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5 bedroom residential development for sale

Upper Parts, 39 High Street, Ramsgate, Kent

Guide Price* £75,000

Property Description

Key features

  • For Sale by Public Auction at The Clive Emson Conference Centre
  • Auction Date : 11 December 2017
  • Lot Number : 15
  • Substantial Maisonette For Improvement
  • Vacant Residential
  • Leasehold
  • *Guide Price : 75,000 plus + Fees

Full description

A leasehold opportunity to acquire a three bedroom flat situated in a prime location on the pedestrianised Ramsgate High Street. The flat requires a comprehensive programme of improvement and refurbishment. Furthermore, Planning Permission has been obtained to convert the flat into a three bedroom maisonette and two bedroom flat, following a rear extension.

Existing Accommodation
Separate rear access via Broad Street.

First Floor
Entrance hall, living room and former kitchen.

Second Floor
Landing, three bedrooms and former bathroom/W.C.

Planning
Planning Permission has been granted by Thanet District Council, under ref: F/TH/16/0465, dated 7th June 2016, for change of use from one, three-bedroom flat to one, two-bedroom flat and one, three-bedroom maisonette, together with erection of mansard roof and rear extension, subject to conditions.

A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.

The Planning Permission obtained has been granted over the Lot and additional land which is not included in the sale. However, initial negotiations between the seller and freeholder have taken place with regard to purchasing the additional land.

Further information will be contained in the legal documentation which will be available to download from the Clive Emson website or inspection at the Auctioneer's Office.

Proposed Accommodation
Separate rear access via Broad Street.
Flat 1
First Floor
Entrance hall, open plan kitchen/living room, master bedroom with en-suite shower room with W.C., further bedroom and bathroom with W.C.

Outside
Roof terrace to rear.

Flat 2
Second Floor
Entrance hall, open plan kitchen/living room, master bedroom with en-suite shower room, further bedroom and bathroom/W.C.
Third Floor
Bedroom with roof terrace front.
Tenure
Remainder of 150 year lease, from 25th December 2014, at a current rental of £150 per annum.

Leasehold with Vacant Possession

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 the 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 www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*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 www.cliveemson.co.uk/buyers-fees/


More information from this agent

Map & Street View

Disclaimer - Property reference 36211. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Clive Emson Auctioneers, Maidstone. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Clive Emson Auctioneers, Maidstone on 0345 8500333.


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