3 bedroom commercial property for sale

Market Square, Dover

Guide Price £229,950

Property Description

Key features

  • Tourist Hub of The Town Loc'n
  • Well Regarded Trading Location
  • Close to Banks and Main Retailers
  • Close to New Retail Development*
  • Retail Unit 772 sq ft/ 68.48 sq m
  • Spacious 3 Bed Maisonette
  • On Street Parking Nearby
  • uPVC DG windows & Elec. Heating*

Full description

For Sale £ 229,950 Freehold

Well-presented Mixed Commercial and Residential Investment
(Income £17,800 p.a.)
(737 sq ft / 68.48 sq m)

Well-Presented Mixed Commercial And Residential In - ASKING PRICE

We are instructed by our clients to ask £229,950 for the Freehold interest of the property

ACCOMMODATION

The maisonette* benefits from uPVC DG windows and electric storage heaters and the accommodation comprises (with approximate maximum measurements):-

RETAIL/ Ground Floor
Gross Frontage 17’ 8” / 4.89 m
Window Display 13’ 4” / 4.07 m
Retail Depth 44’ 10” / 13.67 m
Built Depth 53’ 9” / 16.37 m
Retail Area 740 sq ft / 65.50 sq m
The retail area has been subdivided to create:
Retail Area 517 sq ft / 48.04 sq m
and Store 183 sq ft / 17.01sq m
Kitchenette 32 sq ft / 2.98 sq m
W.C.

RESIDENTIAL
First Floor
Recessed Entrance Lobby with store cupboard off, entrance door to
Hallway with stairs leading to the second floor, under stairs cupboard and doors to:
Kitchen 8’7” x 7’10”/ 2.61 m x 2.40 m
Including two built in cupboards. Fitted out with a range cabinets inc. sink.
Living / Dining Room An L shaped arrangement 15’8” x 20’ 0”/ 4.77 m x 6.10 m

Second/Attic Floor
Landing sky light
Bedroom 1 14’7” x 8’10”/ 4.44 m x 2.70 m
Bedroom 2 10’11” x 9’4”/ 3.34 m x 2.86 m
Bedroom 3 11’7” x 6’6”/ 3.52m x 1.97 m
Bathroom with panelled bath with elec. shower, W.C. and wash hand basin

Outside - Rear communal service delivery area and steps up to walkway and roof top garden 16’2” x 19’11” / 4.94m x 6.07m at rear.

Business Rates/ Council Tax - Dover District Council 01304 821199 verbally advise that:
Rateable Value - £10,000.
The rate in the pound for the financial year 2016/2017 is 49.7p. 48.4 small
Equivalent Rates Payable - £4,970.00
This property may qualify for small business rate relief.
Council Tax: Band B

Tenancies - The Shop is leased to Ms Pham to trade as a Nail Bar, at a rent of £10,000 per annum, from 20th March 2017 for a term of 10 years with rent review and break clause on the fifth anniversary.

The maisonette is let under an AST from 13th January 2017 at £150 per week.
January 2017 at £150 per week.

Epc - Available upon request.


Nearest stations

  • Dover Priory (0.3 mi)
  • Kearsney (2.4 mi)
  • Martin Mill (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fell Reynolds, Folkestone

125 Sandgate Road, Folkestone, CT20 2BL

01303 473324 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Dover Priory (0.3 mi)
  • Kearsney (2.4 mi)
  • Martin Mill (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fell Reynolds, Folkestone

125 Sandgate Road, Folkestone, CT20 2BL

01303 473324 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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