Lot 74 - FREEHOLD PROPERTY WITH CONSENT FOR CONVERSION INTO SIX SELF-CONTAINED FLATS

Sold £550,000

A three storey mixed residential and commercial property situated within close proximity of the town centre, the M2, M25 and further amenities.

Having previously traded as a plumbing supply shop for many years the property has now been granted with planning permission for change of use from retail to residential and extension to provide six one-bedroom self-contained flats.

Local Planning Authority

Medway Council. Tel: 01634 331700. Website: medway.gov.uk.

Existing Accommodation

Lower Ground Floor

Showroom and two store rooms.

Ground Floor

Main retail area, kitchen, store room and W.C.

First Floor

Living/dining room, kitchen, bathroom with W.C. and three bedrooms.

Outside

There is a garden to rear.

Proposed Accommodation

Lower Ground Floor

Flats 1 & 2

Each comprising entrance hall, bedroom, bathroom with W.C., and open plan kitchen/living/dining room.

Ground Floor

Flats 3 & 4

Each comprising entrance hall, bedroom, bathroom with W.C., and open plan kitchen/living/dining room.

First Floor

Flats 5 & 6

Each comprising entrance hall, bedroom, bathroom with W.C., and open plan kitchen/living/dining room.

Planning

Planning Permission has been granted by Medway Council under ref: MC/19/0111, dated
21st January 2019, for change of use of retail to residential at lower ground and ground floor level with associated internal and external alterations, together with the construction of a three storey rear extension to provide six, one-bedroom self-contained flats, subject to conditions.

A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website or the Local Planning Authority website.

Freehold with Vacant Possession

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/