Lot 17 - PLANNING PERMISSION FOR FIVE FLATS AND A COMMERCIAL UNIT IN POPULAR OLD TOWN

FEBRUARY AUCTION

A freehold site situated adjacent to 3 Duke Street in the heart of Margate Old Town and a short walk to the seafront and popular Turner Gallery.

The site has been granted Planning Permission for an attractive development which will facilitate the creation of a commercial unit on the ground floor with
five self-contained flats above.

Local Planning Authority

Thanet District Council. Tel: 01843 577000. Website: thanet.gov.uk.

Planning

Planning Permission has been granted by Thanet District Council under ref: 17/1605, dated 21st June 2018 for the erection of a four storey building to facilitate the creation of four, one-bedroom and one, two-bedroom flats along with
one commercial unit on the ground floor, subject to conditions.

A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website or the Local Planning Authority website.

Proposed Accommodation

Commercial Unit

Ground Floor

Shop floor, rear storeroom, kitchen area and W.C.

Residential Parts

Ground Floor

Entrance with cycle store and bin store.

First Floor

Flat 1

Entrance hall, living room/kitchen, bedroom and bathroom with W.C.

Flat 2

Entrance hall, living room/kitchen, bedroom and bathroom with W.C.

Second Floor

Flat 3

Entrance hall, living room/kitchen, bedroom and bathroom with W.C.

Flat 4

Entrance hall, living room/kitchen, bedroom and bathroom with W.C.

Third Floor

Flat 5

Entrance hall, living room/kitchen, two bedrooms and bathroom with W.C.

Freehold 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/