JUNE AUCTIONS … RESULTS NOW ONLINE … TOTAL REALISATION £12 MILLION … 133 LOTS THROUGHOUT SOUTHERN ENGLAND …

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1, 3 & 5 RUSSELL STREET, SHEERNESS, KENT, ME12 1PL OCTOBER AUCTION




TOWN CENTRE COMMERCIAL AND RESIDENTIAL INVESTMENT

Currently Let At: £22,100 Per Annum

A three storey freehold property divided to provide a ground floor commercial unit with two self-contained flats on the first and second floor. The building is situated just off the High Street in the busy town centre close to public car parks.

1 Russell Street
Sandwich bar.
Tenancy
Let on a commercial lease for a term of 10 years from 4th March 2012 at a current rent of £10,400 per annum.

3 Russell Street
First Floor Flat
Entrance hall, living room, kitchen, bedroom and bathroom/W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £475 per calendar month.

5 Russell Street
Second Floor Flat
Entrance hall, living room, kitchen, two bedrooms and bathroom/W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £500 per calendar month.

Residential EPC: G


Commercial EPC: G


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.