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15 Guildhall St 1,360 SF Retail Building Folkestone CT20 1EA $456,983 ($336.02/SF)

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INVESTMENT HIGHLIGHTS

  • 7.4% Yield
  • Seperate Entrance
  • Mixed Use

EXECUTIVE SUMMARY

Motis Estates are proud to advertise a prominent shop and three bedroom flat situated in the heart of Folkestone Town Centre in Guildhall Street with fantastic connections to local transport links, and Folkestone Central, taking you to London in less than an hour. The property is close to the main through flow to the Folkestone Harbour Arm with more than 100,000 visitors a year.

Situated in a good 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 Cinema is within 50m.

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 benefits from being in a good condition with a plasterboard ceiling with spotlights and hanging lights. There is laminate flooring throughout. There is a good sized waiting area at the rear and a w.c on the first floor. There is also a basement ideal for storage which is being used by the vendor.

The property comprises the following:

Shop

Basement- Basement, WC

Ground Floor- Hair Dresser



Flat

First Floor- Kitchen, Living Room, WC

Second Floor- Two Bedrooms, Bathroom/WC

Loft Floor- One Bedroom

The basement and ground floor commercial shop is let on an agreement expiring 31st January 2027 at a rent of £900.00pcm from 1st August 2025.

The first and second floor is let on a standard AST from 1st April 2025 at a rent of £1,200pcm.

Total Rent: £2,100pcm (£25,200 per annum)

Yield: 7.4% Gross.

Rent Deposit: The standard 5 weeks is held for the residential tenant and £3,000 for the commercial tenant.

Use: E Use Class

Energy Performance Certificate: 56 (C) valid until April 2031 - Full EPC available upon request.

Services: Water, Drainage and Electricity

Rateable Value: £5,300 (Folkestone and Hythe District Council (2025/2026). Small Business Rates Relief eligible.

Council Tax: B

Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone.[use Contact Agent Button] or [use Contact Agent Button]

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

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,360 SF
Building Class
B
Year Built
1951
Price
$456,983
Price Per SF
$336.02
Tenancy
Single
Building Height
5 Stories
Building FAR
0.91
Lot Size
0.03 AC

AMENITIES

  • 24 Hour Access

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Adam's Barbers
  • -
  • 1,360 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Adam's Barbers - 1,360 SF - -

NEARBY MAJOR RETAILERS

Costa Coffee
Starbucks
Iceland
ASDA
Lidl
National Westminster Bank Plc
Santander
Londis
Sainsbury's
Co-op
  • Listing ID: 38052242

  • Date on Market: 7/2/2025

  • Last Updated:

  • Address: 15 Guildhall St, Folkestone CT20 1EA

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