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016 |
| 131 & 132 SNARGATE STREET, DOVER, KENT, CT17 9DA |
Guide: £375,000 - £385,000 |
 Communal Hallway to Flats 1, 2, 3 and 4.
 Flat 1- Kitchen.
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FREEHOLD COMMERCIAL AND RESIDENTIAL INVESTMENT
Currently Let At: £31,550 Per Annum Plus Vacant Flat
A substantial property situated adjacent to the harbour and arranged as a ground floor restaurant with cellarage and five flats above. Each flat has a gas heating system via radiators and is double glazed.
Restaurant
Restaurant area, bar area, kitchen/preparation room, male and female W.C.s, lobby, staff W.C. and yard to cellar areas.
Tenancy
Let on a 15 year lease from 25th May 2007 at a current rental of £17,000 per annum. The lease provides for reviews every third year (next review due 25th May 2010). The restaurant is trading as "Liberty’s Diner".
Residential
Ground Floor
Communal entrance to Flats 1, 2, 3 and 4.
Flat 1
First Floor (Rear)
Entrance hall, kitchen/living room, lobby with access to rear garden, bathroom/W.C. and bedroom.
Tenancy
Currently vacant.
Flat 2
First Floor (Front)
Entrance hall, kitchen/living room, bathroom/W.C., bedroom plus study.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £400 per calendar month.
Flat 3
Second Floor (Front)
Entrance hall, kitchen/living room, bathroom/W.C. and bedroom.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £400 per calendar month.
Flat 4
Second Floor (Rear)
Entrance hall, kitchen/living room, bathroom/W.C. and bedroom.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £400 per calendar month.
Flat 5
Separate access from ground floor level.
Tenure
Sold on a 99 year lease from 25th March 2009 at a current ground rental of £150 per annum increasing throughout the term.
Auctioneer’s Note
At the time of going to print the Auctioneers had been unable to gain access to all of the flats. The accommodation details have been provided by the Joint Auctioneer's and are, therefore, subject to verification.
Freehold with Part Vacant Possession
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