Lot 197
    Retail Property (high street)
    179-181 Rochester Avenue
    Rochester, Kent, ME1 2DS
    Withdrawn
     
    Number 1
    A Corner Building Arranged to Provide a Ground Floor Retail Unit and a First Floor Three Bedroom Flat Fully Let at £27,000 Per Annum
    By Order of the LPA Receivers

    Description

    The property comprises a corner building arranged to provide a ground floor retail unit and a first floor three bedroom flat.

    Tenure

    Freehold

    Location

    The property is situated on a predominantly residential road close to local shops and amenities. The open spaces of Jackson's Field are within easy reach. Transport links are provided by Rochester rail station.

    Accommodation

    Ground Floor
    Retail Unit
    G.I.A Approximately 120 sq m (1,289 sq ft)

    First Floor
    Reception Room
    Kitchen
    Three Bedrooms
    Bathroom
    G.I.A Approximately 92 sq m (987 sq ft)

    Tenancy

    We understand that the retail unit and flat are let together at £2,250pcm. The retail unit is subject to a lease for a term of 15 years commencing 19th April 2018 with rent reviews every four years. The receivers have not been provided any evidence as such and no rent has been collected. Please refer to the legal pack for further information.

    Note

    The property has not been inspected by Auction House London. All information has been complied from a valuation report supplied by the Receiver.

    EPC Rating

    C

    Addendum

    Withdrawn
    There are no internal viewings
    For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on
    Share this lot

    Additional Fees and Disclaimer

    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    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.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

    Similar Properties

    19 & 19A Widmore Road, Bromley, Kent, BR1 1RL
    LOT 38
    Guide Price: £490,000+
    Retail Property (high street)Freehold
    19 & 19A Widmore Road, Bromley, Kent, BR1 1RL
    A Mid Terrace Commercial Building Arranged to Provide a Ground Floor Retail Unit and First and Second Floor Offices Fully Let Producing £49,000 Per Annum
    Open for Viewings during Normal Business Hours
    87 Agincourt Road, Hampstead, London, NW3 2NT
    LOT 110A
    Guide Price: £70,000-£85,000
    Retail Property (high street)Leasehold
    87 Agincourt Road, Hampstead, London, NW3 2NT
    A Vacant Well Located Ground Floor Commercial Unit
    Next Viewing: Fri 14th Mar 11:00am - 11:30am

    Contact Our Property Experts