Long Lease
GUIDE PRICE £145,000 - Long Leasehold Investment
A 999 year commercial leasehold with a yield of 8.2%
Tenancies
Commercial - A lease of 5 years at a rent of £12,000 per annum from 1st October 2023.
Use: E Use Class
Energy Performance Certificate: 56 (C) - valid until 2032. Full EPC available upon request.
Rateable Value: £9,200 (Folkestone and Hythe District Council (2023/2024). Small Business Rates Relief eligible.
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.
