Lot 41 - Substantial Town Centre Premises With Potential
Adult Education Centre, St. Faiths Street, Kent, ME14 1LH
Guide Price: *
£400,000
Fees apply
Buyer's fee:Check legal pack
All fees include VAT at 20%
Holding Deposit: *£5,000
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£604,000Bid history
164 bidsA
20/03/2024 12:37:56 - £604,000
DThis is an automatic bid as the bidder has set a maximum bid for this lot
20/03/2024 12:37:46 - £603,000
A
20/03/2024 12:37:46 - £603,000
See all 164 bids ▾
A substantial two-storey, plus basement, property which is believed to have originally been known as Maidstone Municipal School of Science and Art. More recently used as an Adult Education Centre and is now vacant. There is also a separate pottery studio at the rear.
The building is located in the heart of Maidstone, close to various amenities and opposite St Faiths Street entrance to the Fremlin Walk shopping centre. The mainline railway station is also within close proximity.
The entire property is considered to offer potential for a variety of commercial uses or conversion into apartments, subject to all necessary consents being obtainable.
Site Measurements
The site extends to approximately 0.15 hectares (0.37 acres).
Local Planning Authority
Maidstone Borough Council. Tel: 01622 602736. Website: maidstone.gov.uk.
Basement
Approx. 157 sq.m. Two rooms, inner hall, dark room, store room and boiler room.
Ground Floor
Approx. 760 sq.m. Main reception area, common room/kitchen, toilets, eight rooms, print room and gents W.C.
Mezzanine Floor
Further room.
First Floor
Approx. 615 sq.m. Landing, eight rooms and ladies and gents W.C.s.
Outside
Courtyard area.
Pottery Studio
Approximately 71 sq.m.
Auctioneer's Note
Floor plans are available to download from the Clive Emson website.
EPC Information
Total floor area 1,520 sq.m. The property has EPC rating of 112 (E).
Freehold with Vacant Possession
Summary
- Lot number
- 41
- Auction end
- 20th Mar at 12:42
- Property type
- Commercial
- Tenure
- Ask Agent
- Bedrooms
- 0
- Bathrooms
- 0
- Council tax band
- Ask Agent
Summary
- Lot number
- 41
- Auction end
- 20th Mar at 12:42
- Property type
- Commercial
- Tenure
- Ask Agent
- Bedrooms
- 0
- Bathrooms
- 0
- Council tax band
- Ask Agent
This property is being sold by:
Clive Emson Auctioneers
0345 8500333
Rocky Hill, London Road, Maidstone, Kent, ME16 8PY
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Clive Emson Auctioneers shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Clive Emson Auctioneers. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
