Lot 38 - 71(A) Cheriton High Street, Folkestone, CT19 4DL


 
 

About the property

Freehold Cottage Investment and Vacant Store

Folkestone and Hythe District Council

Situated with a street frontage to Broomfield Road, close to the amenities available in Folkestone Town Centre and travelling facilities including Folkestone West and Folkestone Central Train Stations.

A Terrace Cottage requiring modernisation with accommodation arranged on Two Floors comprising:

First Floor
•Bedroom (One)
•Bedroom (Two)
•Bathroom/WC

Ground Floor
•Living Room
•Kitchen

Let to a Statutory Tenant at a registered rent of £95 per week.

Ground Floor Store
•Vacant Store

Producing: £4,940 per annum and Vacant Possession of Ground Floor Store

Note: There is potential to increase the rent if the vacant store was let.

EPC Rating: G

Inspection:
By arrangement with the Auctioneers

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.

There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.

The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.

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