Let on a short term lease to Brighton & Hove City Council for an initial period of 7 years expiring on 25th April 2019. However by mutual agreement the lease will be renewed for a further period of one year thereby expiring on 25th April 2020. The current passing rent is £575 per month.
Bedroom - 4.7m x 2.2m
Lounge - 4.4m x 2.9m
Kitchen 4.1m x 1.6m
The property is situated in Newhaven Town Centre in a conveniently within easy reach of local shops, mainline railway station, harbour and bus services.
The lease of the flat has an unexpired term of 84 years.
Guide prices are provided as an indication of the seller’s current minimum acceptable price at auction. They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.
The reserve price is the minimum acceptable price under the hammer, which remains confidential, and may change at any time prior to the auction. Unless otherwise stated, each property will be sold subject to a reserve. The reserve is expected to be set no more than 10% above a fixed figure guide price, or within a guide price range.