Lot 38: A PAIR OF HOUSES TOGETHER WITH THIRTY-SEVEN GARAGES AND A WORKSHOP FOR INVESTMENT

Guide Price £480,000 – £490,000 * + Fees
2 & 4 Star Mill Lane & Garages Rear Of 2 & 4 Star Mill Lane, Chatham, Kent. ME5 7HE

Currently let at £34,740 per annum

Viewing by arrangement with Clive Emson Auctioneers

01622 608400

John Stockey/Chris Milne

A substantial block of freehold property comprising a pair of two storey houses, a large compound of 37 garages and a workshop to the rear. It is considered there is future potential for development of the site, subject to all necessary consents being obtainable.

Local Planning Authority

Medway Council. Tel: 01634 331700. Website: medway.gov.uk.

2 Star Mill Lane

Ground Floor

Entrance hall and kitchen.

First Floor

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

Outside

Garden to rear. Outbuilding/store.

Tenancy

Holding over under the terms of an original Assured Shorthold Tenancy at a current rental of £555 per calendar month.

4 Star Mill Lane

Ground Floor

Living/dining room, kitchen and utility room.

First Floor

Three bedrooms and bathroom with W.C.

Outside

Garden to rear.

Tenancy

Holding over under the terms of an original Assured Shorthold Tenancy at a current rental of £675 per calendar month.

Garages

To the rear of the property there is a substantial collection of 37 lock-up garages together with a workshop.

Tenancies

The current income is £1,665 per calendar month. A schedule of individual rents will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.

Residential EPC: E

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.