Property Auction House and RICS Registered Valuer

Next Auction:
11/4/2024

Current Lots

Venue:
Remote bidding only

Remote bidding
By order of the Mortgagees NOT in Possession

Lot 11

61 Tontine Street, Folkestone, Kent

Photo of 61 Tontine Street, Folkestone, Kent
Photo of 61 Tontine Street, Folkestone, Kent
Photo of 61 Tontine Street, Folkestone, Kent
Sold for £65,000

MAP

By order of the Mortgagees NOT in Possession

Lot 11

The property comprises a mid-terraced building arranged as a ground floor shop with two stories above and situated in a central location at the northern end side of Tontine Street, a one-way street being one of the main thoroughfares leading away from the harbour on the edge of the town centre. The property is being sold as seen and subject to the owners terms attached/tenancies or leases in place, therefore will be of interest to property investors.

The Valuation Office Agency (VOA) website shows the ground floor accommodation as:

Ground Floor: Retail Zone A 29.5 sq m (318 sq ft)
Ground Floor: Retail Zone B 15.3 sq m (165 sq ft)
Ground Floor: Office/Store: 15.9 sq m (171 sq ft)
Upper parts not inspected

TENURE

Freehold

LOCAL AUTHORITY & TAXRATING

Shepway District Council. Tel: 01303 853 000
Rateable Value: £2,900

NOTE:

The mortgagee is NOT in possession and therefore access cannot be gained/nor are any keys available. The subject premises will be sold as seen subject to the owners terms attached/tenancies or leases in place.

Enquiry Form

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Price Information

*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) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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