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Lot 22 Freehold High Street Commercial InvestmentAuction Date:
15th June 2023
78 High Street, Ashford, Kent, TN24 8SE
Currently let at £19,200 per annum
A three storey mid-terrace property with double display window at ground floor level, located in the heart of Ashford High Street, adjacent to Tesco Express and close to other retailers including B&M, WHSmith, CeX, Holland & Barrett, Starbucks, as well as various banks including Lloyds, Nationwide, Barclays and Santander.
The entire shop is let to Shoe Zone, who, we understand, have been in occupation circa 20 years.
Tenancy
The entire property is let under the terms of a three-year lease beginning on and including 24th June 2022 and ending on and including 23rd June 2025, although we understand that Shoe Zone have been in occupation of the premises for circa 20 years.
Auctioneer's Note
The measurements provided have been deduced from the Valuation Office Agency website and have not been verified by the Auctioneers.
Ground Floor
Retail area 93.58 sq.m.
First Floor
Storage 48.77 sq.m. and kitchen 8.01 sq.m.
Second Floor
Storage 28.06 sq.m.
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
