A mixed-use period building arranged as a shop with five one-bedroom flats and five parking spaces to the rear. The town centre building has been thoughtfully restored/refurbished by the current owner with some of the flats having high ceilings, modern kitchens, period features and Flat 2 (to the front) has original panelled walls. The building was previously fully let with the owner occupying the shop however three of the flats are now offered with vacant possession and the current owner has decided not to re-let the property to allow the new owner to seek their own tenants.
The ground floor shop and Flat 5 were previously interconnecting and there may be potential to reinstate this with the current access being via the rear.
The rest of the apartments are accessed via a communal entrance off the High Street with communal areas all being clean and tidy. To the rear of the building there are seven stores which will be vacant.
Commercial Unit - 39A High Street Ground Floor Shop floor, kitchenette, office and W.C. Cellar Tenancy Currently vacant. EPC Rating C (58). Total Floor Area 37 sq.m.
Flat 5 Accessed via rear. Ground Floor Entrance hall, kitchen, living room, bedroom with en-suite bathroom with W.C. and separate W.C. Tenancy Currently vacant but was previously let at 985 per calendar month. EPC Rating C
Communal Entrance to First and Second floors
Flat 1 First Floor Entrance hall, kitchen/living room, bedroom and bathroom with W.C. Tenancy Currently vacant but was previously let at 985 per calendar month. EPC Rating C
Flat 2 First Floor Entrance hall, kitchen/living room, bedroom and bathroom with W.C. Tenancy Currently vacant but was previously let at 995 per calendar month. EPC Rating B
Flat 3 Second Floor Entrance hall, kitchen/living room, bedroom and bathroom with W.C. Tenancy Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 985 per calendar month. EPC Rating C
Flat 4 Second Floor Entrance hall, kitchen/living room, bedroom and bathroom with W.C. Tenancy Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 995 per calendar month. We have been informed that the tenant has been served notice to vacate. EPC Rating C
Outside Seven storage areas to rear which are used by the current owner and five parking spaces.
Auctioneer's Note At the time of publication the Auctioneers have been unable to internally inspect all the property. These details have been provided by the seller and interested applicants should rely on their own investigations to verify the information provided.
Auctioneer's Note 2 We have been informed there are necessary improvement works in Flats 2 and 4. A copy of the notices served by Swale Borough Council will be included as part of the legal pack however the seller has informed us that some of the works have been carried out.
Freehold with Part Vacant Possession
Residential EPC: C
Commercial EPC: C
Important: All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information *Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/
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