Lot 104: SUBSTANTIAL PROPERTY ARRANGED AS THREE FLATS, CAR PARK, YARD AND LARGE ANTIQUES WAREHOUSE WITH POTENTIAL

A fantastic opportunity to acquire this large town centre plot which is currently occupied by a substantial antiques shop, three flats, a yard and a car park. The property is accessed via both the High Street and Mortimer Street and may benefit from sub-division or, perhaps, an alternative scheme, subject to all necessary consents being obtainable.

The residential accommodation is well presented and provides a good rental income. It is considered there may be potential for demolition of the warehouse and replacement with a residential scheme, again subject to all necessary consents being obtainable.

24B Mortimer Street has been sold on a long lease but is in the vendors name and purchasers may look to incorporate this back into the freehold title.

75 High Street

Ground Floor

Entrance hall, tearoom, office, W.C., large warehouse, display room, W.C., rear access to Mortimer Street.

Mezzanine Floor

Display area with access to Clock Tower.

Clock Tower

First Floor

Room.

Second Floor

Room.

Basement

Two large rooms.

Outside

Car parking area.

Tenancy

Vacant.

Yard

Tenancy

Currently let at £320 per calendar month. Further information will be available to download from the Clive Emson website.

22 Mortimer Street

Lower Ground Floor

Hallway, kitchen/dining room, two bedrooms, living room, bathroom with W.C., bedroom with en-suite, shower room with W.C. and further W.C.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £800 per calendar month.

First Floor

Ancillary storage.

24A Mortimer Street – Flat

Tenure

Sold on a lease for a term of 125 years, from 1st January 1988. Further information will be available to download from the Clive Emson website.

24B Mortimer Street

Second Floor

Entrance hall, storage room and shower room with W.C.

Third Floor

Kitchen/living room and two bedrooms.

Tenure

Sold on a long lease for a term of 125 years from 1st January 1988. Further information will be available to download from the Clive Emson website.

Auctioneer’s Note

24B Mortimer Street has been sold on a long lease but is in the vendor’s name and has a rental income of £695 per calendar month.

Site Measurements

The site extends to 0.08 hectares (0.19 acres).

Local Planning Authority

Canterbury City Council. Tel: 01227 862178. Website: canterbury.gov.uk.

Freehold with Part Vacant Possession

Residential EPC: D
Commercial EPC: D

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