Postponed
- Mixed Use
- Tenure: Leasehold. 99 years from 1st September 2007
Call the team on 01702 939933 for more information
Long Leasehold Mixed Use Investment
A Long Leasehold Mixed Use Investment comprising a shop currently trading as a hot food takeaway and a self-contained flat. Let as a whole at a rent of £15000 pa the investment produces a yield of over 11% (based on Guide Price). The entire property is held on a 99 year Lease from 01/09/2007 and is let on a Lease for a term of 15 years to August 2036 at a Rent of £15,000 pa. The property is situated in a busy commercial street close to the centre of Chatham.
Tenure
Leasehold. 99 years from 1st September 2007
Ground Floor
Lock Up Shop Currently Trading as a Hot Food Take Away 37.56 sq M (source VO)
Self Contained Maisonette
Arranged over first and second floors and compromising living/dining/kitchen area. bedroom and bathroom/wc
Council Tax Band
A
Viewings
Individual viewings can be arranged. Please call the Chelmsford Office on 01702 939933 on to book an appointment.
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Medway Council
Solicitors
Excello Law, Ref: John Boydell, Tel: 0845 257 9449
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £1200 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
