Commercial Property, 269, 269a and 271 London Road, Deal, Kent, CT14 9PW

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £495,000

Welcome to an opportunity to purchase the freehold and invest in a popular and well-known Commercial Premises on one of the busiest main roads in Deal, Kent. This commercial and residential property has two main functions of a take-away premises, and a large flat, currently providing an annual income.

OPPORTUNITIY

This is a fully let commercial food takeaway premises with a 4-bedroom flat above - 17,800k per annum on a term of 20 years from 28th July 2008 to 27th July 2028.

THE PROPERTY

GROUND FLOOR

The ground floor is currently being used as a takeaway business, with large storage areas and vast kitchen facilities and a good-sized shop area for customers. There is parking for 2-3 vehicles next to the take-away entrance, separate access to the rear kitchen section, perfect for deliveries and further separate access to the large storage facility at the front of the building.  All areas of the downstairs food preparation, storage, catering, and shop are all accessible internally.

This large, detached building has attractive arched windows to the main shop and a concave tented roof.

ACCOMMODATION

The large flat comprises of 3 bedrooms and 2 reception rooms, a kitchenette and shower room. The main reception room (currently being used as a bedroom) has a fireplace and dual aspect windows.

The second reception/dining room has access onto a balcony.

The flat has separate external access only, allowing flexibility for any future use plans.

OUT AND ABOUT

Due to the location of this premises, there is easy access for walking, driving, and taking public transport from the bus stop opposite the outlet.

This popular takeaway services Deal locals and visitors to the town with its busy short- and long-term tourism.

Deal’s town centre and seafront with its historic pier, is ideal for a wander, with plenty of independent shops and places to explore.

If you enjoy being outdoors, the promenade stretches for around a mile north towards the golf club, or south to Walmer—perfect for a brisk morning walk or an evening stroll to catch the sunset.

Golfers are well served too, with Royal Cinque Ports and Walmer & Kingsdown Golf Club close by. Royal St George’s in Sandwich—host to 15 Open Championships, dating back to 1894—is less than a 20-minute drive away.

Deal is an ideal base for European adventures, with Dover and the Eurotunnel terminal at Folkestone both within easy reach by car and London is under 90 minutes away by Hi Speed Train.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.