
An eyesore plot of land in Ramsgate High Street that has lain derelict for around a decade will go up for auction next month.
The site, at 81-85 High Street, will be auctioned by Clive Emson on July 24. It has a guide price of between £280,000 and £290,000.
An illegal demolition was carried out at the site, which used to house the former printworks, in 2013 which led to a building collapsing into the street and businesses having to be evacuated.
Last year Panther VAT (PAL), a subsidiary of property investment company Panther Securities, was fined £160,000 and ordered to pay £9,000 costs for the unsafe demolition which was carried out without the relevant permissions.
Planning permission for the site has been granted by Thanet District Council for the construction of a four storey building to provide six one-bedroom and eight two-bedroom self-contained flats.
The auction also lists 79 High Street, which comes under the same owner, with a guide price of £185,000 to £195,000.
This site has permission for change of use from offices to 1No. one bedroom self-contained flat, 1No. two bedroom self-contained maisonette and 1No. live/work unit, together with erection of three-storey and part two-storey rear extension and dormer window to rear, subject to conditions.