Lot 93 Commercial Property With Four Studio FlatsAuction Date:
15th June 2023
44 High Street, Gravesend, Kent, DA11 0AY
Currently let at £25,440 per annum
Estimated rental £49,560 per annum
An attractive three-storey property with basement located in the heart of Gravesend High Street providing easy access to the various local and national retailers in the town centre as well as the mainline railway station and further amenities.
The property comprises a vacant former bar on the ground floor and associated office as well as four self-contained studio flats occupying the upper parts of the property.
Ground Floor
Office with shower and W.C. and bar area.
Basement/Cellar
First Floor
Gentlemen and ladies W.C.s.
Flat 1
Bedroom with kitchenette and shower room/W.C.
Tenancy
Currently let on an Assured Shorthold Tenancy Agreement at a current rental of £760 per calendar month.
Second Floor
Flat 2
Bedroom with kitchenette and shower room/W.C.
Tenancy
Currently let on an Assured Shorthold Tenancy Agreement at a current rental of £760 per calendar month.
Flat 3
Bedroom with kitchenette and shower room/W.C.
Tenancy
Vacant.
Flat 4
Bedroom with kitchenette and shower room/W.C.
Tenancy
Currently let on an Assured Shorthold Tenancy Agreement at a current rental of £600 per calendar month.
Council Tax Band A for each flat
Auctioneer's Note
At the time of publication Flat 2 and Flat 3 have not been inspected by the Auctioneer and the details have been provided by the sellers and interested applicants are advised to make their own enquiries.
Freehold with Part Vacant Possession
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
