Lot

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Land on Forest Hill, Tovil, Maidstone, ME15 6FG

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Property Enquiries

Simon Riggall

simon.riggall@bidx1.com
+44 (0) 20 3929 9071

Viewing Registration / Enquiries

BidX1 Support Team

info@uk.bidx1.com
+44 (0) 20 7703 4401

Vendor Lawyer

Neil Crowther

nc@worsdellvintner.com
01895 672 631

Description

Map

Viewings


Property Summary
  • Development land with Planning for 22 dwellings
  • Freehold with vacant possession
  • Mixed development of houses and flats
  • Established residential location
Tenure

Freehold with vacant possession

Location

Maidstone is the County town and principle commercial and retail centre in south east England, lying 32 miles from London. Maidstone lies on the A20, and alongside the M20 as well as being a short distance from the M2 which access the M25 as well as the Channel Tunnel Terminal and Ferry ports. There are two rail stations with services into London Victoria and London Bridge making the town a popular home for commuters. The town has a population of around 170,000 with mixed employment base, with notable employers including Kent County Council, KEF Speakers as well as providing back offices for many London based professional firms. Tovil lies upon the outskirts of the town centre, and traditional was a centre for the papermaking industry. Today Tovil is still the home to KEF Loudspeakers, and has seen considerable new residential development, offering a range of local facilities including a new Lidl Supermarket. Forest Hill lies off Tovil Hill in an established residential area with new development completed and underway on 2 sides of the site.

Description

The property enjoys a long frontage to Forest Hill and comprises an overgrown area of land, roughly rectangular and generally level, extending to approx 1.1 acre (0.44 ha). On one side is a YMCA centre with new residential development on two sides. Access is potentially off Forest Hill and Barfreston Close.

Accommodation

Approx site area from plan: 1.1 acre (0.44 ha) 48,250 sq ft (4,480 sq m)

Planning

The property benefits from a detailed planning permission (17/502355/FULL July 2018) for a proposed development comprising 22 detached, semi detached and terraced houses and flats with associated parking accessed from Forest Road. There is a Section 106 Agreement in place. Development proposals can be accessed from the legal pack.

VAT
Please refer to legal documents

*Terms and Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted \"subject to contract\". Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,000 (inclusive of VAT) charged by BidX1. In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount of £4,500 from all bidders. This participation amount is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,500 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee of £1,000 inc. VAT payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.