Lot 3 Freehold Block Of Four FlatsAuction Date:
21st September 2022
74 Guildhall Street, Folkestone, Kent, CT20 1EG
On the instructions of the Trustees
Currently let at £20,160 per annum
An attractive freehold four storey semi-detached property divided to provide four flats, all of which are let on Assured Shorthold Tenancy Agreements. It is located in Guildhall Street North, a short distance to the shops in Guildhall Street with the town centre beyond.
Basement Flat
Living room, kitchen, bedroom, bathroom with W.C. and boiler room.
Outside
Garden at rear.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £495 per calendar month.
Council Tax Band A
Ground Floor Flat
Studio apartment.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £390 per calendar month.
Council Tax Band A
First Floor Flat
Living room, kitchen, bedroom and bathroom/W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £300 per calendar month (the current tenant has been in occupation over twenty five years).
Council Tax Band A
Second Floor Flat
Studio apartment.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £495 per calendar month.
Council Tax Band A
Auctioneer’s Note
At the time of publication the Auctioneers have been unable to inspect the ground and second floor flats and the accommodation details have been provided by the seller.
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
