8% Freehold Investment!
Miles and Barr Commercial are delighted to be assisting with the sale of this freehold commercial investment in Biggin street, Dover.
The premises is currently occupied by “XPG” of whom are on a 5 year lease from February 2023 paying a rental amount of 800pcm with a rent review after two years.
The shop comprises a ground floor sales area, a spacious basement to the rear and an additional first floor store room and external WC. The first floor residential accommodation also contributes £250 in ground rent to the freeholder.
Rateable Value: £6,400
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity provided by Lifetime Legal. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, directly to Lifetime Legal, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
|Ground Floor Sales Area||18' 9" x 16' 7" (5.71m x 5.05m)|
|First Floor Storage Room||9' 6" x 13' 5" (2.90m x 4.10m)|