149, High Street, HERNE BAY, Kent, CT6 5AQ

Lot 74 · CT6 5AQ · Barnard Marcus · South East

£115,000guide price
13.0%gross yield
Mixed-Use13.0% gross yieldBeen to auction before

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Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

Prior auction appearance

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EPC E

This may be rentable, but it leaves little room for future energy-standard changes or lender caution.

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149, High Street, HERNE BAY, Kent, CT6 5AQ
Photo: Barnard Marcus catalogue

About this lot

Freehold two floor mid terrace building arranged to provide a ground floor retail unit together with ancillary accommodation above. Possible potential for Redevelopment, subject to obtaining all necessary consents. Investment. By Order of the LPA Receivers.

:Freehold mid-terrace building arranged as a ground floor retail unit with ancillary accommodation to the first floor. The property benefits from a rear yard.Accommodation:The auctioneers were unable to inspect the property at the time of going to print although believe it comprises the following accommodation: Prospective purchasers must rely on their own enquiries in this respect.First Floor: Two rooms (believed to be used as bedrooms), Bathroom/WCGround Floor: Retail area, KitchenOutside: Rear yardGross Internal Area GIA (Source: EPC) approximately 97 sq m (1,044 sq ft)EPC rating: ECouncil Tax Band: (First floor flat) ATenancy:The property is being offered for sale By the Order of the LPA Receivers. They believe the property is let on a 15-year commercial lease from 27th June 2019 at a rent of £15,000 per annum, The receivers are notcurrently collecting rent. Prospective purchasers are referred to the legal documentation and must satisfy themselves in this regard.Rent reserved:£15,000 per annumNote 1:The internal photos within the marketing details are from 2024, prospective purchasers must rely on their own enquires with regards to the current condition.Note 2:Finance available for this lot subject to status, contact the auctioneers for further information.Important Notice: For each Lot, a contract documentation fee of £1,800 (inclusive of VAT) is payable to Barnard Marcus…

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Key facts

74Lot number
Mixed-UseUse class
FreeholdTenure
EEPC
1,044 sq ftFloor area
£15K/yrPassing income
15 October 2026Auction date

Investor angles

DevelopmentReceivershipInvestment Let

This property has been to auction before

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DateHouseResultPrice
19 July 2017Allsop🔒🔒

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