Leo Griggs seeking to make £1.5 million on sale of part of Royal Victoria Hospital site
shepwayvox
Leo Griggs purchased the Royal Victoria Hospital site via his company RVH Folkestone Ltd from KCC for £1.25 million on 1st Nov 2018. Just three years on he now wants to sell part of the site for £2,750,000, pocketing a £1.5 million profit, if he succeeds in finding a buyer.
Ever since he purchased the site, it has been the centre of a lot of controversy, as has Leo (Shepway Vox passim ad nauseam).
The image on the left is the original site purchased, the image on the right is the land he wishes to sell
In Nov 2018 we reported:
The Council’s company Oportunitas Ltd is intent on buying up to 40 properties on the RVH site, “off plan” for approx £5.5m to £6.5 million. This would allow them to further expand their loss making commercial arm in the vain hope it will turn a profit one day.
Yet when outline planning permission was granted for the site, not a word was mentioned about the off plan intended purchase of the properties by the Council. Outline planning permission was granted in late 2019. Report DCL/19/28 set out the site was to to provide 18 residential units and associated parking, together with an outline application for the redevelopment of the remaining parts of the site, including demolition of outbuildings to provide up to 26 houses and associated car parking with all matters reserved for future consideration. Of course it was granted.
However, in Sept 2020 another planning application for the site revealed a proposal to create 19 houses – a mix of four and five bed (This is the part of the site Leo (pictured) wishes to sell) and 19 one and two bed apartments on the site.
