Sunningdale House Developments Ltd make offer to buy Princes Parade.
shepwayvox
Updated: 26 Feb 23 @09:15am
We can confirm that Sunningdale House Developments Limited, are the company who have made an offer to buy Princes Parade, from Folkestone & Hythe District Council.
We say this after contacting many other Developers, who have made it clear they have NOT made an offer for the site.
In a response to a written question to Sunningdale, their PR team – Fabrick stated:
We are unable to comment on any current, on-going or future land acquisitions
And with regard to not paying the suppliers, sub-contractors and partners who work with Sunningdale, they stated:
Sunningdale House Developments treats all of its suppliers, sub-contractors and partners fairly. Payments are made in line with contractual agreements and once work has been completed to the quality that Sunningdale House Developments expects which is in line with industry standards, regulations and approvals of local authority Building Control
We know of more than a dozen subcontractors who would openly dispute Sunningdale’s claim, as they have had to use the adjudication process to get paid.
Let’s hope Folkestone & Hythe District Council will do extensive due diligence, prior to making any decision about accepting Sunningdale’s offer. No point in accepting it if six months later the Company goes down the pan.
Also, we do ask, if the offer includes the Swimming Pool site in South Rd Hythe as the Princes Parade offer received, as set out in Report Number C/22/88, which went before Cabinet on 22 Feb 2023, does not make this clear. Perhaps one of the elected District Hythe Cllrs can get clarification on this.
Update: Even Cllr Prater and Cllr Whybrow believe the offer made by Sunningdale is not credible and Cllr Prater sets out why it’s not a good offer.
