Lot 81 Vacant Ground Floor Retail Unit Plus Residential Ground RentAuction Date:
12th June 2024
105 & 121 Enbrook Valley, Folkestone, Kent, CT20 3NE
Situated within a neighbourhood parade of shops in Enbrook Valley, (also known as the Golden Valley shopping centre), lies this mid-terrace ground floor shop, which may be suitable for a variety of commercial uses, subject to all necessary consents being obtainable.
121 Enbrook Valley
Commercial
Ground Floor
Double-fronted retail unit, main showroom/retail area, rear hall, kitchen and W.C.
Tenancy
Currently vacant, however we are advised previously let at £8,000 per annum.
EPC Information
Total floor area 75 sq.m. and EPC rating of C (54).
105 Enbrook Valley
Residential
Tenure
Upper maisonette sold on a 99-year lease, from 25th December 1987 at a current ground rent of £50 per annum.
Local Planning Authority
Folkestone & Hythe District Council. Tel: 01303 853538. Website: folkestone-hythe.gov.uk.
Viewing
Viewing of the retail ground floor shop is by prior arrangement with Clive Emson Auctioneers.
Freehold with Part Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
Joint Agents
Finn's
01227 454111
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
