Lot 67 - FREEHOLD BLOCK FOR IMPROVEMENT

Sold £150,000

Previously let at £14,640 per annum

Situated on London Road, the main thoroughfare in Dover, is this large five storey property currently arranged as three residential units. It is considered that the property may benefit from re-configuration and is in need of complete refurbishment.

Flat 1

Lower Ground Floor

Private entrance and four rooms.

Ground Floor

Dining room, kitchen and bathroom with W.C.

Tenancy

Currently vacant. Previously let at £420 per calendar month.

Ground Floor

Communal entrance.

Flat 2

First Floor

Entrance hall, living room, kitchen, bedroom and bathroom with W.C.

Tenancy

Currently vacant. Previously let at £350 per calendar month.

Flat 3

Second Floor

Entrance hall, living room, and kitchen.

Third Floor

Two bedrooms.

Mezzanine Floor

Bathroom with W.C.

Tenancy

Currently let at £450 per calendar month. We understand a Notice to Vacate has been served on the tenant.

Outside

Garden to rear.

Auctioneer's Note 1

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

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/