Lot 62 Substantial Freehold Residential InvestmentAuction Date:
14th December 2022
5 Victoria Park, Dover, Kent, CT16 1QR
Currently let at £71,660 per annum
A substantial mid-terrace property situated close to Dover Castle. It is currently arranged as manager's accommodation with 16 letting rooms. The property may have potential for conversion into self-contained flats, subject to all necessary consents being obtainable, or the new owner may prefer continued use.
The ground floor flat is let to the manager at a reduced rent as they assist with finding tenants and collecting the rent.
Ground Floor
Manager's Flat
Private entrance, entrance hall/study, living room with twin double doors giving access to verandah, kitchen, bedroom one with doors to verandah, bedroom two, bathroom with W.C.
Outside
Rear garden.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £100 per calendar month.
Council Tax Band A
Ground Floor
Separate access to remaining parts of the building.
Lower Ground Floor
Kitchen, utility room, bathroom and separate W.C.
Rooms A1-A4.
First Floor
Landing, bathroom with W.C. Rooms B1-B4.
Mezzanine Level
Landing and shower room with W.C.
Second Floor
Landing, kitchen and bathroom with W.C. Rooms C1-C4.
Third Floor
Landing, shower room with W.C. Rooms D1-D4
Auctioneer's Note 1
At the time of publication the Auctioneers have been unable to inspect the property. These details have been provided by the seller and interested applicants should rely on their own investigations to verify the information provided.
Viewing
External only.
Local Planning Authority
Dover District Council. Tel: 01322 343203. Website: dover.gov.uk.
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
