq ft)

    Mezzanine - 145.04 sq m (1,561 sq ft)


    Total approximate area - 145.04 sq m (4,614 sq ft)


    Tenancy

    Vacant Possession.

    Rent

    Vacant Posession.
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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

      The property is located within the established Highfield Industrial Estate, which benefits from a strategic position close next to the main A22 road which has direct access to the M23 motorway. The property is located on the south side of Edison Road, approximately 2 miles north of Eastbourne and 22 miles east of Brighton.

      Transport

      2 miles north of Eastbourne

      22 miles east of Brighton

      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