High Street, Dymchurch, TN29

Sold via secure sale. Positioned a short step away from the beach this long standing and popular business offers tremendous potential for either expansion or redevelopment of the extensive premises.
Built over three floors, basement storage fronting the main road, ground floor trading area with frontage onto the beach slip-way and upper residential use over two floors currently allowing for a generous two bedrooms, two bathrooms apartment. Further space exists on the upper floors ? currently used as storage, to convert into an additional residential unit with approved plans available for consideration.
We understand that the current owner is willing to include the benefit of the existing business, sale of beach goods, ice-cream etc. within the freehold sale and we are told that this provides a good seasonal turnover with healthy net profit ? we have been unable to verify the business viability and advise all interested parties to seek further independent confirmation.

Description
Positioned a short step away from the beach this longstanding and popular business offers tremendous potential for either expansion or redevelopment of the extensive premises.
Built over three floors, basement storage fronting the main road, ground floor trading area with frontage onto the beach slip-way and upper residential use over two floors currently allowing for a generous two bedroom, two bathrooms apartment. Further space exists on the upper floors ? currently used as storage, to convert into an additional residential unit with approved plans available for consideration.
It may alternatively be possible to exploit the ground floor storage section on the far-right hand side of the building into further residential accommodation, subject to permission.

Situated within the very centre of Dymchurch, this popular coastal resort attracts thousands of visitors, positioned in arguably the best location with direct sea views from the upper balcony, and with an excellent trading position directly opposite the main entrance to the beach. Dymchurch attracts thousands of holidaymakers, tourists, day-trippers daily and, being so close to other attractions, makes it an extremely desirable location. There is huge expansion and growth in the area which will attract even more footfall to the village.
We understand that the current owner is willing to include the benefit of the existing business, sale of beach goods, ice-cream etc. within the freehold sale and we are told that this provides a good seasonal turnover with healthy net profit ? we have been unable to verify the business viability and advise all interested parties to seek further independent confirmation.


In addition to the business premises the upper floors provide for a generous sized self-contained two bedroomed apartment with large balcony having sea views, we understand that this has been successfully rented out providing an income of ?14,400/pa. Further storage space also exists at this level with potential for an additional flat.
The current arrangement may suit someone looking for a business with living accommodation above or investor looking to further exploit the potential on offer.
Alternatively, as a multi-functional premises, subject to the necessary change of licensing, opportunity may exist for a Take-Away, Airbnb, holiday home by the sea (literally steps from the sand, sea and shops).


The property, business, equipment and stock at value is available for sale on a freehold basis by way of secure sale auction terms and conditions apply with a guide price of ?450,000.

EPC Rating: To be confirmed.
Business Ratable Value: ?10,250
Business rated area: 187sqm. NIA.


This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales:
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack:
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit:
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees:
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of ?5,000 + VAT (?6,000 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information:
For more information call our partner auction experts on 0191 206 9335 or email [email protected]


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