Lot 136

SUBSTANTIAL MAISONETTE IN POPULAR 'WEST END' WITH POTENTIAL FOR SUB-DIVISION

43C Earls Avenue, Folkestone, Kent, CT20 2HB
43C Earls Avenue, Folkestone, Kent, CT20 2HB
Sold After

A substantial maisonette situated in this impressive block in the West End of Folkestone, within close proximity of The Leas and a short distance from the high speed railway station at Folkestone Central.

The maisonette is now in need of refurbishment, improvement and renovation, allowing the successful buyer the opportunity to redecorate in their own taste and style. It also offers potential for sub-division to create two flats, subject to all necessary consents being obtainable.

Local Planning Authority

Folkestone & Hythe District Council. Tel: 01303 853278. Website: folkestone-hythe.gov.uk.

Ground Floor

Communal entrance with stairs to first floor.

First Floor

Entrance door and private entrance hall with stairs to second floor.

Second Floor

Landing, living room, kitchen, two bedrooms, bathroom with W.C. and further separate W.C.

Third Floor

Landing and two bedrooms.

Tenure

Leasehold - 189 year lease, less three days, from 24th June 1978 a current ground rent of a peppercorn per annum, if demanded.

Auctioneer's Note 1

The new lease does provide that the tenant may divide the property into two self-contained units, subject to first obtaining the landlord’s consent, which is not to be unreasonably withheld, and subject to carrying out the works within the Development Period which is defined as seven years from the date of completion of the lease, 13th August 2020. A copy of the new lease will be contained within the legal documentation available to download from cliveemson.co.uk.

Auctioneer's Note 2

On the Completion Date, in addition to the price the Buyer shall also pay to the Seller the sum of £35,619.04 in respect of the on account payment made by the Seller to the landlord for the anticipated major works for the building of which the lot form part.

Leasehold with 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/