St. Marys Road, Faversham, ME13
£490.80 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,141 sq ft
106 sq m
- SECTOR
Commercial property for sale
Key features
- For Sale by Modern Auction T & C’s apply
- Subject to Reserve Price
- Buyers Fees Apply
- The Modern Method of Auction
- Investment Opportunity
- 5 Flats And A Shop
Description
For sale by Modern Method of Auction; Starting Bid Price £560,000 plus Reservation Fee.
Mixed use commercial investment!
Situated on the corner of St Marys Road, Faversham this mixed use commercial freehold presents an excellent investment opportunity.
The property is comprised of four studio flats, a one bedroom flat, and a front facing commercial lock up shop.
The rental return on the property for the property in it’s entirety is £3,330pcm. The full breakdown can be discussed upon request.
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
St. Marys Road, Faversham, ME13
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Faversham Station0.1 miles
- Selling Station3.2 miles
- Teynham Station4.0 miles
About Miles & Barr Commercial, Kent
1 The Links, Herne Bay, Kent, CT6 7GQ
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Notes
Disclaimer - Property reference 1bcfff12-70b6-4da3-9117-0efe8e751b23. 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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