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Land for sale
Turngates Commercial Park, St. Marys Road, St. Mary in the Marsh, Romney Marsh TN29 0BT
£575,000
Turngates Commercial Park, St. Marys Road, St. Mary in the Marsh, Romney Marsh TN29 0BT
£575,000
Our Summary
- For sale by Unconditional Online Auction
- The site is currently occupied by 60 caravans/campervans but there is potential to fit more on the site in order to create more income
- Given the size and location of the site, we believe that it would suit a variety of potential uses (subject to the relevant planning consents) The site is located in a desirable, rural area approximately two miles inland from St Marys Bay and three miles north of New Romney, where you’ll find a selection of amenities and services
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
Description
This one-acre commercial site in Romney Marsh is currently generating an income of over £66,000 per annum from caravan and camper van storage, as well as three let workshops producing an additional £15,780 per annum. The site has potential for further development to increase income, and its rural location near St Marys Bay and New Romney offers easy access to amenities and services. The property is being sold by unconditional online auction, with a 5% deposit and 4.2% buyer's fee applicable. The guide price is not disclosed, but the reserve price will be within 10% of the guide price. The property is suitable for a variety of uses, subject to relevant planning consents, and is located near Ashford, which offers high-speed rail services to London and access to the M20 motorway.