Lot 12: FREEHOLD PROPERTY IN CENTRAL LOCATION

Guide Price £100,000 – £110,000 *
1 Dane Road,
Margate,
Kent. CT9 1SF

On the instructions of M D W Hardy Esq & M Swiers Esq as Joint Fixed Charge Receivers

Viewing by arrangement with Clive Emson Auctioneers

01622 608400

Dave Henwood/Kevin Gilbert

A substantial freehold mixed use property located in the historic town of Margate close to the seafront. The premises are arranged as a ground floor commercial unit, which has been sold on a long leasehold, plus three self-contained flats.

Commercial Unit

Ground Floor

Sold on a 99 year lease from 20th June 1978.

Flat 1A

First Floor

Kitchen, bathroom, lounge and two bedrooms. Access from the rear.

Flat 1B

Second Floor

Entrance hall, kitchen, lounge, bedroom and bathroom.

Tenancy

Let on Statutory Periodic Tenancy at a current rental of £425 per calendar month.

Flat 1C

Third Floor

Entrance hall, kitchen, lounge, bedroom and bathroom.

Tenancy

The flat is occupied. Further information regarding the occupancy will be included in the legal pack which will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.

Outside

Rear courtyard.

Auctioneer's Note 1

At the time of publication the Auctioneers have been unable to inspect all of the property. Interested applicants are advised to make their own enquiries with regard to the accommodation details provided.

Auctioneer's Note 2

The Auctioneers have been informed by the Receivers that a steel door and window covers will be placed on Flat 1A for the purposes of security.

Residential EPC: D

Map

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The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.