Lot 114 Land With Planning For Thirty Flats, Two Bungalows And Commercial SpaceAuction Date:
20th March 2024
The Railway Yard, Station Road, Faversham, Kent, ME13 8GE
A freehold parcel of land situated adjacent Faversham recreation ground, the railway line and Faversham’s mainline railway station. Planning Consent has been granted for 30 flats, two bungalows and a commercial unit. There is good access to the A2 and M2 with links to Canterbury, Thanet towns and towards London. The site, which is mainly hardstanding, measures approx. 0.76 hectares (1.88 acres) and has previously been used as a railway depot, but is now vacant. The approved plans comprise a mixture of one and two-bedroom apartments and one-bedroom bungalows with no allocation for affordable housing. The detached commercial unit to the west of the site will measure approximately 2,650 sq.ft. (246 sq.m.).
Proposed Accommodation
Bungalows - Units 3 & 4
Entrance hall, living/dining room, kitchen, bedroom and bathroom with W.C.
Outside
Bike store, five parking spaces and gardens to rear.
Flats 6, 7, 11, 12, 16, 17, 21, 22, 26, 27, 31 & 32
Each to comprise: Entrance hall, living/dining room, kitchen, bedroom and bathroom with W.C.
Flats 5, 8, 9, 10, 13, 14, 15, 18, 19, 20, 23, 24, 25, 28, 29, 30, 33 & 34
Each to comprise: Entrance hall, living/dining room, kitchen, bedroom, main bedroom with en-suite bathroom with W.C and family bathroom with W.C.
Outside
Bike and bin stores. 28 parking spaces.
Commercial Unit
Open plan commercial space with ladies and gents W.C.s and disabled W.C.
Planning
Planning Permission has been granted by Swale Borough Council under ref: 21/502545/FULL, dated 2nd February 2023, all residential and commercial development comprising 32 residential units and 246 sq.m. of commercial space (Class E use), with associated parking and amenity areas, subject to conditions.
A copy of the Planning Consent and accompanying documents may be downloaded from the Local Planning Authority website: swale.gov.uk. Tel: 01795 417850.
Site Measurements
The entire site extends to approximately 0.76 hectares (1.88 acres)
Viewing
Interested parties may view directly on site during daylight hours.
Freehold with 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