COVID-19 – Important Auction Information
For Sale By Auction | 15:00, 21 July 2020

The Old Forge, High Street, Garlinge, Margate, Kent, CT9 5LY

*Guide | £550,000 - £600,000 (plus fees)

  • Residential Development
  • 4 Bedrooms
  • Tenure: Freehold

Call the team on 01622 589 623 for more information

Auction Date

Tue 21/07/2020

Auction Time

15:00

Auction Venue

AHK LIVE STREAMED GHL House, 12-14 Albion Place, Maidstone, Kent, ME14 5DZ

A DEVELOPMENT OF 4 DETACHED HOUSES ON A PLOT WITH A 4 BED DETACHED HOUSE EXISTING WITH PLANNING CONSENT REF: OL/TH/18/1233

An opportunity to acquire a large plot with views over fields and planning consent to modify the existing building and construct 4 new 2 storey dwellings with parking. The vendor advises an estimated GDV of £1.7M

Tenure

Freehold

HOUSE

'The Old Forge' was originally believed to have been the oldest building in Garlinge however it was completely rebuilt by the current owners 19 years ago and is therefore not a listed building. The removal of the side extension is required to allow access to the development area. This will leave a detached 3 bedroom house with parking and private gardens.

THE PLOT

A Triangular shaped plot set to the south of the main residence overlooking farmers fields measuring approximately 17,000Sq Ft (1,593Sq M)

LOCATION

Garlinge is a village in the suburbs of Margate, situated 1 1/2 miles southwest of Margate Town Centre. Margate Mainline Railway Station is less than 1 mile from the property giving good access to London Victoria Station in under 2 hours. The A229 is less than 1/3 of a mile away leading to the M2 about 5 miles from the property.

VIEWING

Strictly by appointment with the Auctioneer Tel: 01622 589 623 **COVID-19 DISTANCING MEASURES ARE MANDATORY**

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Thanet District Council

Additional Fees

Buyer's Premium - £2000 inc VAT payable on exchange of contracts.

Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.