Lot 142

COMMERCIAL PROPERTY FOR REPAIR/IMPROVEMENT SUBJECT TO TENANCY, IN HISTORIC TOWN CENTRE

46 High Street, Rochester, Kent, ME1 1LD
46 High Street, Rochester, Kent, ME1 1LD
Sold £167,000

Currently let at £12,000 per annum

An attractive period property situated in the heart of the historic town of Rochester, close to the cathedral and castle and providing accommodation over three floors. The property is now in need of improvement and repair.

Ground Floor

Retail area to front and rear, rear passageway leading to W.C.

First Floor

Landing, office and stockroom. Further storeroom and kitchen at rear.

Second Floor

Landing and store room.

Tenancy

The commercial tenants are holding over under the terms of an original lease for a term of 10 years from 8th May 2012 at a current rental of £12,000 per annum, paid quarterly.

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/