Lot 75

DOUBLE FRONTED COMMERCIAL AND RESIDENTIAL PREMISES WITH PLANNING FOR CONVERSION

304-306 St Margarets Banks, High Street, Rochester, Kent, ME1 1HS
304-306 St Margarets Banks, High Street, Rochester, Kent, ME1 1HS
Sold £250,000

Six week completion

This double fronted building is conveniently located between Rochester and Chatham High Street on St Margarets Banks opposite the riverside and close to all the major road and rail links to London.

The property was previously arranged as two separate units which could be reinstated, subject to all necessary consents being obtainable.

Planning Permission has been granted for change of use from mixed retail and residential to a three bedroom dwelling.

Planning

Planning Permission has been granted by Medway Council under ref: MC/18/0215, dated 8th March 2018, for change of use from mixed retail A1 and residential C3 to a three bedroom dwelling (CS residential) with associated works including replacement of shop-front with four single glazed sliding sash windows, and single solid timber door with infill weatherboard, subject to conditions.

A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website or inspection at the Auctioneer's Office.

Existing Accommodation

Ground Floor

Double fronted retail space, rear office, kitchen, utility room, bathroom with W.C. and separate W.C. Basement.

First Floor

Kitchen, living room and two bedrooms.

Second Floor

Two rooms and bathroom with W.C.

Outside

Courtyard to rear with parking.

Proposed Accommodation

Lower Ground Floor

Store room.

Ground Floor

Living/dining room, kitchen, sitting room, study, utility room, bathroom with W.C., gym and W.C.

First Floor

Two bedrooms, two studies and two bathrooms with W.C.s.

Second Floor

Bedroom, sitting area, study and bathroom.

Freehold with Vacant Possession

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/