EPC Rating A
Motis Estates are proud to advertise a prominent bar and 1 bedroom flat situated in the heart of Folkestone Town Centre in Church Street with fantastic connections to local transport links, and Folkestone Central, taking you to London in less than an hour. The property is in the main through flow to the Folkestone Harbour Arm with more than 100,000 visitors a year.
Situated in a prime trading location within Folkestone town centre, with a variety of retail users in the vicinity including multiples such as beauty salons, barbers, coffee shops and restaurants. Folkestone's famous Old High Street is only 50 yards around the corner.
On street parking is available outside the premises for free after 6pm there are several public car parks including multi storeys within easy walking distance of the premises.
The property consists of a bar which is let on a FRI lease with a rent of £15,000 per annum until September 2040 with three yearly rent reviews.
The one bedroom flat is let at £725 pcm on a standard AST since September 2024.
There are 5 other flats sold on long leaseholds with the Freehold valued at approx £35,000.
The property comprises the following:
Bar: 1562 sq ft
Flat: 318 sq ft
Use: E Use Class
Energy Performance Certificate:
Bar: TBC
Flat: 75 (C) valid until May 2027.
Services: Water, Gas, Drainage and Electricity
Rateable Value: £7,300 (Folkestone and Hythe District Council (2024/2025). Small Business Rates Relief eligible.
Council Tax: Band A
Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone. 01303 212020 or commercial@motis-estates.com
SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).
IMPORTANT NOTICE FROM MOTIS ESTATES
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.
