For sale by Unconditional Online Auction.

A one-acre, commercial site in Romney Marsh, currently producing an income in excess of £66,000 per annum.

A one-acre site used for caravan/camper van storage with three additional workshops. 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. The three workshops are currently let out and produce £15,780 per annum in total. 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. The market town of Ashford is within easy driving distance and offers a far greater selection of shopping facilities and amenities together with high-speed rail services from Ashford railway station including services to London St. Pancras in under 40 minutes. Access to the M20 Motorway is via Ashford or Hythe, the motorway also provides easy access to the Channel Tunnel Terminal and Port of Dover.

Draft Sales Details These sales details are awaiting vendor approval.

Tenure: See Legal Pack

EPC Rating: Exempt

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.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

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 4.2% of the purchase price. 

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

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).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.