House For Sale £70,000
For sale by auction on Wednesday, 08 Dec 2021 at 12:30
Venue: Live Stream
for sale via live stream auction on the 8th December - please note you will need to pre-register in order to bid by 17.00 the previous day.
If you are wanting to watch the live stream auction but do not wish to bid, this can be done by clicking on the Green Banner which will be displayed on our website prior to the auction.
If you have not registered to bid and are wanting to register, click on the 'Register to Bid' button on our website and follow the instructions on the screen. Please note that you will need to be registered for the auction by 17.00 the previous day.
If you have registered to bid, click on the Green Banner, and press the ‘Sign in to bid’ button – this will then ask you to login with your Auction Passport account. Once you have logged in, you will then be able to watch the live stream auction and bid on the entries you have registered for.
If you have any queries, please do not hesitate to contact us.
An excellent opportunity to purchase a ground floor lock up commercial shop, together with a well presented first floor flat.
The property produces a total monthly rental income of £875 (£10,500 per annum). The ground floor lock up shop is let to Pinewood Estates Ltd from the 1st March 2021 on a two year tenancy. This was previously let to Village Estates since 2000 and has therefore benefited from approximately 21 years of commercial usage as an estate agents.
20 Market Street
A uPVC double glazed entrance door leads to the office, measuring approximately 4.0m x 6.4m. Rear Office, 2.8m x 3.7m. There is also a rear reception area, WC, and kitchen, comprising of a range of units including sink.
20A Market Street
A flight of external stairs leads to the entrance hall. Kitchen/Diner, 2.2m x 4.4m, having a range of wall and floor cupboards, stainless steel sink, plumbing for automatic washing machine and space for fridge/freezer. Lounge, 4.0m x 4.0m. Bedroom One, 2.7m x 2.7m. En-Suite Bathroom, 1.9m x 2.8m, comprising bath, WC, and wash hand basin. Bedroom Two/Dressing Room, 1.5m x 2.7m.
Outside
Sees useful vehicular hard-standing, accessed off Thanet Street.
EPC Rating: (20 - D) (20A - E)
Additional Fees
Buyers Premium: £1795 plus VAT (£2154 inc VAT), payable on completion.
Administration Charge - £1500 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Live Stream
for sale via live stream auction on the 8th December - please note you will need to pre-register in order to bid by 17.00 the previous day.
If you are wanting to watch the live stream auction but do not wish to bid, this can be done by clicking on the Green Banner which will be displayed on our website prior to the auction.
If you have not registered to bid and are wanting to register, click on the 'Register to Bid' button on our website and follow the instructions on the screen. Please note that you will need to be registered for the auction by 17.00 the previous day.
If you have registered to bid, click on the Green Banner, and press the ‘Sign in to bid’ button – this will then ask you to login with your Auction Passport account. Once you have logged in, you will then be able to watch the live stream auction and bid on the entries you have registered for.
If you have any queries, please do not hesitate to contact us.
An excellent opportunity to purchase a ground floor lock up commercial shop, together with a well presented first floor flat.
The property produces a total monthly rental income of £875 (£10,500 per annum). The ground floor lock up shop is let to Pinewood Estates Ltd from the 1st March 2021 on a two year tenancy. This was previously let to Village Estates since 2000 and has therefore benefited from approximately 21 years of commercial usage as an estate agents.
20 Market Street
A uPVC double glazed entrance door leads to the office, measuring approximately 4.0m x 6.4m. Rear Office, 2.8m x 3.7m. There is also a rear reception area, WC, and kitchen, comprising of a range of units including sink.
20A Market Street
A flight of external stairs leads to the entrance hall. Kitchen/Diner, 2.2m x 4.4m, having a range of wall and floor cupboards, stainless steel sink, plumbing for automatic washing machine and space for fridge/freezer. Lounge, 4.0m x 4.0m. Bedroom One, 2.7m x 2.7m. En-Suite Bathroom, 1.9m x 2.8m, comprising bath, WC, and wash hand basin. Bedroom Two/Dressing Room, 1.5m x 2.7m.
Outside
Sees useful vehicular hard-standing, accessed off Thanet Street.
EPC Rating: (20 - D) (20A - E)
Additional Fees
Buyers Premium: £1795 plus VAT (£2154 inc VAT), payable on completion.
Administration Charge - £1500 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
