Lot 63

MID-TERRACED VACANT SHOP WITH GROUND RENT INCOME

107 & 123 Enbrook Valley, Folkestone, Kent, CT20 3NE
107 & 123 Enbrook Valley, Folkestone, Kent, CT20 3NE
Sold Prior

Previously let at £7,000 per annum

Situated within a parade of shops in Enbrook Valley, known as The Golden Valley shopping complex, lies this freehold mid-terrace property comprising vacant ground floor shop and flat above which has been sold on a long lease.

123 Enbrook Valley

Ground Floor

Front retail area, second room, rear hallway, kitchen and W.C. with wash-hand basin.

Outside

Parking space.

107 Enbrook Valley

Upper Maisonette

Tenure

Sold on a 189 year lease from 2000 at a current ground rental of £50 per annum.

Freehold with Part Vacant Possession

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/