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Lot 7 Sold After

417/419 High Street, Chatham, Kent ME4 4NU

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Lot 7   Click here for addendum

Freehold Commercial/Residential Investment
In same family ownership for over 20 years
6 Week Completion

Situation

Located close to the junction with Chatham Hill (A2) amongst a variety of independent retailers and serving the surrounding residential population.
Chatham is a Medway Town famous for its Naval history, situated between Rochester and Strood, approximately 7 miles north of Maidstone, 7½ miles south-east of Gravesend and enjoying excellent road access to the M2 (Junctions 1 & 2) via the A2.

Property

A mid terraced building comprising a Ground Floor Double Shop with separate rear access via a front archway to 2 Self-Contained Flats (Nos. 417a and 419a) on the first floor.
In addition, there is a separate terraced building to the rear also accessed via the front archway and a central courtyard comprising 2 Self-Contained Flats (Nos. 417b and 419b) planned on ground and first floors.
The property also includes a Courtyard Parking Area for 4 cars.

Note 1: There may be potential to create additional living accommodation in the roof space of both the front and rear buildings, subject to obtaining possession and the necessary consents.

VAT is NOT applicable to this Lot


FREEHOLD


Note 2: The ground floor of the adjoining property (Nos. 413/415) is also being offered for sale in this auction - See Lot 8.

Enquire about this lot:

Photo of Steven Grossman

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

Photo of Elliott Greene

Elliott Greene
020 8492 9449
egreene@barnettross.co.uk

*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.