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More about this property

Grade II Listed

Mixed commercial/residential

Freehold investment

Sold as a going concern tenants in situ

Central Market Place location

No VAT

EPC Rating C

Freehold

A mixed, freehold commercial investment grossing c.£26,000pa - 5.7% yield - comprising retail shop, office space and residential apartment. All currently let and producing income.

Situated in Market Place opposite the historic Guildhall building, this property would be a fine addition to any commercial portfolio, or equally a great starting point for an investor looking for income diversity. This Grade II listed building has been expertly maintained by a well-known local company for many years and property of this type and style are seldom on the market.

All enquiries direct to Breadings as sole agent.

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EPC for Market Place, Faversham, ME13

EPC graph for Market Place, Faversham, ME13

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Breadings
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Refundable Holding depositCapped at 1 weeks rent
Security DepositCapped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000
RentThe agreed monthly rent
Changes to tenancyCapped at £50 inc VAT
Early termination chargeNot exceeding the landlord’s financial losses
Late payment of rentInterest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue
Replacement keysReasonable costs or give the tenant the option to purchase themselves
Utilities, council tax, communication services, TV Licence etcTenants own responsibility unless otherwise stated in contract
Client Money Protection Scheme Membership detailsThe law requires your membership details
Property Redress Scheme Membership detailsThe law requires your membership details