Studio for sale

8 Preston Place, 23A Preston Street, Faversham, Kent ME13

Guide Price = £30,000-£60,000

**For Sale By Public Auction 10th December 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Vacant Lower Ground Floor Basement Unit. Offered With Planning Permission to Convert into a Flat. Works have Commenced. Further Potential to Convert into Commercial Use or a Two Bedroom Flat(Subject to Obtaining all Relevant Consents)

Tenure
Leasehold. The property is held on a 125 year lease from 25th March 2021 (thus approximately 120 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Faversham Recreation Ground are within easy reach. Transport links are provided by Faversham rail station.

Description
The property comprises a lower ground floor basement unit.

Accommodation
Lower Ground Floor
Basement Unit

Exterior
The property benefits from a rear courtyard.

Planning
Swale Borough Council granted the following planning permission (ref: 19/501324/full) on 22nd August 2019 : 'Erection of a two storey with a basement extension to provide 3No. Self contained residential units. Conversion of existing basement space to provide a single self contained residential unit'. Works have commenced.