Lot 142 - Freehold Property With Vacant Upper Parts
47 High Street, Kent, CT11 9AG
Guide Price: *
£220,000
Fees apply
Buyer's fee:Check legal pack
All fees include VAT at 20%
Holding Deposit: *£5,000
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£232,500Bid history
15 bidsDThis is an automatic bid as the bidder has set a maximum bid for this lot
12/06/2024 14:25:37 - £232,500
M
12/06/2024 14:25:11 - £231,500
DThis is an automatic bid as the bidder has set a maximum bid for this lot
12/06/2024 14:25:11 - £230,000
See all 15 bids ▾
Currently let at £12,000 per annum
A mid-terrace property located in Ramsgate town centre close to both local and national retailers and a short distance from its Royal Marina. The building, which has a mixed use, is arranged as a commercial unit on the ground floor and vacant upper parts with lapsed planning for two flats with separate access to the rear.
The property has had a new roof and the upper parts have been stripped back ready for conversion or perhaps the new owner may look to retain/refurbish the maisonette which had four bedrooms.
The upper parts have a private access to the rear across new decking and storage on the ground floor courtyard which also provides an emergency exit for the commercial unit. There is also a wooden roof terrace to the third floor with views across Ramsgate.
Commercial Unit - Ground Floor
Discovery Planet - Tenancy
Let on a five-year commercial lease at a current rental of £12,000 per annum, running until 2026.
Residential Parts
Ground Floor
Access via rear over decking.
First Floor
Store room and three rooms.
Second Floor
Three rooms.
Third Floor
Three rooms and access to roof terrace.
Tenancy
Vacant.
Local Planning Authority
Thanet District Council. Tel: 01843 577000. Website: thanet.gov.uk.
Planning
Planning Permission was granted by Thanet District Council under ref: F/TH/19/0576 dated 10th July 2019 for change of use of four bedroom maisonette on upper floors to one, one-bedroom and one, two-bedroom self-contained flats together with insertion of dormer window to side elevation, alterations to windows and doors, subject to conditions.
This has now lapsed and a copy of the Planning Permission and accompanying documents may be downloaded from the Local Planning Authority website thanet.gov.uk.
Freehold with Part Vacant Possession
Joint Auctioneer
Miles & Barr, 1 The Links, HERNE BAY, CT6 7GQ, 01227 499500
Summary
- Lot number
- 142
- Auction end
- 12th Jun at 14:30
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 0
- Bathrooms
- 0
- Council tax band
- Ask Agent
Summary
- Lot number
- 142
- Auction end
- 12th Jun at 14:30
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 0
- Bathrooms
- 0
- Council tax band
- Ask Agent
This property is being sold by:
Clive Emson Auctioneers
0345 8500333
Rocky Hill, London Road, Maidstone, Kent, ME16 8PY
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Clive Emson Auctioneers shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Clive Emson Auctioneers. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
