Commercial Development in TN12

Commercial Road, Paddock Wood, Tonbridge, Kent, TN12 6EN

Brochure

Tenure: Freehold

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Starting bid£315,000

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Property features

Commercial Premises on ground floor with separate 1 bedroom apartment above
Garden to rear with potential
Ideal Investment Opportunity
High Street Location

Commercial Development in TN12

For Sale Via Online Auction. Fees Apply.

A freehold commercial premises for sale with a separate one bedroom maisonette above, granted with its own separate access.

Located in the heart of Paddock Wood, Tonbridge. This substantial freehold building containing an first floor maisonette on Commercial Road, as well as a commercial premises located prominently on a high street position.

The maisonette with a good sized lounge, kitchen and one well-proportioned bedroom, this property is perfect for individuals or couples seeking a convenient home. There is also further potential to demolish the Victorian brick built outside toilet and two storage sheds to create possibly a small building plot subject to the relevant planning permission.

The maisonette does require updating throughout but will provide an opportunity for someone to put their on stamp on it. The upstairs residential premises is completely independent from the shop with separate private access at the side of the building.

The property also comes with a commercial premises comprising of 3 rooms, a kitchen and shower room.

There is also a garden to the rear.

Location:
The shop is in a prominent high street position on Commercial Road.

This property presents an excellent opportunity for someone to create a home in an excellent position.

Description

A freehold commercial premises for sale with a separate one bedroom flat above, granted with its own separate access.

Tenure

Title number K796683 - Freehold

Location

Located in the heart of Paddock Wood, Tonbridge.

Additional Information

For further information please contact our office directly on 0191 737 1154, or alternatively via email on commercial@pattinson.co.uk. With regards to viewing subject property, this is to be done strictly by appointment.

Open map Street view

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.

Any amount payable at the close of the auction must be paid within 1 hour.

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

The legal pack is not yet available. The auction will not end until the legal pack has been made available here for at least 24 hours.

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