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For Sale Russell Street, Dover, CT16 £599,950

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More about this property

Property Adjoining New St James Retail Park

Located in the Centre of Dover

Grade II Listed Detached Building

Currently a Hostel/Public House

Potential for Alternative Uses (STPP)

Next to a 445 Space Car Park

EPC Exempt

Freehold

Situated in the centre of Dover, this grade II listed building adjoins the new St James Retail Complex, reported to have cost in the region of £50M to build. The retail park is home to Travelodge, which includes 108 bedrooms, Next, Mark & Spencer, Nandos and a six screen Cineworld cinema to name a few.
The ground floor footprint of the property is estimated to be a little over 1,000 sq ft. Located on this floor is the open plan bar area with bar servery . The breakfast room which adjoins, giving access to the first floor, small kitchen and a bedroom with shower room. On the first floor, the bedrooms are laid out as hostel style rooms with beds and bunk beds. Outside is a small yard area.
Previously, this property has been run as a traditional public house however more recently as a backpackers' hostel. There are many alternative uses which could be considered for this property due to its location subject to any planning consents and building regulations being obtained.

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Floor Plan 1 Floor Plan 2

IMPORTANT NOTICE FROM THOMAS AND PARTNERS

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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Refundable Holding deposit - Capped at 1 weeks rent

Security Deposit - Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent

Changes to tenancy - Capped at £50 inc VAT

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent - Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys - Reasonable costs or give the tenant the option to purchase themselves.

Utilities, council tax, communication services, TV Licence etc - Tenants own responsibility unless otherwise stated in contract

Client Money Protection Scheme
Membership details - Client Money Protection Scheme -----UK Association of Letting Agents (UKALA)

Property Redress Scheme Membership details - Membership number D8870

DPS Deposit protection Scheme - Agent Number 1581837