Lot 72 Mixed Use Investment - Vacant Shop, Five Flats, Five Parking Spaces And Seven StoresAuction Date:
12th June 2025
39 High Street, Sittingbourne, Kent, ME10 4AW
Currently let at £59,340 per annum, plus vacant shop
A mixed-use period building arranged as a vacant shop with five well-presented one-bedroom flats above and five parking spaces to the rear. The town centre building has been thoughtfully restored/refurbished to a good standard by the current owner with some of the flats having high ceilings, modern kitchens, period features and Flat 2 (to the front) has original panelled walls.
The ground floor shop and Flat 5 were previously interconnecting and there may be potential to reinstate this with the current access being via the rear.
The rest of the apartments are accessed via a communal entrance off the High Street with communal areas all being clean and tidy. To the rear of the building there are five parking spaces, which we understand are being used by the tenants and seven stores which will be vacant.
Commercial Unit - 39A High Street
Ground Floor
Shop floor, kitchenette, office and W.C.
Cellar
Tenancy
Currently vacant.
EPC Rating
C (58). Total Floor Area 37 sq.m.
Flat 5
Accessed via rear.
Ground Floor
Entrance hall, kitchen, living room, bedroom with en-suite bathroom with W.C. and separate W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £985 per calendar month.
EPC Rating C
Communal Entrance to First and Second floors
Flat 1
First Floor
Entrance hall, kitchen/living room, bedroom and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £985 per calendar month.
EPC Rating C
Flat 2
First Floor
Entrance hall, kitchen/living room, bedroom and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £995 per calendar month. We have been informed that the tenant has been served notice to vacate and will be leaving on 4th July 2025.
EPC Rating B
Flat 3
Second Floor
Entrance hall, kitchen/living room, bedroom and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £985 per calendar month.
EPC Rating C
Flat 4
Second Floor
Entrance hall, kitchen/living room, bedroom and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £995 per calendar month. We have been informed that the tenant has been served notice to vacate and will be leaving on 19th June 2025.
EPC Rating C
Outside
Seven storage areas to rear which are used by the current owner and five parking spaces which are used by the residential tenants.
All flats are Council Tax Band A
Local Planning Authority
Swale Borough Council. Tel: 01795 417850. Website: swale.gov.uk
Auctioneer's Note
At the time of publication the Auctioneers have been unable to internally inspect all the property. These details have been provided by the seller and interested applicants should rely on their own investigations to verify the information provided.
Freehold with Part Vacant Possession
Further Information
Jon Rimmer/Kevin Gilbert
on 01622 608400
Viewings
Applicants may view the lot externally only
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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.
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