17 Western Road
Bexhill-On-Sea
East Sussex
TN40 1DU
De La Warr Mews, Bexhill-On-Sea
Offers In The Region Of £450,000 Sold
Garage - Lockup
- MEWS PROPERTIES
- COMMERCIAL INVESTMENT
- CENTRAL BEXHILL
- RENTAL INCOME
- THRIVING COMMUNITY
INVESTMENT OPPORTUNITY IN CENTRAL BEXHILL. A small mews styled investment opportunity affords itself in central Bexhill.
Part of de La Warr Mews is up for sale. With an annual income of approx. £38,000, this well run and inviting small business cottage industry setting provides a list of individual businesses with a difference, having eight commercial units, and three flats each tenant occupied.
Situated in Station Road, with the town centre, mainline railway station and beach, right on your doorstep. For an appointment to view, please call me on 01424 224242. Viewing strictly by appointment. There are numerous EPC's and they are available on request
UNIT 5A
UNIT 5B
UNIT 6
UNIT 7
UNIT 8
UNIT 9
UNIT 10
UNIT 11
FLAT 3
FLAT 4
)
FLAT 5
INFORMATION
Access to the Mews is via a shared driveway and forecourt and parking area. There is a communal bathroom and WC for both Male and female.
TOTAL RENTAL INCOME IS £38,008.92
LEASE AGREEMENTS
UNIT 5A A 3 YEAR LEASE ENDING 17/06/2024
UNIT 8 A 1 YEAR LEASE ENDING 27/05/2022
UNIT 11 A 1 YEAR LEASE ENDING 06/10/2022
FLAT 4 A 1 YEAR LEASE ENDING ON 29/05/2022
ALL OTHER UNITS ON A MONTH-ON-MONTH BASIS
EXPENDITURE:
CLEANING WC = £1,500
REFUSE COLLECTION = £1.441.20
WATER = £1,303.32
BUILDINGS INSURANCE = £1538.79
TOTAL = £6,307.26
OTHER INFORMATION
PLEASE NOTE. Redwell Estates do not test any of the services supplied and any appliances mentioned in these sale particulars have not been tested and no warranty can be given. It should also be noted that measurements quoted are given for guidance only and are approximate and should not be relied upon for any other purpose. If you require any further information, please give us a call on 01424 224242, especially if you are travelling some distance.
COVID
Hi, due to the current pandemic situation viewings can be carried out at this property however; you may be required to wear a face covering if you are currently testing positive when viewing.
Viewers are advised to carry their own protective PPE equipment such as a face mask and gloves and wipes. The property will be opened for you to enter and all doors will be open. Viewers are asked not to touch anything within the property and to adhere to social distancing rules. Under Covid regulations only 2 (two) persons will be allowed to view this property at any one time and only viewers who are permitted to view (in a position to proceed) will be allowed an appointment.
MONEY LAUNDERING REGULATIONS
In line with The Money Laundering, Terrorist Financing and Transfer of Funds (information on the Payer) Regulations 2017, as a regulated profession, we are duty bound to carry out due diligence on all of our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history. By signing this agreement as the seller (or purchaser) you understand that we will undertake a search with Credit Referencing Agencies for the purposes of verifying your identity. To do so the Credit Referencing Agencies may check the details you supply against any particulars on any database (public or otherwise) to which they have access. They may also use your details in the future to assist other companies for verification purposes. A record of the search will be retained.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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