9 Thanet properties due to go under the hammer

The cycle shop and flats are being auctioned

A cycle shop and two flats in St Peter’s will go under the hammer this month.

SP Cycles, which took a 10 year lease in 2016, and two flats at 98-100 Albion Street have a guide price of £410,000- £420,000.

The mixed use property is currently let at £35,240 per annum

It is listed in the latest Clive Emson auction.

Birchington

Beach Avenue

Also being auctioned is a plot of land in Birchington with planning permission for the building of 12 apartments.

The land at 8 Beach Avenue measures 0.26 acres (0.1 hectares) and has a freehold guide price of £840-860,000.

A detached bungalow currently on the site is due to be demolished.

Dave Henwood, auction valuer, said: “This land is conveniently suited for the sea front, town centre and railway station.

“The attractive development has four storeys with parking and each apartment will have two bedrooms.

“The plans include a dozen parking spaces and a communal play area.”

Station Approach

Also in Birchington is 2-6 Station Approach, a former mixed use property with permission to be transformed into a pair of semi-detached, three bedroom dwellings.

It has a freehold guide price of £270,000-plus.

Station Road

Also going under the hammer is Flat 2, 31 Station Road in Birchington, a leasehold one bedroom property for improvement with a guide of £60-65,000.

Minster

Laundry Road

A 0.73 acres (0.3 hectares) plot of land at Minster Services in  Laundry Road is also for sale. It has planning permission for a change of use from parking to the siting of a portable  building with canopy for use as a car wash. The freehold guide price is £125-150,000.

Ramsgate

Crescent Road

In Ramsgate 47 Crescent Road, a freehold block containing four, one bedroom flats currently let at £22,900 per annum, has a freehold guide price of £270,000-plus.

Alexandra Road

At 17 Alexandra Road in Ramsgate, a two bedroom, mid-terrace house currently let at £7,800 per annum has a freehold guide price of £130,000-plus.

High Street

Also in Ramsgate is the upper parts of 39 High Street, a three bedroom flat with the remainder of a 150-year lease from 2014. It has permission to be changed to one, two bedroom flat  and a three bed maisonette. The leasehold guide price is £135-140,000.

Margate

Bath Road

In Margate is 2 Carn Brea Cottages, Bath Road, a mid-terrace, two bedroom house let on an assured shorthold tenancy for £6,000 per annum with a freehold guide price of £130,000- plus.

The land and property is to be offered by public auction on Monday 30 October at the Clive Emson conference Centre in Detling, Maidstone, beginning at 11am.

Read here: Viking Bay shelter, former toilets and lift among council lots due to go to auction

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