Freehold Former Bank with Development Opportunities
Substantial former bank building
Prominent position in Dover town centre overlooking Market Square
Commercial area of approx. 512.98 sq. m. (5,521 sq. ft.) over Ground, First and Basement Floors
Of interest to owner occupiers
Asset management opportunities
Nearby occupiers include Lloyds Bank, KFC, British Heart Foundation and a number of local retailers
Not elected for VAT
Lot 24
Auction 15th May 2025
Vacant Possession
Status Available
Guide* £325,000
Sector Bank, Development
Auction Venue Live Streamed Auction
On Behalf of NatWest Bank
Property Information
Location
Miles
70 miles south east of London, 16 miles east of Canterbury, 17 miles south of Margate
Roads
A20, A2, M20
Rail
Dover Priory Rail
Air
Gatwick Airport
Situation
The important and historic town of Dover is situated on the south-east tip of the country some 70 miles from London. Dover is famous for its Castle, the White Cliffs and the busy and historic port. The property is situated on the west side of Market Square, 600 yards (550 m) from Dover Priory train station and 300 yards (275 m) from St James Retail and Leisure Park. Nearby occupiers include Lloyds Bank, KFC, British Heart Foundation and a number of local retailers.
Tenure
Freehold.
Location
Miles
70 miles south east of London, 16 miles east of Canterbury, 17 miles south of Margate
Roads
A20, A2, M20
Rail
Dover Priory Rail
Air
Gatwick Airport
Situation
The important and historic town of Dover is situated on the south-east tip of the country some 70 miles from London. Dover is famous for its Castle, the White Cliffs and the busy and historic port. The property is situated on the west side of Market Square, 600 yards (550 m) from Dover Priory train station and 300 yards (275 m) from St James Retail and Leisure Park. Nearby occupiers include Lloyds Bank, KFC, British Heart Foundation and a number of local retailers.
Tenure
Freehold.
Description
The property is a prominent terraced building on Market Square providing former bank accommodation on ground and ancillary accommodation at basement and first floor levels. The first floor benefits from self-contained access onto Market Square. The property includes a rear yard with 4 car parking spaces. Floor plans are available upon request.
VAT
Not elected for VAT
Planning
The property may lend itself to residential conversion, alternative uses and/or redevelopment, subject to obtaining all the necessary consents and lease agreements. All enquiries should be made with Dover District Council. (https://www.dover.gov.uk/Planning/Planning.aspx) (Phone: 01304 872486)
Note
This sale is conditional and is subject to confirmation by the Seller. Please see further details within the Special Conditions of Sale.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property is a prominent terraced building on Market Square providing former bank accommodation on ground and ancillary accommodation at basement and first floor levels. The first floor benefits from self-contained access onto Market Square. The property includes a rear yard with 4 car parking spaces. Floor plans are available upon request.
VAT
Not elected for VAT
Planning
The property may lend itself to residential conversion, alternative uses and/or redevelopment, subject to obtaining all the necessary consents and lease agreements. All enquiries should be made with Dover District Council. (https://www.dover.gov.uk/Planning/Planning.aspx) (Phone: 01304 872486)
Note
This sale is conditional and is subject to confirmation by the Seller. Please see further details within the Special Conditions of Sale.
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
Possession
Ground Basement First
Former Bank Ancillary Ancillary
233.18 157.70 122.10
(2,510) (1,697) (1,314)
VACANT
Total Approximate Floor Area
512.98
(5,521) (1)
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
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.
