Lot 6 Four Flats For Investment And Vacant Offices With PotentialAuction Date:
26th July 2023
33 Bouverie Square, Folkestone, Kent, CT20 1BA
Currently let at £21,600 per annum, plus vacant offices
Situated within a short walk of the main town centre is this freehold mid-terrace five storey building which comprises four flats and an office. All four flats are let, while the offices (located on the upper ground floor) are vacant and may be suitable for conversion into a further flat, subject to all necessary consents being obtainable
Local Planning Authority
Folkestone & Hythe District Council. Website: folkestone-hythe.gov.uk. Tel: 01303 853278.
Garden Flat
With its own access, it has a gas heating system via radiators and some double glazed windows. Entrance hall, living room, kitchen, dining room (bedroom two), bedroom one and bathroom/W.C.
Outside
Courtyard garden.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £550 per calendar month.
Upper Ground Floor
Communal entrance hall providing access into the offices and flats 2, 3 and 4.
Commercial Premises
Private entrance hall, main office, inner hall with understairs cupboard, kitchen and W.C.
Tenancy
Currently vacant.
First Floor
Flat 2
Not inspected by the Auctioneers but understood to comprise:-
Living room, kitchen, bedroom and inner hall to bathroom/W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £575 per calendar month.
Second Floor
Flat 3
This flat has a gas heating system via radiators and some double glazed windows. Entrance hall, living room, kitchen, bedroom and bathroom/W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £450 per calendar month.
Third Floor
Flat 4
Entrance hall, living room, kitchen, bedroom and shower room/W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £335 per calendar month.
Council Tax Bands for all flats - A
Auctioneer's Note
The basement flat was converted in 2016 and flat 2 was converted in 2011, Copies of the Final Building Certificates will be contained within the legal pack.
Viewing
Viewing of the ground floor offices by arrangement with the Auctioneers.
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
