Lot 69: EXCELLENT DEVELOPMENT AND INVESTMENT PACKAGE

An excellent development and investment package comprising an existing two storey building divided to provide two self-contained flats, together with a garage/work shop to the side and a compound of 24 garages to the rear with vehicular access from Nelson Road. Each of the flats are currently let on Assured Shorthold Tenancy Agreements.

Planning Permission has been granted for the construction of a two-storey extension to the side of 82 Nelson Road to create two new flats and the construction of a replacement double garage at the rear, following the demolition of the existing double garage to the side of 82 Nelson Road.

Planning

Planning Permission has been granted by Medway Council, under ref: MC/20/0515, dated 3 April 2020, for the construction of a two-storey extension to the side of Number 82 to create two new flats together with internal configuration, together with the construction of a double garage to the rear, subject to the rear, subject to conditions. A copy of the planning consent and proposed plans will be available to download from the Clive Emson website.

Existing Accommodation

82 Nelson Road

Ground Floor Flat A

Entrance hall to front, two bedrooms, living room, kitchen, rear hallway and bathroom with W.C. Cellar.

First Floor Flat B

Living room, three bedrooms, kitchen, bathroom and separate W.C.

Proposed Accommodation

80 Nelson Road

Ground Floor Flat C

Living room/kitchen to front, two bedrooms and bathroom with W.C.

First Floor Flat D

Living room/kitchen to front, two bedrooms and bathroom with W.C.

Garages

At the rear of the property there are 24 garages in two blocks. It is understood that each of the garages are currently let.

Further details and a schedule of rents will be available in the legal documentation which will be available to download from the Clive Emson website.

Freehold with Part Vacant Possession

Residential EPC: E