Lot 51 - ATTRACTIVE PERIOD BUILDING IN TOWN CENTRE

Guide Price £350,000+ * + Fees

Currently let at £8,000 per annum - Plus vacant upper parts

Viewing by arrangement with Clive Emson Auctioneers

01622 608400
Jon Rimmer

Online Bidding

Legal Documentation

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A substantial period property situated in an excellent location in the marketplace of this popular and busy town. The property, which has accommodation over three floors plus basement and attic, retains many original features including oak panelling , fireplaces and exposed beams.

The ground floor is let to Butterfly Boutique on a rolling Commercial Lease. The upper parts are offered with vacant possession, have a separate access from the market place and may offer potential for conversion, subject to all necessary consents being obtainable.

10 Market Place

Ground Floor

Double fronted retail unit with fitting room, rear hall, two separate W.C.s., store room at rear with panelled walls and large stone fireplace. Access to rear cellar, enclosed yard area with access to front cellar.

Tenancy

Let under the terms of a commercial lease, (expired 17th October 2017) at a current rental of £8,000 per annum.

10A Market Place

Ground Floor

Entrance hall to front.

First Floor

Landing, large front room, office, rear hallway, kitchen/store room, separate W.C. and rear room.

Second Floor

Landing, two front rooms, kitchen to rear and separate W.C.

Attic

Tenancy

Vacant.

Local Planning Authority

Swale Borough Council. Tel: 01795 417850. Website: swale.gov.uk.

Freehold with Part Vacant Possession

10/10A Market Place, Faversham, 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/