Lot 136: SUBSTANTIAL MAISONETTE IN POPULAR 'WEST END' WITH POTENTIAL FOR SUB-DIVISION

Available At £178,000 + Fees
43C Earls Avenue, Folkestone, Kent. CT20 2HB

Further information from Clive Emson Auctioneers

01622 608400

Kevin Gilbert

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

Residential EPC: E

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