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Lot 5

6 Week completion

SITUATION

Located in the eastern end of the High Street and amongst such multiples as Johnsons Dry Cleaners, Paddy Power and Sue Ryder as well as a variety of local retailers, restaurants, cafés and pubs. Rochester Rail Station is within close proximity.
Rochester is famous for its Cathedral and Castle as well as its connections to Charles Dickens and the Huguenots, lying some 28 miles east of central London and 8 miles north of Maidstone, with easy access to the M2 (Junction 2).

PROPERTY

A Grade II Listed mid terrace building comprising a Ground Floor Shop with internal access to Office/Store on the first and second floors. In addition, the property benefits from a small rear garden.

ACCOMMODATION

Ground Floor Shop
Gross Frontage 12'6"
Internal Width 11'0"
Shop Depth 33'4"
Built Depth 54'7"
2 WCs
First Floor
Offices Approx. 268 sq ft
Second Floor
Storage Approx. 320 sq ft

VAT is NOT applicable to this Lot

FREEHOLD

TENANCY

The entire property is let on a full repairing and insuring lease to your-move.co.uk Limited as Estate Agents (having over 270 branches) (T/O for Y/E 31/12/16 £89m, Pre-Tax Profit £346,000 and Shareholders' Funds £27.5m) for a term of 5 years from 15th May 2017 (Renewal of a previous lease - in occupation for over 10 years) at a current rent of £12,600 per annum exclusive.

Tenant's Break 2020

Note:The Purchaser will receive a personal signed cricket bat by the Vendor, former England Cricket Captain Alec Stewart, following completion of the sale.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

171 High Street, Rochester, Kent ME1 1EH