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Walter House, Fishmongers Lane, 9 &... Mixed use for sale
Walter House, Fishmongers Lane, 9 & 10 King Street and, 3, 4 & 5 Flying Horse Lane, Dover, Kent
£1,000,000
Walter House, Fishmongers Lane, 9 & 10 King Street and, 3, 4 & 5 Flying Horse Lane, Dover, Kent
£1,000,000
Our Summary
- We are advised by the seller that there was planning for houses in 2010 (now expired) and boundary extends into the river, offering potential for geothermic heat exchanger, subject to any necessary consents being obtainable
- We are advised by the seller that the flat has castle views and offers potential for a sea view balcony, subject to any necessary consents being obtainableTenancyLet under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £850 per calendar month
- We are advised by the seller that it may offer potential for a balcony conservatory, subject to any necessary consents being obtainable
- EPC Rating DCouncil Tax Band A3 Flying Horse LaneFormer Sorting Office Building adjacent to the River Dour, in need of total refurbishment (no access permitted)
- Planning ApplicationA Planning Application has been made under reference 20/00964 for the erection of a five storey building, a Change of Use version of the existing building to incorporate six flexible use units (commercial/retail/restaurant) to ground floor, fourteen additional self-contained flats to upper floors and remodelling of the existing nine flats (partial demolition of 9 & 10 King Street and demolition of 1 Fishmonger Lane and 1-5 Flying Horse Lane)
- Auction Date : 12 June 2025
- For Sale by Online Auction
- Freehold Commercial And Residential Investment With Re-development Potential
Description
This substantial mixed-use building in Dover town centre comprises three commercial premises and nine flats, with frontages to three sides. The property is located near the St James Retail and Leisure Park, Market Square, and the seafront. The commercial units are occupied by a florist café and a former dental surgery, with potential rental income of £7,500 and £12,000 per annum, respectively. The residential flats range from one to three bedrooms, with some offering sea views, and are let under Assured Shorthold Tenancy Agreements. The property also includes a former sorting office building and a three-storey building with a garage, both in need of refurbishment. A planning application has been submitted to redevelop the site, incorporating six flexible use units and 14 additional self-contained flats. The property offers potential for geothermic heat exchanger and balcony conservatories, subject to necessary consents.