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Property details
Map & nearby

Commercial property for sale in King Street, Dover

Investment

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Commercial property for sale

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Property features

Investment Property.
Rent From Shop and Flats.
Potential to Occupy Flats if desired subject to serving necessary notices.
Close to Market Square.
Close to Public Transport.

Property description

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 ***
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

5 Year lease, £15000 per annum Rent. Let 1st February 2023.

Flats

AST's
Flat 1 - 2 bedroom Flat Let for £550 pcm
Flat 2 - 2 bedroom Flat Let for £515 pcm
Flat 3 - 2 bedroom Flat Let for £495 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

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Tersons, and do not constitute property particulars. Please contact Tersons for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.