Guildhall Street, Folkestone, Kent CT20

£290,000 Offers Over
  • Type: Commercial, Flat, Flat / Apartment
  • Availability: For Sale
  • Bedrooms: 2
  • Bathrooms: 2
  • Reception Rooms: 3
  • Tenure: Freehold
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Property Features

  • Situated In Town
  • 2 x 1 Bedroom Flats
  • Commercial Shop
  • Large basement
  • Excellent Investment Opportunity
  • Prime Location
  • Popular Location
  • Development Potential

Property Summary

For sale by online auction.  Starting bid £290,000.  *Terms and Conditions apply - please visit Pattersons Auction House website for more information, link located at bottom of description...

Excellent Investment Opportunity Of A Huge Shop, Two Flats And Basement Complex Located In The Heart Of Folkestone's Town Centre.

Your Key Move are delighted to bing to market this substantial commercial and residential property package.

Located in the popular Guildhall Street in Folkestone, this commercial shop has an ideal location for retail opportunities The shop itself has a large floor area perfect for most commercial puropses.

Below the shop is a large basement complex, consisting of multiple rooms and facilities as shown on the detailed floor plans. These areas provide ample storage spaces as well as additional retail opportunities or possibly even residential ones.

Above the shop are two self contained flats located over three floors. The first floor has a large reception room with built in kitchen area, with a fully equipped compact bathroom coming off it. There is a large bedroom also located on this floor.

On the second floor there is a another large reception room with built in kitchen area, again with a self contained compact bathroom running off it. There is also a large lounge. Stairs leading up-stairs to the second flats large bedroom.

The building currently has a Tennant in situ, providing a good monthly/yearly yield on the property. The potential already exists for the current Tennant to have a long extended contract over 5 years should the buyer wish, providing a fantastic investment opportunity. (*Please call for more information).

Viewings are strictly by appointment only through Your Key Move Folkestone Estate Agents.