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Lot 167 Freehold Commercial InvestmentAuction Date:
12th June 2024
54 & 54A High Street, Gravesend, Kent, DA11 0AY
Currently let at £13,000 per annum
A four-storey property located in the heart of Gravesend's Heritage quarter in the town centre situated amongst various local and national retailers and also within easy reach of the mainline railway station. The property is currently arranged as a shop on the ground floor with access to the cellar and offices occupying the first, second and third floors.
54 High Street
Ground Floor
Shop, store room, courtyard, staff area and W.C.
Lower Ground Floor
Cellar.
Tenancy
Let on a three-year lease from 1st October 2023 at a current rental of £8,000 per annum.
54A High Street
Ground Floor
Entrance.
First Floor
Two offices and W.C.
Second Floor
Two offices and W.C.
Third Floor
Two offices.
Tenancy
Let under the terms of a five-year commercial lease from 25th February 2020 at a current rental of £5,000 per annum.
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
