12 Market Street, Faversham, Kent, ME13 7AA
Clive Emson Land & Property AuctioneersClive Emson Auctioneers is one of the UK’s leading property auction houses, specializing in residential, commercial, and land sales. With decades of experience, they provide expert advice and a seamless auction process, attracting buyers and sellers across London, the South East, and the West Country.
Read more Read moreLocated on the Southern side of Market Street, close to various retailers, including Superdrug, Specsavers and Boots, as well as estate agents/letting agents and banking facilities which include Nationwide and NatWest. This three storey mid-terrace building is a mixed use investment with ground floor shop let to Card Factory and four flats above, two having been sold on long leases. Card Factory Ground Floor Rectangular shop floor, W.C, office, staff area and storage. Tenancy Let under the terms of a five year commercial lease from 22nd July 2019, at a current rental of £19,250 per annum. It is understood that there was a break clause which was not exercised. Residential Access via rear, external staircase. First Floor Flat A Entrance hall, kitchen/Living room, bedroom and shower room with W.C. Tenancy Let on an Assured Shorthold Tenancy at a current rental of £725 per calendar month. Flat B Entrance hall, kitchen/Living room, bedroom and shower room with W.C. Tenancy Let on an Assured Shorthold Tenancy at a current rental of £675 per calendar month. It is understood a new Agreement is to begin in June 2022 at a rental of £700 per calendar month. Council Tax Band Flats A and B are both Band A. Flat C & Flat D Tenure Sold on a 125-year lease from the 25th December 2002 at a peppercorn rent. Viewing External only.
