Land for sale

>

Land for sale

Land Between, Chatham Hill and Mount Pleasant, Chatham, Kent, ME5 7AB
£50,000

Our Summary

  • FOR SALE BY PUBLIC AUCTION - Thursday 5th December 2024 The site comprises 2 titles with vehicle access via Mount Pleasant and pedestrian access from Chatham Hill
  • Planning for a block of 4 flats with a footprint of 209 sqm was refused on 23/02/2022 Ref: MC/21/0537
  • Current Rent: £5000 pa Freehold For more information, legal documents and a guide to the auction process visit our website and download the online auction catalogue
  • They are not necessarily figures which a property will sell for and may change at any time prior to the auction
  • The reserve is a figure below which the auctioneer cannot sell the property during the auction

Description

This property is being sold by public auction on December 5th, 2024, and consists of two titles with vehicle and pedestrian access. Currently, part of the site is let to Space Outdoor Ltd for £5,000 per annum, with reviews, until 2025. The site has planning permission for a block of four flats, but this was refused in 2022. Instead, an alternative scheme for two semi-detached houses has been prepared, featuring 3-bedroom dwellings with parking provision. The property is being sold freehold, and the guide price is not specified. The auction guide notes that the reserve price will be within the guide range or no more than 10% above a single figure guide.
Finance This Property