Lot
031
Auction Ends: 29/10/2025 11:27 - Bidding opens Tuesday 28th October 10:00 AM

Ground Rents At Bayle Court, The Parade, Folkestone, Kent, CT20 1SN

Property Details
Location
Description
FREEHOLD GROUND RENTS & DEVELOPMENT OPPORTUNITY - The freehold interest to 15 flats and 14 garages close to Folkestone Harbour, held by way of 999 years ground leases from 25th March 1959 with an overall income of £2,002.75 pa . In addiction the property has a recently lapsed planning for two further apartments, with sea views, located within the existing roof space. Section 5B notices were served on the leaseholders on the 19th June 2025 and details will be included in the legal pack.
Accommodation
PropertyAnnual Ground Rent Next Increase date New Amount 
Flat 1£2452042£490
Flat 2£50

Flat 3£2252029£300
Flat 4£50

Flat 5£60

Flat 6£75

Flat 7£270

Flat 8£65

Flat 9£2452034£370
Flat 10£5

Flat 11£50

Flat 12£2452042£490
Flat 14£225

Flat 15£60

Flat 16£5

Garage 1£0.25

Garage 2£0.25

Garage 3£0.25

Garage 4£0.25

Garage 5£0.25

Garage 6£0.25

Garage 7£0.25

Garage 8£0.25

Garage 9£502041£100
Garage 10£0.25

Garage 11£0.25

Garage 12£252029£35
Garage 13£0.25

Garage 14£502041£100




TOTAL 15 Flats 14 Garages£2,002.75

Planning
Planning consent was granted.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 28TH OCTOBER AND CLOSES ON WEDNESDAY 29TH OCTOBER.

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