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9 bedroom property for sale

23A Preston Street, Faversham, Kent

Guide Price* £320,000

Property Description

Key features

  • For Sale by Public Auction at The Clive Emson Conference Centre
  • Auction Date : 12 December 2016
  • Lot Number : 10
  • Substantial Property With Planning To Convert/extend Upper Floors To Six Flats
  • Flat Conversion
  • Freehold
  • *Guide Price : 320,000 - 340,000

Full description

A freehold property located close to the town centre in the popular market town centre town of Faversham. The ground floor unit has been sold on a long lease while the upper floors have consent to create six residential apartments.

Planning Permission has been granted by Swale Borough Council, under ref: 16/505/790/FULL, dated 29th September 2016, for the change of use including refurbishment and conversion and new build of upper storey office/rear yard from Class A2 (Financial and Professional Services) to residential providing six No. apartments with associated cycle parking, car parking and landscaping, subject to conditions.

A copy of the Planning Permission and proposed plans will be available for inspection from the Auctioneer's Office. Tel: 01622 608400.

Ground Floor Commercial Unit
Sold on a 125 year lease from 20th April 2015 at a current ground rental of £250 per annum. The unit is currently trading as Coral.

Proposed Accommodation
Ground Floor
Separate front and side communal entrances.

Flat 1
Entrance hall, living room/dining room, bedroom and bathroom with W.C.

First Floor
Flat 2
Entrance hall, open plan kitchen/dining/living room area, master bedroom with en-suite bathroom with W.C., further bedroom and family bathroom with W.C.

Flat 3
Entrance hall, open plan kitchen/dining/living room, two bedrooms and bathroom with W.C.

Flat 4
Entrance hall, open plan kitchen/dining/living room area, bedroom and bathroom with W.C.

Flat 5
Entrance hall, open plan kitchen/dining/living room area, bedroom and bathroom with W.C.

Second Floor
Flat 6
Entrance hall, kitchen/dining/living room area, two bedrooms and bathroom with W.C.

Communal landscaped courtyard, 15 secure cycle spaces, wheelie bin area and 5 car parking spaces.

Freehold with Part Vacant Possession

Commercial EPC: D

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 the 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, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

More information from this agent

Listing History

Added on Rightmove:
18 November 2016

Map & Street View

Disclaimer - Property reference 33404. The information displayed about this property comprises a property advertisement. 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 Clive Emson Auctioneers, Maidstone. 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.

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*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.”

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 Clive Emson Auctioneers, Maidstone on 0345 8500333.

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