Lot 51: FREEHOLD MIXED COMMERCIAL AND RESIDENTIAL INVESTMENT

JUNE AUCTION

This substantial block is situated on Station Road, a short walk from Birchington-On-Sea mainline railway station and close to nationwide retailers such as Co-Op and Sainsbury’s Local.

The property provides accommodation over three floors comprising three shops, two maisonettes, one flat (each with private entrances) and parking to the rear.

82 Station Road

Ground Floor

Shop floor, cloakroom with W.C. and wash-hand basin.

Tenancy

Trading as Tan ‘n’ Go. Let under the terms of a five year lease, from 1st April 2005, at a current rental of £7,650 per annum with annual rent review.

86 Station Road

Ground Floor

Seating area and kitchen.

First Floor

Store room and cloakroom/ W.C.

Tenancy

Trading as Cafe Creme. Let under the terms of a six year lease, from 21st April 2013, at a current rental of £7,000 per annum.

90 Station Road

Ground Floor

Sales area, kitchen, second room and cloakroom/W.C.

Tenancy

Trading as Birchington Barber. Let under the terms of a six year lease, from 5th March 2014, at a current rental of £7,630 per annum.

84 Station Road (Vacant)

First Floor

Living room and kitchen.

Second Floor

Two bedrooms, box room, bathroom and separate W.C.

88 Station Road

First Floor

Living room and kitchen.

Second Floor

Two bedrooms, box room, bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £7,020 per annum.

92 Station Road

First Floor

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

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £4,800 per annum.

Outside

Parking for three cars to the rear.

Freehold with Part Vacant Possession

Residential EPC: D
Commercial EPC: D