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Lot 8 Click here for addendum

Vacant Freehold Building
6 Week Completion

Situation

Located in the heart of the Town Centre, Bank Street is considered to be the most complete historic street in the town, with most of the buildings having Listed status, and now providing the main location for speciality retailers, Restaurants, Bars & Nightclubs.
It runs parallel with Middle Row and the High Street, which houses the town's prime retailing.
Maidstone is located roughly midway between Sevenoaks and Ashford, enjoying easy access via the A229 and A249 to the M20 (Junctions 6 & 7).

Property

A most attractive, Period, Grade II* Listed terraced building with a beautifully decorated ornamental façade, comprising a Ground Floor Shop with small Cellar plus internal access to Ancillary Office/Storage at first, second and third floor levels.
There is also a Large Rectangular piece of Land at the rear, which has no separate access and was last used by the occupiers of No 76 as an outdoor drinking area/Beer Garden.

VAT is NOT applicable to this Lot

Accommodation

Ground Floor Shop
Gross Frontage	20'5”
Internal Width	18'7”
Shop Depth	20'5”
Built Depth	77'6”
Sales Area	Approx. 380 sq ft
Rear Office Area	Approx. 475 sq ft
Kitchen, 3 WCs
Cellar Area	Approx. 210 sq ft
First Floor
2 Rooms incl. WC	Approx. 820 sq ft
Second Floor
3 Rooms, Kitchen, WC	Approx. 800 sq ft
Third Floor
2 Rooms	Approx. 430 sq ft
Attic Room (Unusable)
Total Area	Approx. 3,115 sq ft
Rear Land 94'6'' x 51'6'' Approx. 4,900 sq ft

FREEHOLD offered with VACANT POSSESSION

Note 1: There may be potential to convert the upper floors into residential, subject to Planning and Listed building consents.

Note 2: The Freehold of the adjoining property (No. 77) is also being offered for sale in this auction - see Lot 9

Enquire about this lot:

JOINT AUCTIONEER:
Williamson Dace Brown
Tel: 020 8886 4407 Ref: Tom Dace
thomas@wdbproperty.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

78 Bank Street, Maidstone, Kent ME14 1SJ