The newest luxury homes for sale in East Sussex

luxury homes for sale

The newest luxury homes for sale in East Sussex

The small market towns and the picture postcard villages in rolling countryside make owning a latest luxury home in East Sussex something further special. With its great road and rail links to the coast and to London, easy access to Gatwick airport and first-class schools, East Sussex is a well-liked destination for families looking for something special. Described as ‘the cream of the crop’ by developers Ward Homes, Ashdown Place enjoys a stunning spot in the village of Five Ash Down, just outside the market town of Uckfield. These traditionally designed and built new homes comprise the luxury five-bedroom ‘Crowborough’, a separate home over three floors. The large kitchen/breakfast room lies at the heart of this family home, and is fitted to the highest standards, with open views of the rear garden and separate utility room. A formal dining room and large lounge make this the wonderful home for entertaining. Five bedrooms are set over two floors, with two en suites, a family bathroom and further shower room.

Mayfield Grange, Mayfield, lies in the heart of the county, just fifteen minutes from Royal Tunbridge Wells, with fast road and rail links to London. Weston Homes has completely refurbished the 19th-century Great Hall at Mayfield Grange, creating a series of superb new homes set in 20 acres of grounds. Plot 5 is a two-bedroom, first-floor fully furnished show home, priced at £545,000. This unique luxury home comprises 20-feet master bedroom, with en suite and 22-foot second bedroom, both with en suite bathrooms featuring Roca sanitaryware and solid-oak cupboards. Across the hallway, a 600-sq-ft living room leads to a fitted kitchen including a full range of Smeg appliances, stone work surfaces and under-pelmet lighting for that extra luxury feel.
Berkeley Homes is offering luxury by the sea at its All Saints development. Another stunning refurbishment of an historic building set in manicured lawns and gardens, All Saints sits close to parkland leading to Beachy Head and near to the beaches and facilities of the thriving town of Eastbourne. A limited number of two-bedroom apartments are available with prices ranging from £275,000 to £375,000.

Plot 14 is a luxury apartment set over two floors. Accommodation includes an open-plan kitchen/dining/living area, large bathroom and upper floor master bedroom with en suite and study. Finished to the highest standards, and close to all amenities, All Saints makes the perfect home by the sea, or retirement home for those seeking to downsize, with a full concierge service, including laundry, taxi and chauffeur services, reading room and residents’ gym.

There is just one home left for sale at Emett Gardens in the sought-after village of Ditchling. Hillreed Homes is presenting a rare opportunity to purchase a high-specification new-build home in this charming location. There are just three homes at Emett Gardens and the remaining five-bedroom detached property, the ‘Bromley’, exemplifies the attention to detail and uncompromising standards that have been applied at the development. The £1.2 million price tag secures a superbly designed, spacious home with ample reception rooms, two en suite bedrooms, an integral double garage and a large, secluded plot.

Crowborough is a busy market town with prosperous town centre, high street and regular farmers’ market. Two golf clubs and good local schooling and amenities make this a highly attractive area that is less than one hour by train from central London. Antler Homes is offering luxury living at Milne Square, Crowborough Hill, with prices from £417,950. Quality finishes are the hallmark of the ‘Hatch’ four-bedroom detached house at Milne Square, which benefits from spacious rooms and offers a wow factor in the shape of a spectacular vaulted ceiling lantern in the open-plan kitchen/family area.

A large living room leads onto a good-size rear garden and a separate study and downstairs cloakroom add to the feeling of space. Four bedrooms are set over the first floor, and include two en suites, a family bathroom and built in wardrobes. Alongside the house, which is priced at £525,000, is a double garage with private drive way offering parking for two additional cars.

Tags: , ,

Penny’s Diner property for auction

Posted by MagicTruth | Assets For sale,Building for sale,Commercial real estate,property for sale,Real estate news | Friday 17 February 2012 12:31 am
One of the South Side’s long time breakfast spots has been closed and is up for auction.

The property long known as the location of Tom’s Dinner, which more recently went through a remodel and branding to Penny’s Diner, is on the market.

A marketing flyer for the property lists both the diner location and a neighboring night club also owned by diner owner Penny Folino at 1719 and 1721 Carson Street as available for $1.6 million.

The sale includes a liquor license and two neighboring restaurant equipped storefronts that offer a total of 40 feet or frontage on a busy stretch of Carson Street. Jared Imperatore and J.R. Yocco of Grant Street Associates are representing the property.

Imperatore emphasized that the remaining business continues to operate through the sales process but not as Penny’s Diner. Folino wants to sell the property in order to pursue other ventures, added Imperatore, who expects the place in the 1700 block of Carson Street to generate plenty of interest.

“That stretch between Nakama and Fathead’s is the best retail place on Carson Street,” he said.

Aaron Sukenik, the business district manager for the South Side Local Development Co., said the plan to sell marks the end of a long-popular breakfast spot on the South Side, where Tom’s Diner had a long run before recently being converted to Penny’s Diner.

The neighborhood only has a few other places that serve a breakfast customer, he added, noting Caffe Davio, O’Leary’s and Bruegger’s Bagels as examples.

“It’s disappointing because she has a pretty long standing legacy with Tom’s Diner,” he said.

Tags: ,

Auction of land to Kohl’s confirmed

Posted by MagicTruth | Building for sale,buildings for sale,land and plot sale,property for sale,real estate,sale of property | Saturday 17 September 2011 9:52 am

The sale of land

The Wisconsin-based department store chain buys 4.65 acres of land at Seminary Square from Knoxville, Tenn.-based Horne Real Estate for $625,000, according to the filing.

The sale was confirmed Sept. 9.

In June, Kohl’s declared it would build a store at Seminary Square, and the city permitted $1.25 million in incentives.

Neither Kohl’s nor Horne officials were available for comment late Friday afternoon, but Kohl’s Real Estate Manager Mark Lee has earlier said groundbreaking will take place in the spring of 2012 with a grand opening in the fall of 2012.

The store will face Menards and Walmart Supercenter near Sandburg Drive. The store is expected to provide 130 jobs, which would be equal to 55 full-time positions. The total payroll is expected to be $1.17 million annually.

As part of the incentive package, Kohl’s will receive a tax rebate of 1 percent of its annual sales until $1.2 million is gave to the store. It’s expected that rebate will exist between 10 and 20 years. The department store giant also will receive a sales tax repayment after the store is built for construction materials bought in the city up to $50,000 and a Federal Workforce Tax Credit.

Lee earlier had told the Galesburg City Council the store will be Leadership in Environmental and Energy Design certified to meet environmental standards.

A survey conducted by the city in 2008 “ranked Kohl’s as the number one retailer they would like to see place in Galesburg, and that Galesburg would be a good market due to a shortage of retail apparel stores,” city officials have affirmed.

Tags: , ,

Greater London’s Tower 42 Is for auction at 3% Discount to Price Last Year

Tower 42, the first skyscraper built in London’s main financial district, was put up for sale at a 3 percent discount from the price its owners previously sought 17 months ago.

Funds managed by BlackRock Inc. and LaSalle Investment Management are looking for in excess of 290 million pounds ($457 million) for the 600-foot (185 meter) tower and five other buildings on the 2.2-acre (0.89-hectare) site, the companies said today in a announcement.

Tower 42′s owners withdrew it from the market in August 2010 even though they received major offers for the property, which had an asking price of more than 300 million pounds. At the time, they said they would proceed with their own redevelopment projects for the buildings and focus on leasing space to capitalize of rising office rents in the City of London.

LaSalle Investment has while replaced Hermes Real Estate as manager of the Royal Mail Pension Plan fund, which has a 50 percent stake in the estate.

Office values in central London have got on investor demand pulled by a weak pound and as a shortage of prime space is lifting rents. Jones Lang LaSalle Inc. was rehired to manage the property’s auction.

Tags: ,

Corner site building for sale in Rotorua

Posted by MagicTruth | Building for sale,property for sale,real estate,Real estate news,sale of property | Friday 2 September 2011 4:31 pm
proprty for sale

A high profile central city property with two good-established tenants is on the market for sale.

The 761 square metre two-level building is placed on the corner of Amohia and Eruera Streets in Rotorua’s central business district outer boundary.

The building is split into two tenancies on separate rentals, with a total site area of 1012 square metres of leasehold land, including 12 on-site car parks. It is presently tenanted by Rotorua Realty Services Limited, trading as LJ Hooker, as well as Lighting Plus Limited.

The gross annual rental income is $93,000, which include an annual ground rental of $23,400+GST, giving a net annual return of $69,600.

The site has a capital valuation of $995,000 dating from 2008, as well as an improvement value of $465,000. The rates are $10,072 a year plus GST.

The holding is being auctioned for sale on September 8 through Bayleys Real Estate and is being marketed by Bayleys Rotorua salesperson.

Mr. Wilson said the quality of the place and the overall appearance of the building would rival other investment opportunities in the area.

Rotorua Realty Services Limited presently has a six-year lease, with one three-year right of renewal, taking the tenancy to 2018. The annual rental is $35,000 plus GST. Lighting Plus Limited has a six year tenancy, with two six year rights of renewal, taking the tenancy to 2029. The annual rental is $58,000 + GST.

The land is rent from Ngati Whakaue Education Endowment Trust Board on a perpetually renewable 21 year term from January 2000.

The corner site property is one of a number of investment chances being marketed by Bayleys in Rotorua in the company’s latest Total Property portfolio magazine published this month.

Also on the market for sale during Bayleys is a multi tenanted service station on, the main eastern arterial path from Rotorua city.

The property cover a total land area of 2,052 square metres and a total floor area of 234 square metres. The annual final rental from four separate tenancies is $86,339.

The tenants include:

Eastside Energy Ltd currently has a 10-year lease with one five year right of renewal, taking the tenancy to 2026. The annual net rent is $50,000.

Rockgas Ltd has a 10-year lease with one 10-year right of renewal, taking the tenancy to 2026. The annual net rental is $15,000.

Ohaaki Thermal Kilns Ltd has a two year lease to 2013, with net rental of $11,339.
Xpresso Coffee Shop has a 5 year lease with two five-year rights of renewal, taking the tenancy to 2026. The annual net rental is $10,000.

The property is being marketed for sale on Sep 8 by Bayleys Rotorua salesperson Mark Rendell. Mr. Rendell said: “This modern service station has recently had improvement work completed and has a number of tenants with long-term leases in place.

“This tenancy schedule, also as its location in a good established industrial and retail area just three kilometres from Rotorua’s central business district, is certain to appeal to investors.”

Tags: , ,