July 2023: Tuesday 18 July 2023 - 9:00am
Your Bid
Guide price TBA
Hammer price

Withdrawn

Withdrawn Prior

Sold

Sold Prior

Sold Post

Place a proxy bid on Lot #{{ lot.total_lot_number }}

Guide Price:

TBA
Bid now

Floorplan
    • View Virtual Tour

      Play

    Remove from wishlist

    Add to wishlist

    Key features

    • Investment let at £22,000 p.a. ( 8.8% GIY on guide)
    • Let on a 10 year from 16/07/2016 FR&I lease
    • Future development potential to convert the upper floors into residential use or add an additional floor (subject to the requisite consents and existing lease)
    • Located in the Centre of Dartford and forming part of busy shopping a parade on a pedestrianised street.
    • An approx. 118 sqm (1,265 sq ft) with rear and side access.
    • 6 week completion available
    • VAT free investment
    • Viewing upon request with the auctioneer

    Description

    The property is an end of terrace building comprising of a two storey property arranged over ground and first floor forming part of busy of a shopping parade.

    The property is currently trading as a gaming shop on the ground floor with ancillary staff room and office on First Floor.

    Located adjacent to Dartford Priory Shopping centre with near by occupiers including KFC, Subway (adjacent), British Heart Foundation, Holland & Barrett as well as widen range of local and independent retailers

    The tenant (Crown Leisure limited) reported a turnover in 2022 of £25,275,808; an operating profit of £2,221,793 and equity share holders funds of £4,159,637

    Additional information

    Tenure

    Freehold

    Rent

    £22,000 p.a.

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.

      • View Virtual Tour

        Play

      Arrange a viewing

      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

      Please select a time from the options below

      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      The property is located at the junction of Lowfield Street and Market Street

      Dartford Station is located an approx. 0.3 miles from the property

      Transport

      Dartford Station - South Eastern Rail services

      Legal documents

      Login to view legal documents

      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums