Let to a martial arts school until January 2030 (no breaks)
Immediately adjacent to Herne Bay Railway Station
Approximately 359.20 sq m (3,866 sq ft)
Site area of 0.06 Ha (0.15 Acres).
Popular seaside town
Lot 25
Auction 13th February 2025
Rent £27,500 per Annum Exclusive
Status Sold
Price £235,000
Sector Gym, Development
Auction Venue Live Streamed Auction
On Behalf of Network Rail
Property Information
Location
Miles
6 miles north of Canterbury, 4 miles east of Whitstable, 54 miles east of Central London
Roads
A229, M2, A2
Rail
Herne Bay Railway Station
Air
London Stanstead Airport, London Gatwick Airport
Situation
The property is located in the seaside town of Herne Bay, a popular tourist destination. The property benefits from being prominently situated immediately adjacent to Herne Bay Railway Station, with a direct service from London St Pancras in 1 hour 24 minutes.
Tenure
Freehold.
Location
Miles
6 miles north of Canterbury, 4 miles east of Whitstable, 54 miles east of Central London
Roads
A229, M2, A2
Rail
Herne Bay Railway Station
Air
London Stanstead Airport, London Gatwick Airport
Situation
The property is located in the seaside town of Herne Bay, a popular tourist destination. The property benefits from being prominently situated immediately adjacent to Herne Bay Railway Station, with a direct service from London St Pancras in 1 hour 24 minutes.
Tenure
Freehold.
Description
The property comprises a single storey commercial building currently used as a martial arts studio upon a site of 0.06 Ha (0.15 Acres).
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a single storey commercial building currently used as a martial arts studio upon a site of 0.06 Ha (0.15 Acres).
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Ground
Martial Arts Studio
359.20
(3,866)
INDIVIDUAL
5 years from January 2025
£27,500
Total
359.20
(3,866) (1)
£27,500 (2)
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk). (2) The lease provides for a rent free period from until 29/09/2025. The Seller will 'top-up' the rent from completion of the sale until the expiry of the rent free period.
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.
.jpg){kind=logo}
