8 - 10 High Street Dartford Kent DA1 1BY

8 - 10 High Street
Dartford
Kent
DA1 1BY

Freehold Bank/Residential Investment

Entirely let to Bank of Scotland plc (t/a Halifax)
Tenant in occupation since at least 1994
Benefits from 2 x three and four bedroom flats on first and second floors
Asset management opportunities
Nearby occupiers include Primark, Iceland, Boots the Chemist and WH Smith
Central pedestrianised location close to Orchards Shopping Centre
VAT free Investment
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
46
Auction
23rd March 2016
Rent
£67,500 per Annum Exclusive
Status
Sold
Price
£900,000
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP
On behalf of Receivers CBRE

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Freehold Bank/Residential Investment

Entirely let to Bank of Scotland plc (t/a Halifax)
Tenant in occupation since at least 1994
Benefits from 2 x three and four bedroom flats on first and second floors
Asset management opportunities
Nearby occupiers include Primark, Iceland, Boots the Chemist and WH Smith
Central pedestrianised location close to Orchards Shopping Centre
VAT free Investment
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 46
Auction 23rd March 2016
Rent £67,500 per Annum Exclusive
Status Sold
Price £900,000
Sector
Bank
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP
On behalf of Receivers CBRE

Property Information

Location

Miles: 12 miles east of Bromley, 16 miles north of Sevenoaks, 17 miles south-east of Central London
Roads: A2, A282, M20, M25
Rail: Dartford Railway Station
Air: London City Airport

Situation

Dartford is a market town located at Junction 1 of the M25 Motorway, just to the south of The Queen Elizabeth Bridge and the Dartford Tunnel. The property is situated in a prominent town centre position on the pedestrianised High Street, close to its junction with Spital Street. Nearby occupiers include Primark, McDonald’s, Boots the Chemist, WH Smith, Iceland and Lloyds and
NatWest Banks.

Tenure

Freehold.

Location

Miles: 12 miles east of Bromley, 16 miles north of Sevenoaks, 17 miles south-east of Central London
Roads: A2, A282, M20, M25
Rail: Dartford Railway Station
Air: London City Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor banking hall with ancillary accommodation at part first floor level. In addition, there are self-contained three and four bedroom flats on the first and second floors and four car parking spaces to the rear.

Six week completion

Note
This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without
personal liability.

VAT

VAT is not applicable to this lot.

Viewings

Viewings
There will be one viewing date for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore. Email: will.moore@acuitus.co.uk

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

Viewings

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
Ground Part First Part First Second	Banking Hall/Ancillary Ancillary Residential 3 Bed Flat Residential 4 Bed Flat	228.30 sq m 88.77 sq m Not Measured Not Measured	(2,457 sq ft) (955 sq ft) Not Measured Not Measured	BANK OF SCOTLAND PLC (t/a Halifax) (1)	25 years from 01/11/1994 on a full repairing and insuring lease	£67,500	31/10/2019
Total Commercial Area		317.00 sq m	(3,412 sq ft)			£67,500

(1) For the year ending 31st December 2014, Bank of Scotland plc reported pre-tax profits of £3,180,000,000 and a total net worth of £20,420,000,000. (Source: Experian Group 23/02/2016)