Our Summary

• The site offers the potential to increase the number of holiday homes or convert the units to permanently occupied dwellings (STPP)
• In addition, the vendor owns a large tract of surrounding land which has the potential for a larger more comprehensive development (STPP)
• Planning And Proposed Scheme - The vendor secured planning permission on 2nd July 2018 from Folkestone & Hythe District Council for a scheme comprising 12 no
• Tennis Courts and a Play Area all in a heavily landscaped environment under planning reference Y16/0623/SH
• Potential (Subject To Planning Permission) - The vendor’s land holdings extend to c
• It is considered there may be an opportunity for an alternative or more comprehensive development
• Increasing the density and possibly expanding of the Holiday Park scheme (STPP)
• Removing the Holiday Letting restrictions within the Permission and developing the site as a traditional residential scheme, possibly with a larger number of units (STPP)
• (STPP)
• Expression Of Interest - The preference is for a deal where an initial payment is received that recognises the value and investment they have already committed in the Holiday Park scheme, with an uplift if amore valuable alternative scheme was secured and developed