Lot 48

FREEHOLD COMMERCIAL INVESTMENT AND VACANT WORKSHOP

226 Broad Oak Road, Canterbury, Kent, CT2 7PX
226 Broad Oak Road, Canterbury, Kent, CT2 7PX
Sold Prior

On the instructions from the Executors

Currently let at £22,000 per annum, plus vacant workshop

Situated in an established, predominantly commercial, area in Broad Oak Road, is this commercial investment with vacant workshop to the front. All three sections of the commercial property have a shared cloakroom facility.

Front Workshop

Workshop with storage cupboard.

Tenancy

Currently vacant.

Middle Section

Hallway, two kitchens and two store rooms.

Tenancy

Let to Dial a Curry Kent Ltd under the terms of a three year lease, from 1st July 2018, at a current rental of £10,000 per annum.

Rear Workshop

Open plan workshop with office to one corner.

Tenancy

Let to Oakwood Automotives Ltd under the terms of a three year lease , from 1st August 2018, at a current rental of £12,000 per annum.

Energy Performance Certificate

A total useful floor area of 295 sq.m. (3,175 sq.ft). EPC Rating 55(C).

Auctioneer's Note

A floor plan of the entire property will be available to download from the Clive Emson website or inspection at the Auctioneer's Office.

Viewing

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

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/