No longer on the market
This property is no longer on the market
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Area statsProperty
Auction
Property
2 beds
Features and description
- For Sale by Online Auction
- Auction Date : 24 July 2024
- Lot Number : 164
- Freehold High Street Shop And Flat Investment
- Commercial Investment
- Freehold
- Current Rental : £10,500 Per Annum
- *Guide Price : £170,000 - £175,000 Fees
Video tours
Situated in the heart of Cheriton High Street is this end -terrace building, previously trading at Cheriton Balti and Tandoori Takeaway (now closed due to retirement), together with a two-bedroom flat on the first floor. The entire property is let on a single lease.
Commercial
Ground Floor
Customer waiting area and servery desk, commercial kitchen, food preparation room, store rooms and W.C.
Residential
Ground Floor
Separate entrance leading to hallway with stairs to first floor.
First Floor
Landing, two bedrooms, living room, kitchen and shower room with W.C.
Outside
Rear garden.
Council Tax Band B
Tenancy
Let under the terms of a 20-year lease, from 29th September 2002, at a current rental of £10,000 per annum.
Auctioneer's Note
At the time of publication the Auctioneers have been unable to internally inspect the property. These details have been provided by the Joint Auctioneer and interested applicants should rely on their own investigations to verify the information provided.
Residential EPC: E
Commercial EPC: D
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 , or contact us on[use Contact Agent Button], 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
Commercial
Ground Floor
Customer waiting area and servery desk, commercial kitchen, food preparation room, store rooms and W.C.
Residential
Ground Floor
Separate entrance leading to hallway with stairs to first floor.
First Floor
Landing, two bedrooms, living room, kitchen and shower room with W.C.
Outside
Rear garden.
Council Tax Band B
Tenancy
Let under the terms of a 20-year lease, from 29th September 2002, at a current rental of £10,000 per annum.
Auctioneer's Note
At the time of publication the Auctioneers have been unable to internally inspect the property. These details have been provided by the Joint Auctioneer and interested applicants should rely on their own investigations to verify the information provided.
Residential EPC: E
Commercial EPC: D
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 , or contact us on[use Contact Agent Button], 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
Area statistics
Crime score
Low crime
3/10
About this agent
Clive Emson Land & Property Auctioneers - Maidstone
Rocky Hill, London Road
Maidstone, Kent
ME16 8PY
01622 279788Clive Emson Auctioneers was founded in 1989 to supply a high profile auctioneering facility to corporate and independent estate agents, private clients and statutory bodies. Our success is due to, and remains, attributable to a firm commitment to quality and service distinguished by both our Investors in People and ISO accreditations. The concept of the Company is to provide a specialist land and property auctioneering service and, therefore, does not compete with the traditional estate agency, mortgage broking, insurance or any other aspect of the property world. All properties upon which we are instructed are offered for sale in the auction catalogue. The 20-25,000 full colour catalogues produced for each of our auctions are available either by post or through a network of over 850 estate agency outlets throughout Southern England. Our marketing is supported by more estate agency offices than any other auctioneers practice. In addition lot details, catalogue downloads, viewings and legal documentation are available through this website.