Investment for sale in Chatham

AUCTION PROPERTY A vacant mid-terrace property well located for local amenities and Chatham's mainline railway station.

The building, which is currently arranged as a commercial unit split over the ground and lower ground floors and a maisonette above, has been granted planning permission for seven self-contained flats and Class E commercial space on the ground and lower ground floors.

Proposed Accommodation
Ground Floor
Commercial unit (Class E)
Commercial space and W.C.

Lower Ground Floor
Further commercial space with kitchenette, rear lobby, office/break room, cycle store.

Outside
Communal garden to rear.

Residential - Access via Rear
Lower Ground Floor
Flat 1
Entrance hall, utility room and shower room with W.C.

Ground Floor
Kitchen/living room with private terrace and bedroom.

Lower Ground Floor
Flat 2
Entrance hall, shower room with W.C., utility space and private terrace.

Ground Floor
Kitchen/living room with terrace and bedroom.

Residential - Access via Front
Ground Floor
Flat 3
Entrance hall, open plan kitchen/living/bedroom with private terrace and shower room with W.C.

First Floor
Flat 4
Entrance hall, open plan kitchen/living room/bedroom and shower room with W.C.

Flat 5
Entrance hall, open plan kitchen/living room/bedroom and shower room with W.C.

Second Floor
Flat 6
Open plan kitchen/living room/bedroom and shower room with W.C.

Flat 7
Open plan kitchen/living room/bedroom and shower room with W.C.

Planning
Planning Permission has been granted by Medway Council under ref: MC/24/0830, dated 9th August 2024, for change of use and construction of an extension to rear to create 7 flats and Class E(a) unit, subject to conditions.

A copy of the Planning Permission and accompanying documents may be downloaded from the Local Planning Authority website, Medway Council. Tel: 01634 331700.

Auctioneer's Note
Viewing will be external only as we understand the stairs have been replaced with a scaffolding tower providing access to all the floors.

Auctioneer's Note 2
The Auctioneer has been unable to internally inspect the property and interested applicants are advised to rely on their own investigations. Both existing and proposed floor plans are available on the Medway Council Planning Portal.

Maisonette - Council Tax Band C

Freehold with Vacant Possession

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.

Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/