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3 George Lane 1,152 SF Retail Building Folkestone CT20 1RH $467,140 ($405.50/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- A prominent restaurant and 3 flats
- With fantastic connections to local transport links
- Situated in the heart of Folkestone Town Centre
EXECUTIVE SUMMARY
Offers in Excess of £350,000 for the freehold interest of the premises.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,152 SF
Building Class
C
Year Built
1960
Price
$467,140
Price Per SF
$405.50
Cap Rate
8.50%
NOI
$39,707
Tenancy
Single
Building Height
1 Story
Building FAR
0.96
Lot Size
0.03 AC
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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3 George Lane
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