Crowborough mixed-use property up for auction as an investment.
A mixed-use property in the heart of Crowborough will be auctioned as an investment in December.
Clive Emson Auctioneers, one of the top five property auctioneers in the UK, has placed The Old Bank, Beacon Road as one of 163 lots in the recent auction conducted across southern England.
It is advertised with a freehold guide price of £280,000 to £300,000 and is scheduled to be auctioned off on Thursday, December 11th.
The fully-occupied property, which is now rented out for £27,960 per year, consists of a ground-floor commercial unit leased to a company of solicitors and an upper-floor two-bedroom flat.
Auctioneer Jade Flood stated, “Both units will be offered with tenants in place, making this an appealing investment opportunity with immediate rental income. We anticipate significant demand from investors looking to add a mixed-use property to their portfolios.”
Beacon Road is a well-established street featuring a variety of local stores, cafes, and utilities. The town core and mainline train station are also nearby, offering easy access to London and the South Coast.
The A26 and A22 have excellent road links, making Tunbridge Wells, Lewes, and the surrounding districts easily accessible.
The sale also includes a three-bedroom semi-detached property in south Uckfield that has to be repaired.
Columbine Cottage at 13 New Town is available for a freehold guide price of £130,000 to £140,000 with vacant possession. Jade went on:
“This property is arranged over three floors and is in need of repair and refurbishment but has the potential to be a lovely home once works have been carried out.”
It is located in a key area, just a short walk from Uckfield High Street, which includes extensive shopping facilities, schools, a leisure complex, and a mainline station.
The A22, A26, and other nearby roads provide great access to London and Gatwick Airport. Watch this video: Clive Emson Auctioneers organises auctions eight times a year and provides specialist auction advise from offices in Essex, Kent, Sussex, Hampshire, and the West Country.
They sell with skill, speed, and efficiency. Bidding for the current auction, the eighth and last one of the year, begins on Tuesday, December 9 and ends Thursday, December 11.
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