Lot 93 Freehold Statutory Investment Plus Vacant Store And Garage With Outside SpaceAuction Date:
20th September 2023
The Cottage, 71A Cheriton High Street, Folkestone, Kent, CT19 4DL
Currently let at £4,940 per annum - plus vacant store and garage
Situated a short walk from Cheriton High Street, and fronting Broomfield Road, is this two-bedroom Statutory Investment, together with vacant store and garage with outside space which may offer future potential, subject to all necessary consents being obtainable.
The Cottage
Ground Floor
Entrance hall, living room with double-glazed windows to front, inner hall and kitchen.
First Floor
Landing, two bedrooms and bathroom with W.C.
Tenancy
Let to a Statutory Tenant at a registered rent of £95 per week, effective from 2nd August 2021.
Vacant Store
Entrance door fronting Broomfield Road. Double glazed window to front.
Garage & Outside Space
Accessed from Park Road (an unmade road off Broomfield Road).
Local Planning Authority
Folkestone & Hythe District Council. Website: folkestone-hythe.gov.uk. Tel: 01303 853538.
Freehold with Part Vacant Possession
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
