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Lot 9 Sold: £125,000

Auction: Wednesday 18th September 2024

77 Bank Street, Maidstone, Kent ME14 1SJ

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Lot 9   Click here for addendum

Vacant Freehold Building
6 Week Completion

Situation

Located in the heart of the Town Centre, Bank Street is considered to be the most complete historic street in the town, with most of the buildings having Listed status, and now providing the main location for speciality retailers, Restaurants, Bars & Nightclubs.
It runs parallel with Middle Row and the High Street, which houses the town's prime retailing.
Maidstone is located roughly midway between Sevenoaks and Ashford, enjoying easy access via the A229 and A249 to the M20 (Junctions 6 & 7).

Property

A Period, Grade II Listed terraced building comprising a Ground Floor Shop with internal access to Ancillary Storage at first and second floor levels.

Accommodation

First Floor

Ground Floor Shop
Gross Frontage 15'3"
Internal Width 13'4"
Shop Depth 46'0"
Built Depth 61'6"
Sales Area Approx. 615 sq ft
Kitchen, WC
Storage Area Approx. 515 sq ft
Shower/WC
Second Floor
Storage Area Approx. 535 sq ft
WC
Total Area Approx. 1,665 sq ft


VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

Note 1: There is a Right of Way for means of escape from the side passageway of No 76.

Note 2: The Freehold of the adjoining property (No. 78) is also being offered for sale in this auction - see Lot 8

Enquire about this lot:

Photo of John Barnett

John Barnett
020 8492 9449
jbarnett@barnettross.co.uk

Photo of Jonathan Ross

Jonathan Ross
020 8492 9449
jross@barnettross.co.uk

JOINT AUCTIONEER:
Williamson Dace Brown

Tel: 020 8886 4407   Ref: Tom Dace
thomas@wdbproperty.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.