High Street, Dymchurch, Romney Marsh, Kent, TN29
£134.76 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,076 sq ft
100 sq m
- SECTOR
High street retail property for sale
Key features
- Two Ground Floor Retail Premises
- Flats Sold On Long Leases
- Outstanding Location
- Generous Footfall
Description
For sale by Modern Method of Auction; Starting Bid Price £145,000 plus Reservation Fee.
Miles and Barr Commercial are delighted to be assisting with the marketing of this commercial investment situated on the High Street, Dymchurch.
The premises is located on a prime position of the High Street, benefiting from numerous footfall and passing traffic daily. The freehold sale will include both ground floor shops, with the upstairs flats sold on long leases producing £150 per annum.
57 High Steet, is a ground floor lock up shop currently trading as a barbers and producing £4,250pa. The original lease was dated from 2018 for a period of one year.
59 High Steet agreed a new lease on August 1st 2024 at 675pcm until January 2029.
This is an excellent investment opportunity and not one to be missed!
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 £349 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 £7080 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.
RHS Shop Sales Area
6100 x 5200
RHS Rear Sales Area
2299 x 3300
LHS Shop
High Street, Dymchurch, Romney Marsh, Kent, TN29
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Westenhanger Station5.2 miles
- Sandling Station5.5 miles
Notes
Disclaimer - Property reference MSL230049. 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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