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3 George Lane 1,152 SF Retail Building Folkestone CT20 1RH $476,833 ($413.92/SF) 8.50% Cap Rate

Retail Spaces Kent Folkestone 3 George Lane, Folkestone CT20 1RH

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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.

Attachments

Marketing Brochure/Flyer
PropertyParticulars_MOTIS_006427

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
$476,833
Price Per SF
$413.92
Cap Rate
8.50%
NOI
$40,531
Tenancy
Single
Building Height
1 Story
Building FAR
0.96
Lot Size
0.03 AC

Amenities

  • Storage Space
1 1

Nearby Major Retailers

Costa Coffee
Starbucks
Iceland
ASDA
Lidl
National Westminster Bank Plc
Santander
Londis
Sainsbury's
Co-op
+44 1303 763898

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Contact the broker for more information about this property

Contact

  • Kris Foster
    Kris Foster

  • Listing ID: 35312794

  • Date on Market: 3/31/2025

  • Last Updated:

  • Address: 3 George Lane, Folkestone CT20 1RH

The Retail Property at 3 George Lane, Folkestone, CT20 1RH is currently available for Sale. Contact Motis Estates for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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3 George Lane
+44 1303 763898 x

3 George Lane

Kris Foster
+44 1303 763898

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