Lot 9

SUBSTANTIAL MIXED BLOCK WITH POTENTIAL FOR CONVERSION

84, 85 & 86 London Road, Dover, Kent, CT17 0SZ
84, 85 & 86 London Road, Dover, Kent, CT17 0SZ
Sold £329,000

Currently let at £26,220 per annum, plus vacant retail unit and flat

A substantial mixed use building situated on the main thoroughfare of Dover, close to Dover town centre and its mainline railway station.

The building is considered a good investment opportunity and is currently arranged as ground floor commercial unit with six residential units above. The majority of flats are self-contained, however the building has an HMO Licence as Flat 2 does not have its own W.C.

It is considered there may be potential for conversion of the ground floor to residential accommodation, subject to all necessary consents being obtainable.

The current owner did enquire about a residential scheme, however they were informed that Planning Permission would be needed rather than Change of Use.

Local Planning Authority

Dover District Council. Tel: 01304 821199. Website: dover.gov.uk.

Commercial

Ground Floor & Basement

Main shop floor, kitchen, store room, office and two separate W.Cs.

Tenancy

Currently vacant.

Residential

Ground Floor

Communal entrance.

First Floor

Separate shower room and two separate W.C's.

Flat 1

Living room, kitchen, bedroom and shower room with W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £445 per calendar month.

Flat 2

Living room/kitchen, bedroom and shower room.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £370 per calendar month.

Flat 3

Living room, kitchen, bedroom and bathroom and shower with W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £500 per calendar month.

Second Floor

Flat 4

Living room, kitchen, bedroom and shower room with W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £475 per calendar month.

Flat 5

Living room/kitchen, bedroom and shower room with W.C.

Tenancy

Previously let at £445 per calendar month.

Flat 6

Living room/kitchen, bedroom and shower room with W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £395 per calendar month.

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/