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29 Guildhall St 1,295 SF 100% Leased Retail Building Folkestone CT20 1EB $831,305 ($641.93/SF)
Executive Summary
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[use Contact Agent Button] for further details.
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[use Contact Agent Button] for further details.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
1,295 SF
Building Class
C
Year Built
1901
Price
$831,305
Price Per SF
$641.93
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.99
Lot Size
0.03 AC
Frontage
13’ on Guildhall Street
Amenities
- Freeway Visibility
- Security System
- Wheelchair Accessible
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Nearby Major Retailers
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29 Guildhall St
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