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Arterial Road Location

Commercial Investment

Recently Refurbished

Seperate Residential Access

The property is situated on the busy road of Cheriton High Street (B2064) which is predominately a mix of commercial and residential. Nearby occupiers include Paddy Power, Coral, Cheriton Post Office and Co-Op.

This victorian terraced property consists of a recently refurbished 3 bedroom maisonette and a retail shop. The property benefits from a seperate access for both the retail element and maisonette above.

The maisonette has a recently refurbished kitchen on the first floor with space for a washing machine annd fridge/freezer. The first floor also consists of a seperate w/c, bathroom with a new suite, living room and bedroom. The second floor has a further 2 bedrooms with new carpets throughout.

All measurements are approximate.

First Floor:

Kitchen: 10.89 sqm
W.C: 1.86 sqm
Bathroom: 3.54 sqm
Living Room: 44.97 sqm
Bedroom: 14.36 sqm

Second Floor:
Bedroom: 19.84 sqm
Bedroom: 12.34 sqm

The ground floor shop is currently let to a hair salon at a passing rent of £6,500 per annum with the licence expiring in September 2019. We understand that the lease is not protected under the Landlord and Tenant Act 1954.

Ground Retail Zone A 27.2 sqm
Ground Retail Zone B 8.8 sqm
Ground Internal Storage 17.5 sqm
Total: 53.5 sqm (575 sqft)

The shop benefits from laminate flooring throughout with flurosencent strip lighting and basins in the hair salon. There is gas central heating and a fan for cooling.

There is a kitchen to the rear and a store cupboard. The w/c for the shop is to the rear within a lean-to. There is a yard and a enclosed garden to the rear for staff.

Full energy performance certificate and recommendation report available upon request. This property has a current energy efficiency rating of 82 (Band D) for the shop and 56 (Band D) for the maisonette.

We understand mains drainage, water and electricity are available to the premises

Rateable Value £6,600 UBR (2018/19)
48.0p Small business rates relief may apply.
Interested parties are advised to confirm these figures with Folkestone and Hythe District Council.

Offers in the region of £250,000.

Viewing Strictly by appointment through these offices.

For Further Information Contact:

Kris Foster MRICS
kris.foster@motis-estates.com
01303 212020 / 07717307047

www.motis-estates.com

SUBJECT TO CONTRACT
(This firm operates a Complaints Handling Procedure, details of which are available upon request).

Arrange a Viewing

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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