High Street, Dymchurch

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 or email


Online Auction Notice
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid