Charlton Shopping Centre and Car Park High Street Dover Kent CT16 1TT

  • Charlton Shopping Centre and Car Park<br>High Street<br>Dover<br>Kent<br>CT16 1TT

Charlton Shopping Centre and Car Park
High Street
Dover
Kent
CT16 1TT

Freehold Shopping Centre Investment

  • Comprises 20 Retail Units, 10 Studio Flats, 3x2 Bed Flats, 1x3 Bed Flat, a Food Court, Gallery Space and a 300 Space Multi-Storey Car Park
  • Approximately 2,657.96 sq m (28,609 sq ft)
  • Further Residential Development Potential (subject to consents)
  • 350m from Dover Priory Train Station and 500m from Castleton Retail Park
  • Nearby Occupiers include Asda, Morrisons, PureGym, Boots, Aldi, JD Wetherspoon, Poundland and Domino's
  • Lot
    22
  • Auction
    25th September 2024
  • Rent
    £269,816 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price
     
  • Sector
    Shopping Centre
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Charity
  • Expand
  • Photos
  • Map

Freehold Shopping Centre Investment

  • Comprises 20 Retail Units, 10 Studio Flats, 3x2 Bed Flats, 1x3 Bed Flat, a Food Court, Gallery Space and a 300 Space Multi-Storey Car Park
  • Approximately 2,657.96 sq m (28,609 sq ft)
  • Further Residential Development Potential (subject to consents)
  • 350m from Dover Priory Train Station and 500m from Castleton Retail Park
  • Nearby Occupiers include Asda, Morrisons, PureGym, Boots, Aldi, JD Wetherspoon, Poundland and Domino's
  • Lot 22
  • Auction 25th September 2024
  • Rent £269,816 per Annum Exclusive
  • Status Withdrawn Prior
  • Price  
  • Sector
    Shopping Centre
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Charity

Property Information

Location
Miles
70 miles south east of London, 16 miles east of Canterbury, 17 miles south of Margate
Roads
A20, A2, M20
Rail
Dover Priory Rail
Air
Gatwick Airport
Situation

The important and historic town of Dover is situated on the south-east tip of the country some 70 miles from London. Dover is famous for its Castle, the White Cliffs and the busy and historic port. The property is situated on the east side of High Street, 350m from Dover Priory train station and 500m from St James Retail and Leisure Park. Nearby occupiers include Asda, Morrisons, PureGym, Boots, Aldi, JD Wetherspoon, Poundland and Domino's.

Tenure

Freehold.

Location
Miles
70 miles south east of London, 16 miles east of Canterbury, 17 miles south of Margate
Roads
A20, A2, M20
Rail
Dover Priory Rail
Air
Gatwick Airport
Situation

The important and historic town of Dover is situated on the south-east tip of the country some 70 miles from London. Dover is famous for its Castle, the White Cliffs and the busy and historic port. The property is situated on the east side of High Street, 350m from Dover Priory train station and 500m from St James Retail and Leisure Park. Nearby occupiers include Asda, Morrisons, PureGym, Boots, Aldi, JD Wetherspoon, Poundland and Domino's.

Tenure

Freehold.

Description

The property is a substantial shopping centre and 300 space multi-storey car park. The shopping centre comprises 20 retail units on the ground floor and 10 studio, 3 x 2 bed and 3 x 1 bed flats on the first floor. There is also a food court and a gallery space as well as 14 additional car parking spaces and a service yard.

There is potential for further residential development on the upper floor, subject to consents.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Description

The property is a substantial shopping centre and 300 space multi-storey car park. The shopping centre comprises 20 retail units on the ground floor and 10 studio, 3 x 2 bed and 3 x 1 bed flats on the first floor. There is also a food court and a gallery space as well as 14 additional car parking spaces and a service yard.

There is potential for further residential development on the upper floor, subject to consents.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Tenancy & Accommodation

Unit Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Rent Review
(Reversion)
Unit 1 Ground Retail
125.39
(1,350)
ODYO LTD (CRN: 11421704) 5 years from 01/06/2022
£6,000
(31/05/2027)
Unit 2a Ground Retail
-
(-)
AN INDIVIDUAL Holding Over
£1,500
 
Unit 2b Ground Retail
-
(-)
AN INDIVIDUAL Holding Over
£1,500
 
Unit 3 Ground
First
Retail
Ancillary
93.30
47.90
(1,004)
(516)
DOVER BIG LOCAL CIC (CRN: 12865175) Holding Over
£3,000
 
Units 4 & 5 Ground Retail
234.10
(2,520)
AN INDIVIDUAL 5 years from 01/09/2023
£12,916
(31/08/2028)
Unit 6 Ground Retail
98.60
(1,061)
TWO INDIVIDUALS 5 years from 01/08/2020
£6,000
(31/07/2025)
Unit 7 Ground Retail
107.61
(1,158)
DOVER OUTREACH CENTRE (CN: 1168737) 2 years from 05/07/2023
£8,000
(04/07/2025)
Units 8-10
Units 14
Ground
Ground
Retail
Retail
235.87
82.30
(2,539)
(886)
SLEEPYHEAD BEDS LTD (CRN: 08674946) 7 years from 17/10/2020
£22,300
(16/10/2027)
Unit 11 Ground Retail
63.50
(684)
BURNAP + ABEL (DOVER) LTD (CRN: 11241818) 4 years from 01/11/2021
£8,500
(31/10/2025)
Unit 12 Ground Retail
88.00
(947)
TWO INDIVIDUALS 3 years from 01/12/2021 (2)
£8,000
(30/11/2024)
Unit 13 Ground Retail
76.01
(818)
AN INDIVIDUAL 2 years from 01/08/2024
£7,500
(31/07/2026)
Unit 15 Ground Retail
84.20
(906)
AN INDIVIDUAL 3 years from 17/06/2018 holding over (2)
£5,000
-
Unit 16 Ground Retail
76.75
(826)
DOVER BIG LOCAL CIC (CN: 12865175) 4 years from 01/09/2020 holding over (2)
£3,800
-
Unit 17 Ground
First
Retail
Ancillary
162.20
31.00
(1,746)
(334)
AN INDIVIDUAL 1 year from 01/10/2023 (2)
£5,500
(30/09/2024)
Unit 18 Ground Retail
87.74
(944)
DOVER BIG LOCAL CIC (CN: 12865175) 4 years from 01/11/2020 (2)
£3,000
(31/10/2024)
Unit 19 Ground Retail
97.40
(1,048)
BEMIX 5 years from 01/08/2019 holding over (2)
£6,000
(31/07/2024)
Unit 20 Ground Retail
17.50
(188)
BIG LOCAL SECOND HAND CLOTHES Holding Over
£0
 
1st Floor First Retail
848.59
(9,134)
FUTURE FOUNDRY CIC (CRN: 08097168) A term from 01/05/2024
£15,000
 
Residential Flats First Residential
10 x 1 Studios, 3x2 2 Bed Flats, 1x3 Bed Flats
(-)
A HOUSING CHARITY 5 years from 11/11/2020
£90,000
(10/11/2025)
Car Park - Car Parking
300 Parking Spaces
(-)
Income from casual and income parking -
£48,300 (3)
-
Access Road - -
-
(-)
J SAINSBURY PLC (CRN: 00185647) 55 years from 29/09/1979
£8,000
(28/09/2034)
Total Approximate Commercial Floor Area    
2,657.96
(28,609)
   
£269,816
 

(1) The above floor areas have been taken from the Valuation Office Agency (https://www.gov.uk/find-business-rates).
(2) New leases are currently being negotiation.
(3) Please see the legal pack for full receipts.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Brochure
    Updated Date
    25.09.24
    File Size
    7 MB
    View PDF
  • Common Auction conditions
    Updated Date
    20.05.24
    File Size
    620 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Seller's Solicitors
Asserson Churchill House, 137-139 Brent Street
London
NW4 4DJ
David J Haffner (0)207 173 1920DJ.Haffner@asserson.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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