Log In/Sign Up
Your email has been sent.
2 Church St 1,437 SF Retail Building Folkestone CT20 1SE $467,140 ($325.08/SF)
EXECUTIVE SUMMARY
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.[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).
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.[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
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Building Size
1,437 SF
Building Class
B
Year Built
1890
Price
$467,140
Price Per SF
$325.08
Tenancy
Single
Building Height
5 Stories
Frontage
18’ on Church Street
AMENITIES
- Energy Performance Rating - D
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Motor City M
- -
- 1,326 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Motor City M | - | 1,326 SF | - | - |
1 1
NEARBY MAJOR RETAILERS
-
Motis Estates
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2 Church St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.