Published: 09:48, 02 July 2019
| Updated: 10:56, 02 July 2019
A school is going under the hammer at a guide price of about £700,000.
The former St Christopher’s Independent School in Canterbury - which closed last year - has the potential to be developed or converted, say auctioneers.
The imposing semi-detached building at 48 New Dover Road has a freehold guide price of £675-725,000.
Auctioneer Kevin Gilbert said: “This property has a large area of car parking outside and offers potential in a number of directions as long as all necessary consents are obtainable.
“We are likely to see interest from builders and developers.”
The fee-paying day school, founded in 1923, was attended by 85 children aged two to 11.
It was was suddenly closed by its owner in July 2018 shortly after a damning Ofsted inspection which criticised its management.
Another lot in the city up for auction is a site at 14 Ivy Lane which has planning permission for six houses.
The Forge, which is situated in the Longport area of Canterbury and includes a former builder’s yard, has a freehold guide price of £700,000-plus.
The permission allows for six, two storey dwellings following the demolition of what is there.
Kevin added: “Of the houses, three would have four bedrooms, two would have three bedrooms and the sixth would have two bedrooms.
“Clearly developers will be interested in this site that extends to 0.14 acres.”
A further lot is 4-6 High Street in Elham, a commercial investment trading as Cosy Tea Rooms.
It is let on a 10-year lease from August 2018 at a current rental of £10,000 per annum and is being sold on the instructions of the trustees.
The guide price is £125-130,000, representing an 8% yield.
Meanwhile at 19 Broad Oak Road in Canterbury is a three-bedroom, semi-detached house with a freehold guide price of £225-250,000.
Also, at the sale is a block of five garages and additional parking area next to The Hoystings at 56 Old Dover Road in Canterbury. It has a freehold guide price of £15-25,000.
The auction takes place on Tuesday, July 23, at the Clive Emson Conference Centre, Kent County Showground, Detling, starting at 11am.
More by this authorPhil Hayes