Lot 55 - FREEHOLD COMMERCIAL INVESTMENT WITH POTENTIAL

Withdrawn After

Currently let at £12,000 per annum

A detached building currently used as offices and let to an estate agent, but with potential for conversion back into a residential dwelling. The property is in good order, has double glazed windows and is considered to have potential to extend, subject to all necessary consents being obtainable.

The property occupies a rural location which is close to the M2 and a short drive from the popular town of Faversham and the city of Canterbury.

Ground Floor

Office space, two W.C.s and kitchen.

First Floor

Two offices.

Outside

Garden to side and rear. Plenty of off-road parking to the front.

Tenancy

Let on a 10 year commercial lease from 2013, at a current rental of £12,000 per annum.

Local Planning Authority

Swale Borough Council. Tel: 0195 417850. Website: swale.gov.uk

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/