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SOLD STC

High Street, 110 High Street, CT16

Guide Price
£230,000

£72.19 per sq ft

Business rates & charges may apply

Miles & Barr Commercial, Kent
SIZE AVAILABLE

3,186 sq ft

296 sq m

SECTOR

High street retail property for sale

Key features

  • Two Flats EPC Rating C & D
  • Investment Opportunity!
  • Fully Tennanted Property
  • Large Warehouse
  • For Sale by Modern Auction T & C’s apply
  • Subject to Reserve Price
  • Buyers Fees Apply
  • The Modern Method of Auction

Description

Online Auction Now Live! Closing Wednesday 23rd October Midday!

For sale by Modern Method of Auction; Starting Bid Price £230,000 plus Reservation Fee.

Nestled within a prime location, this unique property presents an enticing investment opportunity for discerning buyers. Comprising of two spacious two-bedroom flats, a ground floor dog grooming facility, and a substantial rear warehouse, this property boasts a diverse range of potential uses and income streams.

The two attractive flats each offer a comfortable living space, with two well-appointed bedrooms ensuring ample accommodation for tenants. These flats are currently fully tenanted paying £650pcm each, offering a stable rental income from the outset.

Conveniently located on the ground floor, the dog grooming facility provides another stable tenant currently paying £700pcm.

At the rear of the property sits an expansive warehouse area, offering endless possibilities for storage, workshops, or further commercial ventures. The generous size and flexible layout make this space a valuable asset, providing the opportunity to generate additional rental income or expand an existing business operation.

Please note the warehouse will be emptied upon sale completion.

Viewings strictly by appointment only!


These details are yet to be approved by the vendor.

Auctioneer Comments

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £7,080 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.

Brochures

High Street, 110 High Street, CT16

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Dover Priory Station0.3 miles
  • Kearsney Station2.0 miles
  • Martin Mill Station3.4 miles

About Miles & Barr Commercial, Kent

1 The Links, Herne Bay, Kent, CT6 7GQ

- Commercial Property Sales and Leasing

- Property and Portfolio Management

- Land Acquisitions

- Finance on all property types along with land and development

- Off plan new homes with bespoke marketing packages

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5ca31adc-a2dc-4ec0-899d-9e4bf121cee1. 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 Miles & Barr Commercial, Kent. 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.

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 Miles & Barr Commercial, Kent on 01843 265326.

*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.”

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