Industrial park for sale
Property description & features
- Tenure: Freehold
- For Sale by Online Auction
- Auction Date : 01 November 2024
- Lot Number : 112
- Established Commercial Site Producing Strong Income
- Commercial Investment
- Freehold
- Current Rental : £114,600 Per Annum
- *Guide Price : £1,000,000 £1,200,000 + Fees
Lamberts Yard has 15 light industrial units with all but two being currently let on written agreements. We understand the current owner has been approached by potential tenants with an expected further income in the region of £15,000 per annum, to be negotiated by the new owner.
The site has a gated entrance giving access to the majority of the units with a separate gated entrance giving access to units 1a and 1b, hardstanding throughout and a site office which will be vacant.
Local Planning Authority
Thanet District Council. [use Contact Agent Button]. Website: thanet.gov.uk.
Auctioneer’s Note
A tenancy schedule will be included as part of the legal pack, which will be available to download from the Clive Emson website.
Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on[use Contact Agent Button], in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
Places of interest
Clive Emson Land & Property Auctioneers - Maidstone
Rocky Hill, London Road Maidstone, Kent ME16 8PY
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