Lot 41: FREEHOLD INVESTMENT OPPORTUNITY - BLOCK COMPRISING TWO SHOPS AND TWO FLATS

Guide Price £270,000 – £275,000 * + Fees
29, 29A, 29B & 33 Station Road, Birchington, Kent. CT7 9DJ

Currently let at £21,840 per annum

Viewing by arrangement with Clive Emson Auctioneers

01622 608400

Jon Rimmer/Kevin Gilbert

Situated on Station Road, in the heart of Birchington, is this freehold block of two self-contained flats and two ground floor shops, one of which has been sold on a long lease.

The property is considered ideal for continued investment and is located close to nationwide retailers and the Birchington-On-Sea mainline railway station.

Auctioneer’s Note

At the time of publication the Auctioneers have been unable to internally inspect the property, interested applicants are advised to rely on their own investigations.

Ground Floor

29 Station Road

Sales area, kitchen, cloakroom with W.C.

Tenancy

Let under the terms of a six year lease, from 5th April 2012, at a current rental of £9,000 per annum. Currently trading as House of Cards.

33 Station Road

Sold on a 999 year lease, from 15th August 2014, at a peppercorn ground rent.

First Floor

29A Station Road

Open plan living room/kitchen, two bedrooms and a bathroom with W.C.

Tenancy

Let under the terms of a six month Assured Shorthold Tenancy, from 16th November 2012, at a current rental of £595 per calendar month.

29B Station Road

Open plan living room/kitchen, bedroom and shower room with W.C.

Tenancy

Let under the terms of a six month Assured Shorthold Tenancy Agreement, from 12th September 2016, at a current rental of £475 per calendar month.

Residential EPC: D
Commercial EPC: F

Map

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