Lot 29: FREEHOLD INVESTMENT IN DESIRABLE TOWN CENTRE LOCATION

Situated in the centre of the historical town of Faversham is this substantial freehold end-terrace property. The building comprises a commercial investment let to RSPCA and a two-bedroom flat above with roof terrace.

There is a separate basement to the rear which could be incorporated into either the shop or the flat, which has accommodation over two floors and a separate access from Water Lane.

The property occupies a sought after location in the pedestrianised area of the town and could benefit from some improvement but is considered well worthy of the works.

Accommodation

112 West Street

Ground Floor

Shop floor.

Basement

Store room, store room with kitchenette, shower room with W.C. and separate W.C

Tenancy

Let under the terms of a 5 year commercial lease from November 2015 at a current rental of £740 per calendar month. Further information will be available to download from the auctioneer’s website.

112A West Street

Ground Floor

Dining room and kitchen.

First Floor

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

Second Floor

Sun room and roof terrace.

Tenancy

Let under the terms of an Assured Shorthold Tenancy for a period of 12 months from May 2020, at a current rent of £850 per calendar month. Further information will be available to download from the auctioneer’s website.

Residential EPC: E
Commercial EPC: D

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