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INVESTMENT HIGHLIGHTS
- Freehold for sale by informal tender.
- Attractive Edwardian building, formerly a department store, available with vacant possession.
- Potential for conversion, residential or alternate development, subject to planning.
- Prime town centre location, close to Folkestone Central Station and Folkestone Harbour.
- Extends to approximately 26,963 sq ft (2,505 sqm) NIA.
- Folkestone named best place to live in the southeast 2024 (The Times).
EXECUTIVE SUMMARY
The Property occupies a prime position in the heart of Folkestone town centre, bounded by Bouverie Square, Albion Mews Road, and Sandgate Road. The surrounding area offers a lively mix of retail, leisure, and community uses, creating a vibrant and well-connected setting. Folkestone has become one of the South East’s most dynamic coastal towns, celebrated for its creativity, regeneration, and cultural energy. The property is within easy reach of the Creative Quarter, Folkestone Harbour, and the town’s main shopping streets. Connectivity is excellent. Folkestone Central Station, a short walk from the Property, provides high-speed rail services to London St Pancras in under an hour. The Eurotunnel LeShuttle offers access to France in approximately 35 minutes, while the M20 connects easily to Ashford, Canterbury, and Dover.
Freehold Development Opportunity The property comprises part of an unlisted former department store, extending to approximately 26,963 sq ft across four floors. It benefits from an attractive Edwardian façade arranged over basement and three storeys. The building is detached from the adjoining department store on the first and second floors, and will be separated and disconnected on ground and basement levels to the adjoining building prior to sale, at a cost to the council.
Freehold for sale by informal tender Prime town centre location, close to Folkestone Central Station and Folkestone Harbour Attractive Edwardian building, formerly a department store, available with vacant possession Extends to approximately 26,963 sq ft (2,505 sqm) NIA Potential for conversion, residential or alternate development, subject to planning.
Freehold Development Opportunity The property comprises part of an unlisted former department store, extending to approximately 26,963 sq ft across four floors. It benefits from an attractive Edwardian façade arranged over basement and three storeys. The building is detached from the adjoining department store on the first and second floors, and will be separated and disconnected on ground and basement levels to the adjoining building prior to sale, at a cost to the council.
Freehold for sale by informal tender Prime town centre location, close to Folkestone Central Station and Folkestone Harbour Attractive Edwardian building, formerly a department store, available with vacant possession Extends to approximately 26,963 sq ft (2,505 sqm) NIA Potential for conversion, residential or alternate development, subject to planning.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront
Building Size
83,669 SF
Building Class
C
Year Built/Renovated
1934/2029
Tenancy
Single
Building Height
3 Stories
Building FAR
2.87
Lot Size
0.67 AC
Frontage
AMENITIES
- Security System
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Kent Community Health Nhs Foundation Trust
- -
- 83,669 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Kent Community Health Nhs Foundation Trust | - | 83,669 SF | - | - |
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Folca | 48-66 Sandgate Rd
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