Below is the full auction catalogue in PDF format. It is advisable by pengxiuhui

VIEWS: 22 PAGES: 29

									Below is the full auction catalogue in PDF format.

It is advisable to obtain a hard copy of the catalogue from the
Auction House prior to purchasing a property or incurring any
expense in relation to a lot.

Please note that lot details are subject to change and these
changes are available from the Auction House directly.
     Chartered Surveyors • Valuers
     Auctioneers • Estate Agents
           Established 1825




              Wednesday
           30 March 2011
                  at 3pm
     at the Banqueting Suite
Hove Town Hall, Norton Road
              Hove BN3 3BQ

    Telephone 01273 326171           FOR SALE
         www.psandb.co.uk            BY AUCTION
                                            Energy
                                            Performance
                                            Certificates
                                  Private Treaty Properties




HARRINGTON ROAD, HOVE
Residential investment comprising of 3 flats, all let on ASTs with 75% share of freehold, in popular residential area. Total
income: £24,000 per annum (gross).
First floor: One bed flat to the front, and a large studio flat to the rear. Both units have period features and well-proportioned rooms.
Upper maisonette: 3 bedrooms; 1 single room on the first floor with 2 bedrooms on the second floor, living room, kitchen and
bathroom. Plenty of character with sloping ceilings, with front & rear balconies.
Good location just north of Preston Park.

£450,000 75% Share of Freehold.


                                            BRIGHTON | HOVE | HASTINGS | BOGNOR REGIS                       www.psandb.co.uk




                                            Leasehold Property

                                            specialists
                                            • Management
                                            • Insurance
                                            • Advise on disputes
                                            • Valuations for collective
                                              enfranchisement
                                            • Lease extensions
                                            • Lettings
                                            • Sales
                                            Parsons Son & Basley
                                            CHARTERED SURVEYORS, VALUERS, AUCTIONEERS, ESTATE AGENTS
                                            32 Queens Road Brighton BN1 3YE
                                            T: 01273 326171 | F: 01273 821224 | E: property@psandb.co.uk




         Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014
                                 Private Treaty Properties




LAND AT CITY PARK, ORCHARD ROAD, HOVE
Freehold land with full planning permission for a development of 7 eco-homes, close to Hove Park. Total site area
measures approx. 1438 sq m/3.95 acres (16,000 sq ft).
Planning ref: BH2010/00630 was granted in September 2010 to provide for the erection of a detached building on 3 levels to form 5 x
2 bedroom units and 2 x 1 bedroom units with associated landscaping and seven parking spaces (one per unit).
The Local Authority has approved a Code Level 5 for the Sustainable Homes Certificate and the Section 106 agreement requires
a total contribution of £5,250.

OIRO £600,000 Freehold




NILE STREET, THE LANES, BRIGHTON
Rarely available Grade II Listed freehold property in a city centre location the heart of the famous Lanes.
 This is a prime commercial thoroughfare and benefits from excellent passing trade. The area benefits from other retail multiples
in the vicinity represented by Karen Millen, Trevor Sorbie and Pizza Express.
The property is arranged as retail/gallery space plus offices of approx 82 sq m (930 sq ft) on four floors. It has been extensively
refurbished throughout by the present owners who have occupied the property for some 30 years and is offered with vacant
possession.

OIRO £450,000 Freehold

        Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014
                                Private Treaty Properties
THE ABBEY HOTEL, 14 - 19 NORFOLK TERRACE, BRIGHTON
A rare opportunity to purchase a substantial residential investment comprising of 6 period buildings in Brighton centre
producing £632,682 (gross) per annum, with tourist use permission to increase income by approximately £80,000 per annum.
LOCATION
The property is situated at the southern end of Norfolk Terrace, which is to the north of Norfolk Road, adjacent to Montpelier
Road. The location is less that half a mile west of Brighton city centre, Brighton mainline station and Brighton seafront and
promenade. Local shops, restaurants and bars can be found at Western Road to the south or Seven Dials to the north. It is very
well situated to suit the by-to-let market.




DESCRIPTION
The building comprises of six adjoined buildings arranged over six floors. There are 106 units comprising of 84 bedsits which
share shower/WC blocks; 19 self-contained studios and a two bedroom annexe unit. There are an additional two bedsits which
are currently used as a reception and an office which could be converted for extra income.
The 4th (top) floor has additional consent for tourism use enabling short term lets with increased income over a restricted
period; this is considered to provide an uplift in income in the region of £80,000 per annum if implemented. A full rent schedule
and floor plans are available for inspection. There is scope to further increase the current rental income and with maximising the
tourist use the income could be increased to a figure in the region of £730,000 (gross) per annum.
NOTE: The property immediately to the rear being 2 York Avenue may also be available for sale. It has a car park (approx 7-10
spaces) within its title and comprises 9 self-contained units. The vendor is looking for offers in the region of £1,000,000.

OIEO £6,000,000 for the Freehold Interest (subject to tenancies)



        Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014
                                            Index of Lots
           On behalf of Family Trusts, Property Investment and Development Companies,
                                 Executors and Private Individuals.
Lot   Address                                                                                                    Page

1     Land to the east of Star House,             27.5 acres (11.3 ha) of arable/grazing land                       6
      Brighton Road, Newtimber                    in South Downs Conservation Area

2     Freehold land at Charlwood Gardens,         Freehold land subject to a number of freehold titles              7
      Burgess Hill                                with possible (development potential STNC)


                                             OR
                                     LD PRI a house producing approximately £130,000 (gross) per annum
3     37 Brunswick Square, Hove, BN3 1ED Freehold Grade II Listed Regency house arranged as 17 flats                8
                                   SO    and

4     16 South Farm Road, Worthing                Freehold A3 investment producing £8,150 per annum                 9

5     GFF, 60 Buckingham Place, Brighton          One bedroom flat with shared garden in need of refurbishment     10

6     18 New Broadway, Tarring Road, Worthing     Freehold retail investment producing £4,350 per annum            11

7     74 Richmond Road, Worthing                  Freehold ground rent investment with potential for lease         12
                                                  extensions and planning consent for 2 flats

8     33a New England Road, Brighton              One bedroom flat let on AST producing £7,200 per annum           13

9     2/21 Burlington St, Brighton Rd, Brighton   Newly converted high spec vacant studio flat                     14

10    4/21 Burlington St, Brighton Rd, Brighton   Newly converted high spec studio flat let on AST
                                                  producing £6,300 per annum                                       15

11    5/21 Burlington St, Brighton Rd, Brighton   Newly converted high spec vacant studio flat                     16

12    6/21 Burlington St, Brighton Rd, Brighton   Newly converted high spec vacant studio flat                     17

13    7/21 Burlington St, Brighton Rd, Brighton   Newly converted high spec vacant studio flat                     18

14    25 Tyedean Road, Telscombe Cliffs           Detached bungalow in need of complete renovation                 19

15    Land at 133 Westbourne Street, Hove         Freehold residential development site with planning            20-21
                                                  consent for 4 units




                            ENTRIES INVITED
            for both Commercial and Residential Lots for our May 2011 Auction

                             AUCTION TEAM CONTACTS
                    Richard Payne                                              Jenni Freeborn
                      Auctioneer                                              Auction Manager
                  Tel: 01273 274010                                           Tel: 01273 274014
             richardpayne@psandb.co.uk                                  jennifreeborn@psandb.co.uk



        Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014                                   1
                                   Important Notes for Bidders
             DON'T FORGET THE FALL OF THE HAMMER CONSTITUTES A CONTRACT
      THESE NOTES ARE INTENDED TO ASSIST PROSPECTIVE BUYERS AND SHOULD BE READ CAREFULLY.
         THEY ARE NOT, HOWEVER, EXHAUSTIVE AND WE WOULD STRONGLY ADVISE YOU TO TAKE
            PROFESSIONAL ADVICE IF YOU ARE INTERESTED IN BIDDING FOR ANY OF THE LOTS.

    PARTICULARS                                                               REGISTRATION OF INTEREST
    The particulars have been prepared diligently and all reasonable          If you are interested in bidding for any of the property in this
    steps have been taken to ensure that they are correct. Neither            brochure, we recommend you notify us of your interest. Whilst we
    Parsons Son & Basley nor the seller for whom they are Agents will,        can give you no undertaking in this respect, we will then endeavour
    however, be under any liability in respect of them. Prospective           to advise you of any change relating to the property.
    buyers must satisfy themselves by inspection and enquiry as to the
    correctness of any Information. No person within the employment           SALES PRIOR TO AUCTION
    of Parsons Son & Basley has any authority to make or give any             Our clients reserve the right to sell a property prior to the actual
    representation or warranty whatsoever in relation to any of the lots.     date of the auction where a purchaser has proved to be ready
                                                                              willing and able to proceed and the lot in question has been viewed
    CONDITIONS OF SALE                                                        and the legal pack inspected. Pre-auction bids are on the basis of an
    Each property is offered and sold subject to the Royal Institution of     immediate exchange of contracts upon acceptance by the seller,
    Chartered Surveyors Common Auction Conditions together with the           with the buyer providing a full 10% deposit and payment of the
    variations specific to Parsons Son & Basley. Please contact the           administration fee. Prospective buyers intending to bid for a specific
    Auctioneers for the Common Auction Conditions (3rd edition),              lot are advised to contact us before travelling to ensure that
    variations and the special conditions for each lot. We hold the           particular lot will be offered at the Auction.
    deposit as Agent for the Vendor except on lots where VAT is
    applicable. In this situation we would hold the deposit as                THE AUCTION SALE
    Stakeholder.                                                              You are advised to arrive before the start of the sale to ensure you
                                                                              hear the Auctioneers preliminary remarks and announcements and
    ADDENDUM                                                                  obtain a copy of any Addenda or Addendum, in case these affect
    A separate Addenda or Addendum will be produced, if necessary,            the property you are interested in bidding for.
    to detail any amendments to the Auction Brochure or the
    Conditions of Sale. These will be available both before and at the        The Auctioneers reserve the right to alter the order of sale and/or
    Auction and prospective buyers are advised to ensure that they            withdraw the lot without liability on the part of themselves or the
    have an up to date copy as they will be deemed to have read the           seller for any losses, costs or expenses incurred that result. The
    Addendum whether they have done so or not.                                properties are offered for sale subject to reserve prices and the
                                                                              sellers reserve the right to bid at the sale or through their agents or
    LEGAL DOCUMENTATION                                                       the Auctioneers up to the reserve prices and to withdraw the
    Copies of the relevant documents including Office Copy Entries or         properties unsold without declaring such reserves. The Auctioneers
    Epitomes of Title, leases, Local Authority Searches and other legal       reserve the right to regulate the bidding and to refuse to accept any
    documentation is available to download online at                          bid or bids without assigning any reason therefore. In the event of
    http://passport.eigroup.co.uk or go to the                                any dispute in respect of the bidding the Auctioneers decision shall
    www.psandb.co.uk/auctions for a link to the site. Administration          be final.
    charge is £20 including VAT and the information can be reaccessed
    through your account free of charge. A link can be set up to enable       The successful bidder is under a binding contract as soon as
    your solicitor to view the legal pack online at no extra charge.          the Auctioneers gavel falls on his or her bid. The successful bidder
    Alternatively hard copies of the documents can be viewed at the           must immediately on request complete the Buyer's Slip which will
    offices of the solicitor dealing with the lot or from 2pm at the          be presented to them to enable the Memorandum of Contract at
    auction venue on the day of the auction. Prospective buyers are           the back of the brochure to be completed. A deposit of 10% of the
    strongly advised to take professional advice prior to bidding as they     purchase price, subject to minimum of £2,000, must be paid to the
    will be deemed to have made the usual Pre-Contract Enquiries.             Auctioneers as agents for the seller and the Memorandum signed
                                                                              by the purchasers immediately after the sale and before leaving the
    INSPECTIONS                                                               Auction Room. The payment of the deposit can be by bank or
    It is essential that you inspect any property in which you are            building society draft or cheque which should be drawn on a United
    interested as you will be deemed to have done so if you bid.              Kingdom bank or building society and made payable to ‘Parsons
    All appointments to view must be made through Parsons Son &               Son & Basley’.
    Basley: inspections of investment properties are also by courtesy of
    the tenants.                                                              THE COMPLETION
                                                                              The completion date will be such date as is 28 days from the date of
    PRICE GUIDES                                                              the Auction unless otherwise specified.
    In accordance with the 3rd edition RICS Common Auction
    Conditions where a guide price (or range of prices) is given that         Upon conclusion of the Auction the successful bidder (the Buyer)
                                                                              will pay Parsons Son & Basley a contract documentation fee of £250
    guide is the minimum price at which, or range of prices within
                                                                              +VAT.
    which, the seller is prepared to sell a the date of the guide price.
    But guide prices may change as the vendor may fix the final reserve
                                                                              Parsons Son & Basley reserve the right to offer the successful bidder
    price just before bidding commences. These guide prices are
                                                                              at the Auction a range of other services including assistance with
    approximate and do not constitute a valuation.
                                                                              the sale of the property purchased.
    PROPERTY MISDESCRIPTIONS ACT 1991
    We have not tested any apparatus, equipment, fixtures, fittings or        Parsons Son & Basley also reserve the right to take telephone bids
    services and so cannot verify that they are in working order or fit for   and to receive and make proxy bids during the Auction from
    the purpose. A Buyer is advised to obtain verification from their         bidders whose identity will be known to the Auctioneer but which
    Solicitor or Surveyor.                                                    otherwise will remain confidential.



2            Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014
                             Proxy or Telephone Bidding
Please select method of bidding:        Proxy     Telephone

I/We hereby instruct and authorise Parsons Son & Basley to bid on my/our behalf in accordance with the terms and conditions
and I understand that if my bid be successful the offer will be binding upon this company/me. Parsons Son & Basley will act as
my agent to bid on my behalf if required, taking my instructions in this respect on the telephone when the relevant lot is being
sold at the Auction. I/We authorise you to record such bidding and instructions in order to avoid any doubts or disputes.
N.B. full terms and conditions are available from the auctioneers.

Date of Auction                                                                              Lot Number

Address of Lot




Maximum Bid Price        £                      (and in words)                                                          Pounds

Cheque for 10% deposit (or in the case of telephone bidding a blank cheque may be submitted) Note clear funds must be
received by Parsons Son & Basley prior to the Auction.

Deposit Cheque           £                                                                                     (enclosed within)



                                     PROSPECTIVE PURCHASER’S DETAILS

Full Name(s)/Company

Address




                                                                                             Postcode

Telephone                Business                                            Mobile

E-mail Address

Solicitors

                                                                                           Postcode

                         For the attention of                                              Telephone



Signature of Prospective Purchaser or person signing on Purchaser’s behalf:-




Name in block capitals

Full Name and Address of Signatory if different from Purchaser’s details given above:-




Date of Signing



          Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014                                           3
                                                             Location
    By Rail
    30 minutes by rail from Gatwick International Airport.
    50 minutes by rail from Central London.

    By Road
    Brighton & Hove is approximately 60 miles from London via M23/M25.
    The A27 provides a quick and easy route for visitors from along the South Coast.

    Getting around Brighton & Hove
    The Hove Centre is a ten-minute walk from Hove railway station, and a ten minute bus journey from Brighton railway station.
    The venue is centrally located, close to shops, cafés, restaurants and bars, and is within easy walking distance of the seafront.
    The centre of Brighton is a short bus ride away. Taxis are plentiful and are available outside the venue.

    Parking
    There is on-street parking around the venue and an NCP car park opposite the venue on Norton Road, with 290 spaces.




                    LEGAL DOCUMENTS ONLINE
                 All the information is available to download via our website www.psandb.co.uk
                                                – please go to our auction page.


                    Administration charge is £10 inc. VAT per pack and the information can be
                  re-accessed through your account free of charge. Alternatively the documents
                    can be inspected from 2pm at the auction venue on the day of the auction.


                      If you are an Essential Information Group subscriber you can download
                           the legal documents where you see the                      icon on the website.


                                     Service provided by The Essential Information Group Ltd Tel: 0870 112 3040




4             Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014
            Proof of Identity and Bidder Registration
In order to comply with the 3rd EU Money Laundering Directive (MLD3) we are required as property auctioneers to follow
certain procedures. We are required to verify your identity and we are combining this with registration for bidding.
We will require you to provide one from each of the following lists for photocopying:

 LIST A                                                                LIST B
 • Current passport                                                    • Utility bill issued within the last thee months
 • Current UK photocard driving license                                  (Mobile phone bill not acceptable).
 • Current full UK driving license (old version)                       • Local Authority Tax Bill (current year)
 • Residential permit issued from the home office to EU                • Bank or Building Society statement with current
   nationals                                                             address
 • Self-employed in the construction industry form C155,               • The most recent mortgage statement (original)
   C156 or SC60                                                        • Confirmation from electoral roll for current address
 • Inland Revenue Tax notification
 • Fire Alarms Certificate

This process only needs to be done once unless details need updating such as a change of address. All information will be
stored securely in accordance with The Data Protection Act
PROXY BIDDING
a) If you are bidding on behalf of another person, we will require that we have either identified them previously, or that we
   are provided with true certified copies from a solicitor, together with identification for yourself. A further requirement is a
   letter signed by the buyer authorising you to sign the contract on their behalf.
b) If you are bidding on behalf of a company, the above documentation will be required along with a letter of authority from
   the said company to purchase on its behalf or proof that you are a director of the company (such as a letter from
   Companies House bearing your name).


  If you are not a UK resident or for any reason are unable to provide any of this information then we may need to obtain
 electronic verification of your status. In such instances a small administration charge will be made. If you think that this may
 be necessary we recommend that you contact us in advance of the auction in order for us to process your details. If we are
 unable to verify your details then we reserve the right to refuse your bid.


Please fill in the form overleaf providing your solicitor's details in order to fast-track the completion of the sales
memorandum should you successfully purchase with us.
Please complete this form and return it in person to a member of the auction team with the relevant identification documents.
This can be done at:
• The auctioneer's office, 32 Queens Road, Brighton BN1 3YE, Monday to Friday 9am-6pm.
• At the auction from an hour before until the commencement of the auction. Bidder registration cannot be done after the
  start of the auction.

Bidder name/s

Company if applicable

Address



Email

Tel: Home                                    Business                                   Mobile

Solicitor and address



Company verification

ID provided: List A                                                 List B

Proxy bidder

Signature/s

Registered bidders will be provided with bidding paddles on the day of auction. Please return them to us once the auction is
finished. The auctioneer reserves the right to refuse your bid if you do not have a bidding paddle.


        Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014                                               5
                                    LAND TO THE EAST OF
    LOT 1                           STAR HOUSE, BRIGHTON ROAD,
                                    NEWTIMBER, WEST SUSSEX BN6 9BH
                                       27.5 acres (11.13 ha) of arable/grazing land
                                       Easy access to main road A23
                                       Suit variety of uses (subject to necessary consents)

    LOCATION
    The land is situated close to the hamlet of Newtimber which is located 4 miles north of Brighton city centre. It is accessed via a
    road which borders the land to the east of Star House on the old Brighton Road. Heading south on the A23 the property can be
    found on the left hand side of the road beyond the junction to Hurstpierpoint. The main A23 London to Brighton road can be
    accessed directly and lies approximately 120m to the south.
    DESCRIPTION
    This is a rectangular area of land comprising 27.5 acres (11.13 ha) of arable/grazing land in the South Downs Conservation Area.
    We are not aware of any restrictive covenants nor has the land been subject to any planning applications.




     ACCOMMODATION                                                      TENURE
     The land has a road frontage of 130m (426 ft) widening to          Freehold with vacant possession.
     210m (690 ft) and has a depth of 360m (1180 ft).


                                  PRICE GUIDE: £190,000 - £200,000 FREEHOLD
                                                             SOLICITORS
                                                   Bunkers, 7 The Drive, Hove BN3 3JS
                                Tel: 01273 329797 Fax: 01273 324082 DX: 59257 Hove FAO: Agneta Fitch


6           Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014
                               FREEHOLD LAND AT CHARLWOOD
LOT 2                          GARDENS, BURGESS HILL,
                               WEST SUSSEX
                                    Freehold land subject to a number of freehold titles
                                    Potential development opportunity (STNC)
                                    Possible revenue from break up

LOCATION
Charlwood Gardens is located in the Wivelsfield area of Burgess Hill, 1 ½ miles to the north of the town centre. It is part of a
popular residential area situated between Valebridge Drive and Janes Lane mainly developed in the 1980’s. Charlwood Gardens
runs between Valebridge Drive and Charlwood Road, approximately ¼ mile from Wivelsfield train station.




                                                                                    DESCRIPTION
                                                                                    The freehold title includes the undeveloped
                                                                                    land remaining from the existing
                                                                                    development, represented by the green
                                                                                    areas on the colour map. There is a large
                                                                                    strip of land along the west boundary that is
                                                                                    subject to various Tree Preservation Orders
                                                                                    but could be suitable for increasing existing
                                                                                    gardens. Other small parcels of land may
                                                                                    also be suitable for this.
                                                                                    An area of open land to the south of no. 47
                                                                                    Charlwood Gardens measuring 390 sq m
                                                                                    (4200 sq ft) lends itself to further
                                                                                    development, subject to any necessary
                                                                                    consents. An additional area of land to the
                                                                                    west of this may also present an opportunity
                                                                                    for development.
                                                                                    TENURE
                                                                                    Freehold subject to extracted titles.




For identification purposes only




                                   PRICE GUIDE: £40,000-£45,000 FREEHOLD
                                                        SOLICITORS
                                   ASB Law, Innovis House, 108 High Street, Crawley RH10 1AS
                         Tel: 01293 603600 Fax: 01293 603666 DX: 57100 Crawley 1 FAO: Michael Bailey


        Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014                                              7
                                    37 BRUNSWICK SQUARE,
    LOT 3                           HOVE, BN3 1ED
                                       Freehold grade II listed Regency house arranged as 17 flats
                                       and a house
                                       Investment producing approximately £130,000 (gross) per annum
                                       Good rental growth/break-up potential
    LOCATION
    This ‘trophy’ investment property is situated on the west side of Brunswick Square, which lies between Western Road to the
    north and Kingsway to the south overlooking the seafront. It is located in this established and popular residential area of the
    seaside resort of Hove adjoining Brighton. Brighton town centre and recreational facilities are within close proximity, with the
    town centre providing a comprehensive range of shopping facilities together with its marina and pier. The railway station at
    Brighton provides fast links to London Victoria station with other public transport links including a railway station at Hove and
    bus routes serving the surrounding areas.
    DESCRIPTION
    37 Brunswick Square is internally arranged to provide ten self contained flats and seven non self contained letting rooms which
    have private shower/WCs. To the rear and situated on Brunswick Street West is a separate 2 bedroom house with patio and
    parking space. Some rents offer the buyer potential to increase the revenue from this property or from renovation/refurbishment
    subject to any necessary planning consent’s. There is also break-up potential from sales of individual flats.
    Total income £128,988 per annum (gross).




                              R
                           RIO
                        D P
                      OL
                     S
     TENANCIES                                                           TENURE
     Subject to 18 assured shorthold tenancies, as detailed              Freehold, subject to existing tenancies.
     separately in the tenancy schedule.



                                PRICE GUIDE: £1,900,000 - £2,000,000 FREEHOLD
                                                              SOLICITORS
                                       ASB Law, Innovis House, 108 High Street, Crawley RH10 1AS
                             Tel: 01293 603600 Fax: 01293 603666 DX: 57100 Crawley 1 FAO: Mr I Greenfield


8           Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014
                               16 SOUTH FARM ROAD,
LOT 4                          WORTHING, WEST SUSSEX
                               BN14 7AA
                                  Freehold café investment producing £8,150 per annum
                                  12 Year FRI lease from February 2006
                                  Busy secondary commercial thoroughfare
LOCATION
The property is on a busy parade of shops just south of Worthing Central railway crossing and opposite Tesco Express.
DESCRIPTION
The shop has A3 use and comprises a seating area and counter, separate kitchen and wc. There is a further preparation/store to
the rear of the property. Total floor area 45.5 sq m (150 sq ft).




 TENANCY                                                          TENURE
 The shop is let from 3rd February 2006 on a 12 year FRI lease    Freehold subject to the existing leases.
 at a rental of £8,000 per annum with 3 yearly rent reviews.
                                                                  OUTGOINGS
 The first floor flat is sold off on a 99 year lease from 25th    Rateable value: £4,600 per annum.
 March 2006. The flat is accessed from the rear of the
 property. Ground rent is £150 per annum (doubling every 25
 years). Each unit contributes 50% of any maintenance as and
 when required.


                               PRICE GUIDE: £90,000 - £100,000 FREEHOLD
                                                         SOLICITORS
                              Dean Wilson LLP, 96 Church Street, Brighton, East Sussex BN1 1UJ
                           Tel: 01273 327241 Fax: 01273 770913 DX: 2706 Brighton FAO: Mr D Hodge


        Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014                                           9
                                    GROUND FLOOR FLAT,
     LOT 5                          60 BUCKINGHAM PLACE,
                                    BRIGHTON, EAST SUSSEX BN1 3PJ
                                       Shared rear garden
                                       In need of modernisation & refurbishment
                                       Close to mainline station & city centre
     LOCATION
     Situated in this central and convenient location between Brighton station and the Seven Dials close to the junction of Clifton
     Street. The city centre and seafront is located approximately ¼ mile to the south.
     DESCRIPTION
     This vacant one bedroomed flat forms the whole of the ground floor of this bay fronted inner terraced property arranged as
     three self contained flats. It is in need of complete refurbishment yet retains some original features throughout. It has the
     benefit of a shared rear garden and a new lease.



                                                                         ACCOMMODATION
                                                                         HALLWAY:              Night storage heaters.

                                                                         LOUNGE:               5.82m X 3.51m (19’ x 11’6) tiled
                                                                                               fireplace, original ceiling coving, night
                                                                                               storage heater, panoramic views over
                                                                                               the city and surrounding areas.

                                                                         BATHROOM:             Side panelled bath, pedestal wash
                                                                                               basin.

                                                                         BEDROOM:              2.87m x 2.36m (9’6 x 7’9) night
                                                                                               storage heater, wardrobe
                                                                                               cupboard housing lagged copper hot
                                                                                               water cylinder/immersion heater.

                                                                         SEPARATE WC:          Low level suite.

                                                                         KITCHEN:              2.13m x 1.80m (7’ x 6’) stainless steel
                                                                                               sink unit with mixer tap, worktops
                                                                                               with cupboards, electric/gas cooker
                                                                                               points, glazed door to: REAR
                                                                                               GARDEN.

                                                                         TENURE                Leasehold with vacant possession

                                                                         OUTGOINGS
                                                                         Lease:                New 125 year lease
                                                                         Ground Rent:          TBA
                                                                         Service Charge:       TBA
                                                                         Council Tax:          Band ‘A’ - £988.32 (2010/2011)




                                  PRICE GUIDE: £120,000 - £125,000 LEASEHOLD
                                                              SOLICITORS
                                            Wedlake Bell, 52 Bedford Row, London WC1R 4LR
                             Tel: 0207 395 3000 Fax: 0207 395 3100 DX: 166 London Chancery FAO: Mr J Raj


10           Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014
                               18 NEW BROADWAY, TARRING
LOT 6                          ROAD, WORTHING, WEST SUSSEX
                               BN11 4HP
                                   Retail premises let on a 10 year FRI lease producing £4,200
                                   per annum
                                   Rent review due July 2011
                                   Upper parts sold off producing £150 per annum
LOCATION
The building is located on the northern side of Tarring Road part of a parade of shops known as New Broadway. The location is a
popular secondary trading location close to West Worthing train station.
DESCRIPTION
A purpose built building arranged as a lock up shop with a self contained flat above, now sold off and produces a ground rent of
£150 per annum. The premises extend to an area of approximately 24.4 sq m (80 sq ft) with staff toilets. Each unit contributes
50% of any maintenance as and when required.




 TENANCY                                                           OUTGOINGS
 The shop is let on a 10 year FRI lease from 26th July 2006        Rateable Value: £3,150 per annum (1st April 2010)
 with 5 yearly reviews at an annual rental of £4,200 per
 annum.
 TENURE
 Freehold subject to existing leases.


                                PRICE GUIDE: £50,000 - £55,000 FREEHOLD
                                                         SOLICITORS
                               Dean Wilson LLP, 96 Church Street, Brighton, East Sussex BN1 1UJ
                           Tel: 01273 327241 Fax: 01273 770913 DX: 2706 Brighton FAO: Mr D Hodge


        Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014                                             11
                                     74 RICHMOND ROAD, WORTHING
     LOT 7                           WEST SUSSEX BN11 4AF
                                         Freehold ground rent investment offering good potential for
                                         lease extensions
                                         Planning consent to create two additional one bedroom self
                                         contained flats
                                         Nine flats producing £425 per annum, rising to £800 in 2016
     LOCATION
     The property is situated in a pleasant tree lined road, yet within comfortable walking distance of Worthing town centre, with its
     comprehensive shopping, leisure and beach facilities.
     DESCRIPTION
     The property comprises a substantial detached Victorian house, which has been converted into nine self contained flats,
     together with an unconverted lower ground floor area, all of which have been sold on long leases. The property also now
     benefits from full planning permission to create two further residential units within the pitched roof area, offering scope for
     future sales or letting potential.

                                                                                     SCHEDULE OF LEASES
                                                                                     GROUND FLOOR
                                                                                     FLATS 1-4
                                                                                     Held on individual leases for 99 years from 25th
                                                                                     March 1983, on rising ground rents.
                                                                                     FIRST FLOOR
                                                                                     FLATS 5-8
                                                                                     Held on individual leases for 99 years from 25th
                                                                                     March 1983, on rising ground rents.
                                                                                     SECOND FLOOR
                                                                                     FLAT 9
                                                                                     Held on a lease for 99 years from 25th March 1983,
                                                                                     on a rising ground rent.
                                                                                     LOWER GROUND FLOOR AREA
                                                                                     Held on a lease for 99 years from 25th March 2001,
                                                                                     at a fixed ground rent.


      GROUND RENT SCHEDULE
      Flat 1   £25 per annum rising to £75 in March 2016                  Flat 6   £25 per annum rising to £75 in March 2016
      Flat 2   £25 per annum rising to £75 in March 2016                  Flat 7   £50 per annum rising to £75 in March 2016
      Flat 3   £50 per annum rising to £75 in March 2016                  Flat 8   £25 per annum rising to £75 in March 2016
      Flat 4   £25 per annum rising to £75 in March 2016                  Flat 9   £25 per annum rising to £75 in March 2016
      Flat 5   £50 per annum rising to £75 in March 2016                  LGF      99 years March 2011 fixed ground rent of £125 pa
                                                                          Total    £425 per annum


      PLANNING                                                            Please note:
      Full planning permission was renewed with Worthing                  1. In accordance with Section 5b of the Landlord & Tenant
      Borough Council (application number: WB/10/0335/FULL) for              Act 1987, notices were served on the lessees who have
      a period of five years from 18th June 2010. Copies of the              not reserved their rights of first refusal.
      planning permission/non material amendment – decision               2. The vacant roof void area is ‘unboarded’. For reasons of
      document and plans are available with the auctioneers.                 Health & Safety no internal inspections of the roof void
                                                                             will be permitted. Prospective purchasers should refer to
      ADDITIONAL PLANNING NOTE
                                                                             the general plans provided.
      The property had previously had the benefit of planning
      permission for the creation of one two bedroomed self               3. The parking space/cycle store area will not be included
      contained flat, although this consent has now expired, the             within the proposed sale, however they will be made
      vendors consider studio flats may present an alternative               available to rent on final completion of the proposed
      scheme, subject to all consents being obtained.                        development.

                                      PRICE GUIDE: £45,000 - £65,000 FREEHOLD
                                                               SOLICITORS
                                     Woolacott & Co, 71 South Street, Lancing, West Sussex BN15 8AP
                               Tel: 01903 763011 Fax: 01903 753216 DX: 36709 Lancing FAO: Mr G Woolacott


12             Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014
                               33A NEW ENGLAND ROAD,
LOT 8                          BRIGHTON BN1 4GG
                                   One bed flat let on AST at £600 per calendar month
                                   Close to mainline station and city centre
                                   Ideal buy to let investment
LOCATION
Situated in this central and convenient location near Preston Circus with comprehensive shopping facilities and amenities
available at nearby London Road. Brighton mainline station is located ¼ mile to the west with the city centre and seafront only ½
mile to the south.
DESCRIPTION
A self-contained one bedroom lower ground floor flat having been recently modernised and redecorated. It is let on an assured
shorthold tenancy and produces £7,200 per annum. It is fully carpeted throughout has the benefit of electric storage heating
and modern fixtures and fittings.




 ACCOMMODATION                                                      TENANCY
 Ground Floor: Entrance lobby with stairs down to:-                 Let on a six month assured shorthold tenancy from 27th
                                                                    November 2010 at rental of £600 per calendar month.
 Lower Ground Floor: Inner hallway
 Bathroom: Part tiled white suite comprising side panelled
                                                                    TENURE
 bath, pedestal wash basin, low level W.C.                          Leasehold, subject to the existing tenancy.

 Bedroom: 3.53m x 2.44m (11’ 7 x 8’) Electric storage heater,       OUTGOINGS
 airing cupboard housing lagged copper hot water                    Lease: 125 years from 1st January 2006.
 cylinder/immersion heater fitted.                                  Ground rent: £50 per annum
 Lounge with incorporated Kitchen (l-shaped): 6.5m x                Service charge: TBA
 4.2m (narrowing to 3.3m) (21’ 6 x 14’ narrowing to 11’) Work
 surface with inset stainless steel sink unit with drawers,         Council Tax: Band ‘A’ - £988.32 (2010/2011)
 cupboards and appliance space below, inset electric hob
 and oven below with extractor hood over, matching range
 of wall mounted units, two electric storage heaters


                              PRICE GUIDE: £90,000 - £100,000 LEASEHOLD
                                                         SOLICITORS
                                       Howlett Clarke, 29 Boundary Road, Hove BN3 4EF
                         Tel: 01273 419728 Fax: 01273 430193 DX: 92704 Portslade FAO: Bernard Yates


        Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014                                              13
                                     2/21 BURLINGTON STREET,
     LOT 9                           BRIGHTON, EAST SUSSEX BN2 1AU

                                         Newly converted high spec vacant studio flat
                                         Just off Kemp Town seafront
                                         Ideal buy to let/holiday home/pied à terre

     LOCATION
     Situated in the heart of Brighton’s Kemp Town Village between St Georges Road and Marine Parade. The seafront is situated
     approx 100m to the south with the comprehensive shopping facilities and amenities of the city centre are located ½ mile to the
     west.
     DESCRIPTION
     The flat forms the rear part of the first floor of this newly converted inner terraced property. It has been recently refurbished
     throughout to provide eight self contained units. It has the benefit of fully fitted micro kitchen with integrated fridge and built in
     electric hob, oak wood flooring and luxury shower room / WC.




                                                                   ACCOMMODATION
                                                                   STUDIO ROOM:                  3.56m x 3.35m (11’8 x 11’) integrated
                                                                                                 micro kitchen with fitted appliances, door
                                                                                                 entryphone.
                                                                   SHOWER ROOM/WC:               Luxury tiled unit with fitted shower
                                                                                                 cubicle with fitted electric shower unit,
                                                                                                 wash hand basin, low level WC.
                                                                   TENURE                        Leasehold with vacant possession.
                                                                   OUTGOINGS
                                                                   Lease:                        New 125 year lease
                                                                   Ground Rent:                  £200 per annum
                                                                   Service Charge:               £400 per annum (plus 5% of total
                                                                                                 expenditure)
                                                                   Council Tax:                  TBA




                                                                    Typical integrated kitchen                   Typical shower room/WC


                                     PRICE GUIDE: £80,000 - £85,000 LEASEHOLD
                                                                SOLICITORS
                                         D.S. Bosher & Co, 24-26 Blatchington Road, Hove BN3 3YN
                                           Tel: 01273 721913 Fax: 01273 775321 FAO: Mr D Bosher


14           Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014
                                4/21 BURLINGTON STREET,
LOT 10                          BRIGHTON, EAST SUSSEX BN2 1AU

                                   Newly converted high spec studio flat let on AST
                                   Just off Kemp Town seafront
                                   Ideal buy to let/holiday home/pied à terre

LOCATION
Situated in the heart of Brighton’s Kemp Town Village between St Georges Road and Marine Parade. The seafront is situated
approx 100m to the south with the comprehensive shopping facilities and amenities of the city centre are located ½ mile to the
west.
DESCRIPTION
The flat forms the rear part of the second floor of this newly converted inner terraced property and is let on an assured shorthold
tenancy producing £6,300 per annum. It has been recently refurbished throughout to provide eight self contained units. It has
the benefit of fully fitted micro kitchen with integrated fridge and built in electric hob, oak wood flooring and luxury shower
room / WC.



                                                             ACCOMMODATION
                                                            STUDIO ROOM:                  3.56m x 3.35m (11’8 x 11’) integrated
                                                                                          micro kitchen with fitted appliances,
                                                                                          door entryphone.
                                                            SHOWER ROOM/WC:               Luxury tiled unit with fitted shower
                                                                                          cubicle with fitted electric shower unit,
                                                                                          wash hand basin, low level WC.
                                                            TENANCY                       Let on a 6 month assured shorthold
                                                                                          tenancy at £525 pcm from
                                                                                          5th January 2011.
                                                            TENURE                        Leasehold, subject to the existing
                                                                                          tenancy.
                                                            OUTGOINGS
                                                            Lease:                        New 125 year lease
                                                            Ground Rent:                  £200 per annum
                                                            Service Charge:               £400 per annum (plus 5% of total
                                                                                          expenditure)
                                                             Council Tax:                 TBA




                                                             Typical integrated kitchen                  Typical shower room/WC


                               PRICE GUIDE: £80,000 - £85,000 LEASEHOLD
                                                          SOLICITORS
                                   D.S. Bosher & Co, 24-26 Blatchington Road, Hove BN3 3YN
                                     Tel: 01273 721913 Fax: 01273 775321 FAO: Mr D Bosher


        Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014                                                15
                                     5/21 BURLINGTON STREET,
     LOT 11                          BRIGHTON, EAST SUSSEX BN2 1AU

                                         Newly converted high spec vacant studio flat
                                         Just off Kemp Town seafront
                                         Ideal buy to let/holiday home/pied à terre

     LOCATION
     Situated in the heart of Brighton’s Kemp Town Village between St Georges Road and Marine Parade. The seafront is situated
     approx 100m to the south with the comprehensive shopping facilities and amenities of the city centre are located ½ mile to the
     west.
     DESCRIPTION
     The flat forms the front part of the second floor of this newly converted inner terraced property. It has been recently refurbished
     throughout to provide eight self contained units. It has the benefit of fully fitted micro kitchen with integrated fridge and built in
     electric hob, oak wood flooring and luxury shower room / WC.




                                                                   ACCOMMODATION
                                                                   INNER LOBBY:               Door entryphone.
                                                                   STUDIO ROOM:               5.23m x 2.80m (17’2 x 9’2) integrated
                                                                                              micro kitchen with fitted appliances, door
                                                                                              entryphone.
                                                                   SHOWER ROOM/WC:            Luxury tiled unit with fitted shower
                                                                                              cubicle with fitted electric shower unit,
                                                                                              wash hand basin, low level WC.
                                                                   TENURE                     Leasehold with vacant possession.
                                                                   OUTGOINGS
                                                                   Lease:                     New 125 year lease
                                                                   Ground Rent:               £200 per annum
                                                                   Service Charge:            £400 per annum (plus 5% of total
                                                                                              expenditure)
                                                                   Council Tax:               TBA




                                                                    Typical integrated kitchen                 Typical shower room/WC


                                     PRICE GUIDE: £80,000 - £85,000 LEASEHOLD
                                                                SOLICITORS
                                         D.S. Bosher & Co, 24-26 Blatchington Road, Hove BN3 3YN
                                           Tel: 01273 721913 Fax: 01273 775321 FAO: Mr D Bosher


16           Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014
                                6/21 BURLINGTON STREET,
LOT 12                          BRIGHTON, EAST SUSSEX BN2 1AU

                                    Newly converted high spec vacant studio flat
                                    Just off Kemp Town seafront
                                    Ideal buy to let/holiday home/pied à terre

LOCATION
Situated in the heart of Brighton’s Kemp Town Village between St Georges Road and Marine Parade. The seafront is situated
approx 100m to the south with the comprehensive shopping facilities and amenities of the city centre are located ½ mile to the
west.
DESCRIPTION
The flat forms the rear part of the third (top) floor of this newly converted inner terraced property. It has been recently
refurbished throughout to provide eight self contained units. It has the benefit of fully fitted micro kitchen with integrated fridge
and built in electric hob, oak wood flooring and luxury shower room / WC.




                                                              ACCOMMODATION
                                                              STUDIO ROOM:                 3.58m x 3.28m (11’9 x 10’9) integrated
                                                                                           micro kitchen with fitted appliances, door
                                                                                           entryphone.
                                                              SHOWER ROOM/WC:              Luxury tiled unit with fitted shower
                                                                                           cubicle with fitted electric shower unit,
                                                                                           wash hand basin, low level WC.
                                                              TENURE                       Leasehold with vacant possession.
                                                              OUTGOINGS
                                                              Lease:                       New 125 year lease
                                                              Ground Rent:                 £200 per annum
                                                              Service Charge:              £400 per annum (plus 5% of total
                                                                                           expenditure)
                                                              Council Tax:                 TBA




                                                              Typical integrated kitchen                  Typical shower room/WC


                                PRICE GUIDE: £80,000 - £85,000 LEASEHOLD
                                                           SOLICITORS
                                   D.S. Bosher & Co, 24-26 Blatchington Road, Hove BN3 3YN
                                      Tel: 01273 721913 Fax: 01273 775321 FAO: Mr D Bosher


        Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014                                                  17
                                     7/21 BURLINGTON STREET,
     LOT 13                          BRIGHTON, EAST SUSSEX BN2 1AU

                                         Newly converted high spec vacant studio flat
                                         Just off Kemp Town seafront
                                         Ideal buy to let/holiday home/pied à terre

     LOCATION
     Situated in the heart of Brighton’s Kemp Town Village between St Georges Road and Marine Parade. The seafront is situated
     approx 100m to the south with the comprehensive shopping facilities and amenities of the city centre are located ½ mile to the
     west.
     DESCRIPTION
     The flat forms the front part of the third (top) floor of this newly converted inner terraced property. It has been recently
     refurbished throughout to provide eight self contained units. It has the benefit of fully fitted micro kitchen with integrated fridge
     and built in electric hob, oak wood flooring and luxury shower room / WC.




                                                                   ACCOMMODATION
                                                                   INNER LOBBY:                 Door entryphone.
                                                                   STUDIO ROOM:                 5.18m x 2.6m (17’ x 8’6’) integrated micro
                                                                                                kitchen with fitted appliances, door
                                                                                                entryphone.
                                                                   SHOWER ROOM/WC:              Luxury tiled unit with fitted shower
                                                                                                cubicle with fitted electric shower unit,
                                                                                                wash hand basin, low level WC.
                                                                   TENURE                       Leasehold with vacant possession.
                                                                   OUTGOINGS
                                                                   Lease:                       New 125 year lease
                                                                   Ground Rent:                 £200 per annum
                                                                   Service Charge:              £400 per annum (plus 5% of total
                                                                                                expenditure)
                                                                   Council Tax:                 TBA




                                                                   Typical integrated kitchen                   Typical shower room/WC


                                     PRICE GUIDE: £80,000 - £85,000 LEASEHOLD
                                                                SOLICITORS
                                        D.S. Bosher & Co, 24-26 Blatchington Road, Hove BN3 3YN
                                           Tel: 01273 721913 Fax: 01273 775321 FAO: Mr D Bosher


18           Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014
                               25 TYEDEAN ROAD, TELSCOMBE
LOT 14                         CLIFFS, EAST SUSSEX BN10 7AT

                                  Spacious detached bungalow with driveway & gardens
                                  In need of complete renovation
                                  Convenient location close to the seafront and local amenities
LOCATION
Telscombe Cliffs is situated between Peacehaven and Saltdean and is approximately 7 miles from Brighton. Comprehensive
local shopping facilities and amenities are available at Peacehaven which is ½ mile to the east. Tyedean Road lies between
Springfield Avenue and Amhurst Road which is just off the main A259 coastal link road.
DESCRIPTION
This detached bungalow requires complete renovation throughout but provides spacious accommodation with the benefit of off
road parking and gardens to the front and rear. The loft has been partially converted to provide additional accommodation and
it is offered with vacant possession.




 ACCOMMODATION
 GROUND FLOOR
 ENTRANCE HALL:       Glazed door to: CONSERVATORY (not inspected)
 ROOM 1:              3.35m x 3.05m (10’10 x 10’)
 ROOM 2:              3.66m x 2.74m (12’ x 9’)
 ROOM 3:              4.9m x 3.35m (16’ x 11’)
 ROOM 4:              2.67m x 2.34m (8’9 x 7’8)
 ROOM 5:              6.25m x 3.43m (20’6 x 11’3)
 ROOM 6:              7.52m x 3.66m (24’8 x 12’) Glazed double door to:
 EAST FACING REAR GARDEN with side access leading to west facing front gardens. Driveway with off street parking.
 There is a partially converted loft space with glazed double doors and 4 velux windows.
 We are unaware whether the work has been carried out with building regulation consents. Prospective buyers must make their
 own enquiries with Lewes District Council (www.lewes.gov.uk).
 TENURE Freehold with vacant possession.


                              PRICE GUIDE: £100,000 - £110,000 FREEHOLD
                                                        SOLICITORS
                                   Martin Cray & Co, 177 Edward Street, Brighton BN2 0JB
                         Tel: 01273 675221 Fax: 01273 621715 DX: 2725 Brighton1 FAO: Martin Mitten


        Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014                                          19
                                    LAND AT 133 WESTBOURNE STREET
     LOT 15                         & 75 MONTGOMERY STREET,
                                    HOVE, BN3 5QT
                                        Consent for a new residential development of 4 units
                                        Option to re-instate commercial buildings (part-destroyed by fire)
                                        Site area approximately 267 sq m (2870 sq ft)
     LOCATION
     The site is situated in the popular Poets Corner area of Hove, which is to the west of Sackville Road and north of Portland Road.
     More particularly to the north-east of where Westbourne St and Montgomery Street intersect.
     The location has a strong residential market with good local retailers in the immediate area, approximately a ¼ mile distance to
     Hove main line train station, and in similar distance to Hove seafront.
     DESCRIPTION
     This corner plot of land is part-occupied by a fire-damaged two storey commercial building at 75 Montgomery Street. Other
     buildings have been demolished and the site is boarded up. The previous two storey buildings comprised a Victorian
     garage/workshop with storage fronting Westbourne St and a workshop/store with office fronting Montgomery St. It extends to
     267 sq m (2870 sq ft).




      PLANNING
      Permission ref: BH2009/01360 allows for the demolition of 75 Montgomery Street and construction of 2 x two storey buildings
      comprising of 4 new residential units. The plans allow for 2 x two bed flats and 2 x one bed flats and are available for
      inspection at the auctioneers offices.
      Further details about the planning consent can be found at the planning register
      at: www.brighton-hove.gov.uk/index.cfm?request=c1199915.
      Please note that the Section 106 agreement has been implemented by the vendors.
      There may be scope for alternative schemes subject to a new application. The original scheme (plans dated March 2009)
      included an additional 2 bed 2 storey unit adjoining 75 Montgomery Street. This was considered overdevelopment despite
      there being a building on the site prior to the fire. This was not tested through the appeal process.



20           Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014
LAND AT 133 WESTBOURNE STREET &
75 MONTGOMERY STREET, HOVE, BN3 5QT
– CONTINUED




       Ground Floor




First Floor                                                  Second Floor
                      TENURE                                            OUTGOINGS
                      Freehold with vacant possession.                  Nil; to be re-assessed.




                         PRICE GUIDE: £300,000 - £325,000 FREEHOLD
                                                  SOLICITORS
                                Dean Wilson LLP, 96 Church Street, Brighton BN1 1UJ
                      Tel: 01273 327241 Fax: 01273 770913 DX: 2706 Brighton FAO: Siobhan Cox


      Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014              21
                                                   Memorandum
     Date

     Name and address of seller




     Name and address of buyer




     Lot


     Price (In words, excluding any VAT)




     Deposit (minimum £2000)


                PARSONS SON AND BASLEY ACKNOWLEDGE RECEIPT OF THE DEPOSIT

     Balance


     The seller agrees to sell and the buyer agrees to buy for the price.


     This agreement is subject to the conditions so far as they apply to the lot.


     I/we the above named buyer/s hereby acknowledge that I/we have today purchased the property described above and in the

     attached particulars and have paid to Parsons Son and Basley the above mentioned deposit in part payment of the above
     mentioned purchase price.


     It is acknowledged and warranted that I as the person who bid for the lot and have signed this memorandum if not the

     buyer/s named above have authority to act on behalf of the buyer/s.


     I have read, understand and agree to the General and Special conditions of Sale, any addenda and the notes for bidders.


     Signed by the buyer/s


     Signed by us as agent for the seller                                                                 [Parsons Son & Basley]


     The buyer's solicitor is




     Completion date:


                                PLEASE DO NOT DETACH THIS PAGE FROM THE CATALOGUE

22             Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014
         Priority Auction & Development Mailing List
If you wish to remain on our mailing list for 2011, please complete and return the pro-forma below, If you do not, we will
assume you no longer wish to receive property particulars and your details will be removed from our mailing list at the
beginning of 2011.


If you wish to receive our Auction Catalogue for the next 12 months direct, please attach your cheque in the sum of £15 made
payable to Parsons Son & Basley, 32 Queens Road, Brighton, East Sussex BN1 3YE.


   Cheque for £15.00 enclosed




                                                   EMAIL UPDATE LIST

If you would like to receive via email details of auctions and other properties available please complete the form below
including your email address.This is free of charge but does not guarantee any priority service.


   Please tick if you would like email updates



   Please tick if you wish to be contacted by our Commercial Department

   Please tick if you wish us to contact you regarding property acquisition

   Would you like us to contact you concerning property management, including valuation, letting, rent reviews or building
   surveying?



Are you looking for leasehold      or freehold     (please tick)

What price range would you consider?        Up to £100,000           Up to £250,000        Up to £500,000       Over £500,000

Particular property requirements



Are you looking for:    Residential Investment        HMO's          Land                 Refurbishment/Renovation
                        Commercial Investment         Garages        Development          Regulated tenancies

Location:       Brighton & Hove      East Sussex        West Sussex          South East
            or more specifically




Name:                                                              Company

Address:

                                                                   Post Code:

Email:

Telephone No:                                                      Mobile No:



         Richard Payne Direct Tel: 01273 274010 Jenni Freeborn Direct Tel: 01273 274014                                         23
            BRIGHTON                                                  BOGNOR
      32 Queens Road, Brighton,                            Alma Place, 11 Lennox Street,
         East Sussex BN1 3YE                           Bognor Regis, West Sussex P021 1LZ
Tel: 01273 326171 Fax: 01273 821224                    Tel: 01243 868600 Fax: 01243 842438
   Email: property@psandb.co.uk                            Email: bognor@psandb.co.uk


                                           HASTINGS
                                     72 1/2 High Street, Hastings,
                                        East Sussex TN34 3EL
                                Tel: 01424 722711 Fax: 01424 722577
                                   Email: hastings@psandb.co.uk




        Chartered Surveyors • Valuers
        Auctioneers • Estate Agents                             Chartered Surveyors • Valuers
              Established 1825                                  Auctioneers • Estate Agents
                                                                      Established 1825


           COMMERCIAL                                              RESIDENTIAL
                                                                   RESIDENTIAL


       RESIDENTIAL AND                                         RESIDENTIAL SALES
    COMMERCIAL AUCTIONS                                          Brian Woodwiss
      AND ACQUISITIONS                                            Hugh Tucknott
         Richard Payne
         Jenni Freeborn                                      RESIDENTIAL LETTINGS
                                                                   Julian Bishop
     COMMERCIAL SALES                                          Karen Baker (Bognor)
        AND LETTINGS
         Barry Hough
                                                          RESIDENTIAL MANAGEMENT
   Matthew Wakeman (Bognor)
                                                                  Miles Clark
        LEASE RENEWALS
       AND RENT REVIEWS                                    RESIDENTIAL VALUATIONS
      Keith Brinsmead MRICS                                    Paul Holder MRICS
        Paul Holder MRICS
       Tim Finlinson MRICS                                 LEASEHOLD EXTENSIONS/
                                                             ENFRANCHISEMENT
      MANAGEMENT AND                                          Geoff Holden FRICS
     INVESTMENT SERVICES
      Keith Brinsmead MRICS                                 CONSULTANT BUILDING
                                                                  SURVEYOR
   If you have any other requirements
       please call any of the above.                   Martyn Surman FRICS, F B Eng., FIAS



                   the next auction is 20 May 2011

								
To top