Lot 138 - MIXED-USE PROPERTY IN HIGH STREET LOCATION

Guide Price £300,000 – £325,000 * + Fees

Currently let at £13,000 per annum - plus vacant flat

Viewing by arrangement with Miles & Barr

01227 499500

Further information from Clive Emson Auctioneers

01622 608400
Jon Rimmer

Online Bidding

Legal Documentation

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An end-terrace mixed use building located in Whitstable's town centre close to both local and nationwide retailers, the sea front and the mainline railway station.

The ground floor is let on a 10-year Commercial Lease as a barber shop with a vacant two bedroom flat above in good order. The property occupies a good location with the residential parts having its own separate access via the rear, and a gas heating system.

Ground Floor

First Class Barbers

Shop floor, rear room, kitchen and outside W.C.

Tenancy

Let under the terms of a 10-year Commercial Lease from 30th August 2019 at a current rental of £13,000 per annum. We understand there is a break clause which was not exercised
in 2022 and a rent review in August 2024.

27A Oxford Street

First Floor Flat

Accessed via the rear.

First Floor

Landing, living room with bay window, kitchen, two bedrooms and bathroom with W.C.

Outside

Garden to rear.

Tenancy

Vacant.

Council Tax Band A

Freehold with Part Vacant Possession

27 Oxford Street, Whitstable, Kent

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/