£450,000
Property for saleKing Street, Dover CT16
6 baths
6 receptions
Sold STC
Freehold
About this property
Investment Property.
Rent From Shop and Flats.
Cash Buyers Only
Close to Market Square.
Close to Public Transport.
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 *** cash buyers only ***
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
6 Year lease, £16000 per annum Rent. Let August 2024.
Flats
AST's
Flat 1 - 2 bedroom Flat Let for £575 pcm
Flat 2 - 2 bedroom Flat Let for £575 pcm
Flat 3 - 2 bedroom Flat Let for £550 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:
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 *** cash buyers only ***
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
6 Year lease, £16000 per annum Rent. Let August 2024.
Flats
AST's
Flat 1 - 2 bedroom Flat Let for £575 pcm
Flat 2 - 2 bedroom Flat Let for £575 pcm
Flat 3 - 2 bedroom Flat Let for £550 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:
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