Clive Emson Auctioneers - the independent, family-run firm - had a record-breaking 2015, cataloguing 1,153 lots and selling £145 million worth of property. December’s four auctions alone saw sales of £15m with a success rate of more than 85% from a catalogue of 125 lots.
The first of Clive Emson’s regional Sussex and Surrey auctions in 2016 is being staged at the Brighton Metropole on Wednesday 10th February at 11am.
A stunning seafront property in a sought-after Hove location will be auctioned as an investment opportunity. The substantial Grade II Listed, mid-terrace, four-storey property has a freehold guide price of £750,000 plus. Currently arranged as five self-contained flats, bay-fronted 42 Lansdowne Place is among 25 lots in Sussex and Surrey being sold.
Auctioneer Richard Payne said: “This stunning building generates £25,500 per annum in rents with two flats currently vacant. We estimate it would be £45,000 per annum fully let. The property is situated in a sought after seafront location at the southern end of Lansdowne Place, on the east side. There are shopping facilities and amenities in the immediate vicinity with Hove mainline railway station a mile to the west.”
Clive Emson Auctioneers holds eight rounds of auctions at five locations from Essex to Cornwall on consecutive days every six weeks, this time with a total of 159 lots.
www.cliveemson.co.uk
Tel: 0345 8500333
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