Lot 53: CINQUE PORT TOWN CENTRE INVESTMENT

Sold Prior

Situated on the southern end of King Street, in a prominent location in the centre of the Medieval Cinque Port town of Sandwich, close to a selection of independent shops, offices, pubs and a short walk from the main car parks.

The ground floor retail premises are currently trading as a clothes shop with a flat on the upper part which has an independent side access. The tenant of the flat has been in occupation for approximately 10 years.

Shop

Ground Floor

Retail space, waiting room, consulting room, kitchen and cloakroom with W.C.

Cellar

Tenancy

Let on a three year lease, from 1st May 2016, at a current rental of £5,994 per annum (excluded from Sections 24-28 of the Landlord & Tenant Act 1954).

Flat

Ground Floor

Separate access with stairs to first floor.

First Floor

Living room/kitchen, two bedrooms and bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £500 per calendar month.

Auctioneer’s Note

Copies of the Lease and Tenancy Agreement will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.

Residential EPC: D
Commercial EPC: D