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Lot 9

Freehold Vacant Former Bank with potential for Residential conversion
6 Week Completion

Situation

Located close to the junction with High Street in the heart of the town centre close to the clock tower, opposite Betfred, amongst other multiples such as Papa John's, British Red Cross, Specsavers, Shoezone, Subway and a variety of independent retailers. There is also a Large Public Car Park to the rear.
Sheerness is the main commercial centre serving the Isle of Sheppey, located approximately 7 miles north of Sittingbourne with road access via the A249 which links with the M2 (Junction 5) and the M20 (Junction 7).

Property

A Grade II Listed mid terrace building comprising a Former Ground Floor Banking Hall with front access to Offices, a Kitchen and 3 Ladies and 2 Gents WCs on the first and second floors. There is an additional rear fire escape and a small Basement with metal vaults.
In addition, the property benefits from a Parking Area for up to 3 small cars.

Accommodation

Former Ground Floor Banking Hall
Gross Frontage 48'0"
Internal Width 46'5"
Built Depth 46'0"
Area Approx. 2,136 sq ft
Rear Store Area Approx. 240 sq ft
Basement Storage
Area Approx. 455 sq ft
First Floor Ancillary
6 Offices Approx. 1,144 sq ft
Second Floor Ancillary
5 Offices, Kitchen + 5 WCs Approx 1,021 sq ft
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Total Area Approx. 4,325 sq ft

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

VIDEO TOUR

Click here to view the video tour of the property.

Note: There is potential for conversion of the upper part into Residential, subject to obtaining the necessary consents.

*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.

12–14 Broadway, Sheerness, Kent ME12 1AE