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12, Guildhall Street, FOLKESTONE, Kent, CT20 1DZ

17th September 2018
starts 10:30 AM at Grand Connaught Rooms
sold for
£135,000

Tenure: Freehold

Freehold retail unit and upper maisonette
Busy town centre location
Full vacant possession
Planning granted for shop and 2 x two bedroom maisonettes


Location:
The property is located within Guildhall Street, a pedestrianised thoroughfare in Folkestone town centre, close to its junction with Sandgate Road. Nearby occupiers include Boots, Wilkinsons, H Samuel and the Bouverie Place Shopping Centre. Folkestone benefits from excellent travel links, including the high speed rail service from London St Pancras (Folkestone Central) and the Eurotunnel terminal just to the north west of the town centre. Road communications include the A259, A20 and M20 providing access to the surrounding areas and the national motorway network beyond.

Accommodation:
Upper Maisonette:
Four rooms, kitchen, bathroom/WC

Ground and basement retail unit:
Ground Floor: - figures taken from Valuation Office Agency (VOA) website:
Retail Zone A: 27.9 sq m (300.3 sqft)
Retail Zone B: 25.6 sq m (275.5 sqft)
Retail Zone C: 27.9 sq m (300.3 sqft)
Remainder: 25.7 sq m (276.6 sqft)
Basement:
Internal storage: 18.6 sq m (200.2 sqft)
Internal storage: 21.3 sq m (229.2 sqft)
Outside: Parking area to rear

EPC Rating: D, G

Planning
Planning permission was granted by Folkestone and Hythe District Council on 19th September 2015 reference number Y16/0786/SH for refurbishment of existing building and installation of new ground floor front shop, together with the demolition of the rear extension and erection of new 3 storey rear extension including re-building of existing rear third floor addition to form a ground floor shop unit and two 2-bedroom residential maisonettes.


Note:
VAT is applicable to this lot.
















Important Notice:
For each Lot, a contract documentation fee of £1000 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus makes every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers’ risk.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Lot location is based upon nearest property postcode only. Actual location of property being sold may differ.

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lot infomation last updated: 8th January 2019 at 10:26 AM
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