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Folca: The £5.6m Former Debenhams Bill and the 25-Year Payback Question
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Folca: The £5.6m Former Debenhams Bill and the 25-Year Payback Question
Folkestone & Hythe District Council bought the former Debenhams building in May 2020 for £2.05m. Six years later, the public trail points to at least £2.419m paid or incurred, rising to £5.619m once identified Levelling Up Fund and CIL allocations are included — while the council’s own modelling raises a harder question about how long the wider bill really takes to recover. Folkestone & Hythe District Council bought Folca, the former Debenhams b…
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