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Lot 9 Freehold Ground Rents And Planning For Two Storey Extension For 11 Additional FlatsAuction Date:
4th May 2023
Ground Rents, Willow Court, Enbrook Road, Sandgate, Folkestone, Kent, CT20 3NU
Currently let at £3,938 per annum
A purpose built block of 16 apartments all sold on long leases with some incorporating garages, plus nine additional garages also sold on long leases.
We understand the freeholder insures, maintains and manages the block recouping the costs from the leaseholders by way of a service charge.
Auctioneer’s Note
Section 5B Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under this legislation.
Planning
Planning Permission has been granted on Appeal, dated 11th February 2022, under ref: APP/L2250/W21/3279975, for the enlargement of a block of flats by construction of two additional storeys for 11 apartments in accordance of the terms of the Application ref: 21/0337/FH/PA dated 12th February 2001 and the plans submitted with it.
Copies of the Planning Application, Appeal Decision and accompanying documents may be downloaded from the Local Planning Authority website. folkestone-hythe.gov.
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
