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Bayle Court, The Parade, Folkestone, Kent, CT20 1SN

Key features

  • To be offered on Tuesday 23 July
  • Of interest to investors and developers
  • Planning permission for two two-bedroom flats
  • Permission to alter roof to accommodate flats within the roof space
  • Ground rent producing a combined rent of £1,927.75 per annum
  • Freehold includes 16 flats and 15 Garages
  • All flats and garages let on long leases
  • The building overlooks Folkestone Harbour

Description

StrapLine

Auction Sale - 23/07/2024

Of interest to investors and developers. Freehold development opportunity, planning permission for two flats and a ground rent portfolio producing a combined rent of £1,927.75 per annum.


Description

Freehold development opportunity, planning permission for two flats and a ground rent portfolio producing a combined rent of £1,927.75 per annum. (please refer to the legal pack for more information)


Location

The property is is situated on The Parade and accessed from The Bayle and Bayle Street.

Shops, restaurants and bars are available nearby on The Old High Street.

The recreational amenities are available closeby at Folkestone Harbour and Folkestone Warren Nature Reserve.


Transport

Folkestone Central - South-eastern.

Road Links via M20.


Planning

Planning permission (Ref 21/1707/FH) was granted by The Folkestone and Hythe District Council on 27th May for "Alterations to roof of building to accommodate two two-bedroom flats within the roof space".


COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Bayle Court, The Parade, Folkestone, Kent, CT20 1SN

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Folkestone Central Station0.6 miles
  • Folkestone West Station1.4 miles
  • Channel Tunnel Terminal Station2.6 miles
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About the agent

Savills Auctions, London

33 Margaret Street London W1G 0JD

Savills Auctions, London

Savills Auctions are specialist residential and commercial property auctioneers with an unrivalled depth of experience and market knowledge.

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Disclaimer - Property reference 153-12094. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills Auctions, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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