Motis Estates are proud to offer a mixed use investment in the hear of Folkestone Town Centre.
The property consists of a modern commercial shop unit in Guildhall Street let at £650 PCM and 4 Flats.
Situated within Folkestone town centre, with a variety of retail users in the vicinity including multiples such as Beauty Salons, Tea Rooms, Barbers and other independent businesses.
Parking is available near the premises for 1 hour in 3 and there are several public car parks including multi storeys within easy walking distance of the premises.
Income:
Shop: £650 PCM
Flat 1A (1 Bedroom) - Vacant - Potential £550 PCM
Flat 1 (1 Bedroom) - Let - £500 PCM
Flat 2 (2 Bedroom) - Let - £700 PCM
Flat 3 (2 Bedroom) - Let - £725 PCM
Potential Income: £3,125 PCM (£37,500 PA)
Services: Electricity and Mains Water are connected.
Energy Performance Certificate:
Flat 1, 29 Guildhall Street, FOLKESTONE, CT20 1EB D 18 June 2033
Flat 1a, 29 Guildhall Street, FOLKESTONE, CT20 1EB C 6 July 2030
Flat 2, 29 Guildhall Street, FOLKESTONE, CT20 1EB D 5 April 2033
Flat 3, 29 Guildhall Street, FOLKESTONE, CT20 1EB C 31 March 2033
Shop - B (39) valid until December 2034.
Price: £625,000 (no VAT)
Main Photo is taken from Google Maps (2018)
Viewing Strictly by appointment through these offices.
SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).
Please contact Kris Foster MRICS on 01303 212020 for further details.
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.
