Lot 44

FREEHOLD COMMERCIAL INVESTMENT WITH GROUND RENT INCOME

The Alma, Alma Place, Strood, Rochester, Kent, ME2 2AE
The Alma, Alma Place, Strood, Rochester, Kent, ME2 2AE
Guide Price £165,000 – £170,000 * + Fees

Currently let at £15,226 per annum

Applicants may view the lot externally only

A large detached property close to the busy town centre and facing Morrisons Superstore with car parking and close to Strood Retail Park.

The building is divided to provide a large ground floor hair and beauty centre providing extensive accommodation on the whole of the ground floor and currently let under the terms of a Commercial
Lease.

Ground Floor

Extensive ground floor salon with a range of treatment rooms with reception area, kitchen and W.C.s.

Outside

Garden and terrace.

Tenancy

Let on a Commercial Lease for a term of 10 years, from 1st June 2018, at a current rental of £15,016 per annum.

Cellar (Vacant)

Accessed from separate entrance hall.

Upper Parts

The first and second floors comprise two self-contained flats each sold on a ground lease for a term of 125 years at a current ground rental of £125 per annum each.

Viewing

Strictly by prior confirmed appointment with the Auctioneer's Office. Interested applicants are required not to contact the tenant directly.

The Alma, Alma Place, Strood, Rochester, Kent
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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/