Lowfield Street, Dartford, Kent, DA1

For Sale By Online Auction, Auction Date 14th May 2025 at 2PM. Fire Damaged With Planning Permission For Upper Maisonette And Ground Floor Commercial

FOR SALE BY MODERN METHOD OF AUCTION

Auction Guide* ?170,000 - ?190,000 + Fees**

VAT

This property is not elected for VAT

BIDDING

The Auction will take place online via our website www.sealeys.co.uk/auctions on Wednesday 14th May 2025 from 12pm, BIDDING WILL CLOSE AT 2pm.In order for you to bid, you will be required to register your card for an 'auction entrance fee', this is made up of an 'administration fee'*** and a 'buyers security fee'. This will only be charged to the successful buyer. Please see the Buyers Guide and the Common Auction Conditions for more information. If you have any further questions please contact the agent, or seek legal advice.The required 'auction entrance fee' for this LOT is - ?5,000

LOCATION DESCRIPTION

Lowfield Street is situated on the one way system running through Dartford town centre. The property is situated opposite the Priory shopping centre. Dartford Train station is a 0.3 mile walk. There are a number of public car parks in the vicinity.

PROPERTY DESCRIPTION

A 3 storey shop with planning permission to convert to a ground floor 'E' class unit with a 2 bedroom self contained maisonette to the upper floors. The property was fired damaged in 2022 and a full refurbishment is required. The planning permission can be found on the Dartford Borough Council website Ref. 25/00039/FUL

VIEWINGS

Due to the condition of the property, we are unable to facilitate viewings.

CURRENT BUSINESS RATES

Figures from the Valuation Office show a current rateable value ?0 as at April 2025 which normally means an amount payable of between 40%-50% of this figure. Please check with the relevant local authority which is Gravesham Council. Occupiers may qualify to apply for small business rates relief meaning you could pay nothing or proportion of this payable amount.

CURRENT CLASS OF BUSINESS USE

The landlord advises class 'E' use. We advise each interested party to verify this via planning department of the local authority Gravesham Borough Council.

ADDITIONAL INFORMATION

Our buyers terms and conditions are available on our website, along with the legal pack. We strongly recommend you read over all of the information available and seek legal advice before you place a bid. All bidders are subject to Anti Money Laundering regulations and we as agents are required to carry out checks on you before you can bid. To ensure you don't miss out on the auction, please, register early to allow us time to carry out these checks. We can not be held liable for anyone missing the auction due to their checks not being completed in time.

GUIDE PRICE*

Where a guide price (or range of prices) is published, that guide is the sellers minimum expectation at the date of publication. 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 register your interest or keep an eye on our website for any amendments to this.

FEES**

In addition to the bid price, you may be responsible for administration fees, other non-optional fees, and potentially the repayment of search and other costs. All lots are subject to the Common Auction Conditions and applicable Special Conditions of Sale.Before bidding, carefully review all available legal documentation to understand your potential liabilities. This includes potential costs such as Stamp Duty, Land Registry fees, and VAT, which may be applicable upon completion.If you have any doubts, please consult with your own professional advisors.

ADMINISTRATION FEE SCHEDULE***

The successful buyer is subject to an administration fee at the same time as the bidder security fee (auction entrance fee) for each LOT purchased. The administration fee is applied to the sale price in the following scaled incrementsand includes VAT;Up to ?99,999 =?1,080?100,000 - ?249,999 =?2,160?250,000 - ?499,999 =?3,600?500,000 Plus =?5,400Please see the 'General Conditions Of Sale' for detailed explanation of the terms.