For Sale By Auction | 08:45, 12 March 2024 | Lot 39

6 Luton Road, Chatham, Kent, ME4 5AA

Sold £250,000

  • Mixed Use
  • 4 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Tue 12/03/2024

Auction Time

08:45

Auction Venue

Live Stream

Viewing Times:

Sat 2 Mar

10:00-10:30

Mon 4 Mar

14:30-15:00

Sat 9 Mar

10:00-10:30

A Mixed Use Investment Arranged to Provide a Ground Floor Retail Unit and Three Flats (2 x Studios & 1 x Two Bedroom Flat) Part Let Producing £4,800 Per Annum

The property comprises a mid terrace building arranged to provide a lower ground floor studio flat, a ground floor studio flat, a ground floor retail unit and a first and second floor two bedroom split level flat. The flats require a program of refurbishment, renovation and modernisation (all flats are vacant).

Tenure

Freehold

Location

The property is situated on a mixed use road close to local shops and amenities. The open spaces of Gillingham Park are within easy reach. Transport links are provided by Chatham rail station.

Accommodation

Lower Ground Floor Studio Flat Ground Floor Studio Flat (Kitchen not Fitted) Ground Floor Retail Unit First and Second Floor Flat First Floor Reception Room Bathroom Kitchen Second Floor Two Bedrooms

Exterior

The lower ground floor studio flat benefits from a private rear garden.

Tenancy

The retail unit is subject to a lease at a rent of £400 per calendar month.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

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

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.