Lot 96: FREEHOLD INVESTMENT OPPORTUNITY - BLOCK COMPRISING TWO SHOPS AND TWO FLATS

Withdrawn After

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

The property, which is ideal for continued investment, is located close to national retailers and mainline railway station.

29 Station Road

Ground Floor

Sales area, kitchen, cloakroom with W.C. Cellar.

Tenancy

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

First Floor

29A Station Road

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

Tenancy

Holding over under the terms of an Assured Shorthold Tenancy 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

Holding over under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £475 per calendar month.

33 Station Road

Tenure

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

Viewing

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

Residential EPC: D
Commercial EPC: F