For Sale by Auction on 12th December 2024, Freehold Former Bank Premises, 7-9 Devonshire Road, Bexhill on Sea, TN40 1BD

For Sale by Auction on 12^th December 2024

Two adjoining properties that was formerly used as a bank with ancillary offices and storage. The properties are four storey and totals about 435 sq m (4,681 sq ft). There is the potential to split the ground floor or be occupied by a single occupiers and self contain and convert the upper floors into residential units, subject to obtaining all necessary consents.

Location

Bexhill-on-Sea is a seaside town and civil parish located in South East Sussex. It is located along the Sussex Coast and between the towns of Hastings and Eastbourne. Bexhill is on the A259 road which forms the coast road between Folkestone and Brighton. The property occupies a prominent pitch at the northern end of Devonshire Road with nearby occupiers that include Holland & Barrett, Boots and Co-Op amonst othe main and independent retailers.

Accommodation

Basement - 855 sq ft

Ground Floor - 1,922 sq ft

First Floor - 1,023 sq ft

Second Floor - 881 sq ft

Total - 4,681 sq ft

Terms

Tenure - Freehold

Guide Price - £320,000; Bidder Security £3,500 *fully refundable if unsuccessful bidder.

Planning - Rother District Council (01424 787000) www.rother.gov.uk

Specification

• This sale is conditional and is subject to confirmation by the seller, who will accept or decline the highest bid no longer than five working days from the bidding closing time 
• By order of National Westminster Group
• Freehold former bank premises totalling approximately 435 sq m (4,681 sq ft)
• Located in the heart of Bexhill-on-Sea
• Opportunity for redevelopment of the upper floors, subject to obtaining the necessary consents
• Of interest to developers/owner occupiers and investors
• Vacant possession