Features
- Investment Property.
- Rent From Shop and Flats.
- Potential to Occupy Flats if desired subject to serving necessary notices.
- Close to Market Square.
- Close to Public Transport.
FULL DESCRIPTION
Freehold Investment Property for sale. Building comprises ground floor lock up shop (currently let) 3 Flats let on AST's and 3 flats let on lease to Dover District Council. Close to the centre of Dover.
*** FREEHOLD INVESTMENT FOR SALE ***
Building comprises Ground Floor Lock Up Shop with Basement currently Let, 3 Flats let out on AST's and 3 Flats let to Dover District Council on a Lease.
Situated off the Market Square close to St James Development.
Description.
A corner four storey building of older style close to the centre of Dover with easy access to St James Development and also public transport facilities. The property is off the regenerated Market Square.
Ground Floor Shop
5 Year lease, £15000 per annum Rent. Let 1st February 2023.
Flats
AST's
Flat 1 - 2 bedroom Flat Let for £550 pcm
Flat 2 - 2 bedroom Flat Let for £515 pcm
Flat 3 - 2 bedroom Flat Let for £495 pcm
Flats 4, 5 & 6 are let to Dover District Council. Lease dated 23rd December 2014 for a term of 26 years 3 months terminating in 2040, and responsible for a percentage of the maintenance and insurance of the building.
Services
We understand the property is connected to mains gas, electricity, water and drainage.
Business Rates / Council Tax
1-2 King Street - Shop UBR 1st April 2023 £12,000
All Flats are in Council Tax Band A
Energy Performance Certificates.
Shop Rating C Expires 2033
Flats 1-3, 1 King Street - Rating D
Viewing
Strictly by appointment only through Tersons
Tele: 01304 246115
Viewing
Please contact us on 01304 246111 if you wish to arrange a viewing appointment for this property, or require further information.
Disclaimer
Tersons endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
*** FREEHOLD INVESTMENT FOR SALE ***
Building comprises Ground Floor Lock Up Shop with Basement currently Let, 3 Flats let out on AST's and 3 Flats let to Dover District Council on a Lease.
Situated off the Market Square close to St James Development.
Description.
A corner four storey building of older style close to the centre of Dover with easy access to St James Development and also public transport facilities. The property is off the regenerated Market Square.
Ground Floor Shop
5 Year lease, £15000 per annum Rent. Let 1st February 2023.
Flats
AST's
Flat 1 - 2 bedroom Flat Let for £550 pcm
Flat 2 - 2 bedroom Flat Let for £515 pcm
Flat 3 - 2 bedroom Flat Let for £495 pcm
Flats 4, 5 & 6 are let to Dover District Council. Lease dated 23rd December 2014 for a term of 26 years 3 months terminating in 2040, and responsible for a percentage of the maintenance and insurance of the building.
Services
We understand the property is connected to mains gas, electricity, water and drainage.
Business Rates / Council Tax
1-2 King Street - Shop UBR 1st April 2023 £12,000
All Flats are in Council Tax Band A
Energy Performance Certificates.
Shop Rating C Expires 2033
Flats 1-3, 1 King Street - Rating D
Viewing
Strictly by appointment only through Tersons
Tele: 01304 246115
Viewing
Please contact us on 01304 246111 if you wish to arrange a viewing appointment for this property, or require further information.
Disclaimer
Tersons endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
