Lot 32 Freehold Investment And Vacant FlatAuction Date:
26th July 2023
3 The Parade, High Street, Eastry, Sandwich, Kent, CT13 0HE
Total Rental Income £5,200 per annum, not as previously stated Plus vacant two-bedroom flat
Situated in the popular village of Eastry lies this mid-terrace ground floor lock-up shop with two bedroom flat above.
Commercial
Ground Floor
Lock-up shop.
Outside
Single rear garage.
Tenancy
Trading as S and C Baitup Family Butcher. The lock-up shop and garage is let under the terms of a five-year lease from 11th May 2011 (assigned on 2nd April 2013 to the current occupiers) at a current rental of £433.33 per calender month, not £443.33 per calendar month as previously stated.
We understand that the tenants are in the process of signing a new lease for the ground floor lock-up shop and garage - further information will be contained within the legal documentation.
Residential
Ground Floor
Entrance door with stairs leading to landing.
First Floor
Sitting room, kitchen, two bedrooms and bathroom with W.C.
Tenancy
Currently Vacant.
Viewing
Viewing of the flat by arrangement with the Auctioneers. There will be no internal viewings of the butchers shop.
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
