Lot 46: SUBSTANTIAL MIXED USE BLOCK ON LARGE PLOT WITH DEVELOPMENT POTENTIAL

Sold £710,000

Located in the village of Teynham, which lies between the towns of Sittingbourne and Faversham, is this large freehold block comprising a mixture of residential and commercial space.

The property is arranged as five flats, an office, storage cupboards and a large workshop which has potential for conversion to provide two additional flats.

The building sits on a large plot which may have development potential, subject to all necessary consents being obtainable.

Local Planning Authority

Swale Borough Council. Tel: 01795 47850. Website: swale.gov.uk.

Ground Floor

Units 1 & 2 (Vacant)

Open plan workspace with vehicular access.

Flat 3

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

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £675 per calendar month.

Unit 9

Store room.

Tenancy

Let on a verbal agreement at a current rental of £60 per calendar month.

First Floor

Flat 4

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

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £625 per calendar month.

Flat 5

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

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £625 per calendar month.

Flat 6

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

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £640 per calendar month.

Flat 7

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

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £675 per calendar month.

Unit 8 – Office (Vacant)

Former office arranged as living accommodation:- Living room/kitchen, two bedrooms and bathroom with W.C.

Unit 9

Store room.

Tenancy

Let at a current rental of £720 per annum.

Auctioneer’s Note

At the time of publication the Auctioneer has been unable to internally inspect all of the building. Interested applicants are advised to rely on their own investigations.

Viewing

Strictly by prior confirmed appointment with the Auctioneer’s Office. Interested applicants are requested not to contact the tenants directly.

Freehold with Part Vacant Possession

Residential EPC: C
Commercial EPC: D