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Aspen House 7-17 West Ter 2,748 SF of Retail Space Available in Folkestone CT20 1TH
Highlights
- Prominent town centre location
- Great public parking options nearby
- Waterfront location
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 2,748 SF | Negotiable | $19.44 /SF/YR $1.62 /SF/MO $53,427 /YR $4,452 /MO | TBD |
Ground
Motis Estates, Chartered Surveyors in Folkestone are pleased to offer this fantastic commerical unit in the thriving West Terrace, Folkestone Town Centre suitable for a retail shop or restaurant subject to the necessary planning consent.The property consists of both ground floor (2748 sq ft) and basement space (4195 sq ft) ideal for public use or storage. The property was in the process of being refurbished and has had a number of works undertaken to split the property into two units. There is a service door to the rear for deliveries and parking for approx 6 cars.There is also the former extraction system and kitchen equipment available. The premises are situated in a busy shopping location in West Terrace near its junction with Sandgate Road. Many national retailers are located in the immediate vicinity, including, Iceland and McDonalds as well as a number of independent restaurants. Bouverie Place Shopping Centre nearby has Primark, Asda and New Look amongst others. Town centre car parks and the bus station are within easy reach.Total: 6,943 sq ft.Lease Term: FlexibleRent: £35,000 per annum (no VAT), £40,000 per annum from Year 2Service Charge: Approx £11,250 per annum (no VAT) from Year 2Roof Fund: Approx £6,500 per annum (no VAT) from Year 2We understand the current Rateable Value according to the Valuation Office Agency is £43,000 - Interested parties should carry out their own investigations with the local council regarding relief. Full EPC recommendation report and certificate are available upon request. Energy Performance Certificate: 108 (E)Services: Mains water, drainage, three phase electricity.Legal Costs: The incoming tenant to contribute £750 plus VAT towards the Landlord's reasonable legal costs.Viewing Strictly by appointment through Motis Estates Chartered Commercial Surveyors. 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.IMPORTANT NOTICE FROM MOTIS ESTATESDescriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.
- Use Class: E
- Located in-line with other retail
- Space In Need of Renovation
- Fits 1 - 18 People
- 2 Conference Rooms
- Demised WC facilities
- Multiple office available
- Break out areas
- Kitchenette space
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Select Tenants at Aspen House
- Tenant
- Description
- UK Locations
- Reach
- Aspendos
- -
- 1
- -
- Cafe & Breakfast
- -
- 1
- -
- Folkestone Hypnotherapy
- -
- 1
- -
- Local Vape
- -
- 1
- -
- Party Place
- -
- 1
- -
- The Trainers Studio UK
- -
- 1
- -
| Tenant | Description | UK Locations | Reach |
| Aspendos | - | 1 | - |
| Cafe & Breakfast | - | 1 | - |
| Folkestone Hypnotherapy | - | 1 | - |
| Local Vape | - | 1 | - |
| Party Place | - | 1 | - |
| The Trainers Studio UK | - | 1 | - |
Property Facts
| Total Space Available | 2,748 SF | Gross Leasable Area | 47,630 SF |
| Property Type | Retail | Year Built/Renovated | 1972/2015 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.77/1,000 SF |
| Total Space Available | 2,748 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 47,630 SF |
| Year Built/Renovated | 1972/2015 |
| Parking Ratio | 0.77/1,000 SF |
About the Property
Over the last few months there have been some exciting changes at the Folkestone Business Hub thanks to a partnership with national charity The Enterprise Foundation with fantastic new offices and kitchen area. The Folkestone Business Hub, it’s ideally situated in the heart of Folkestone overlooking the Channel and the War Memorial at First Floor, Aspen House, West Terrace, Folkestone, Kent CT20 1TH.
- Bus Line
- Signage
- Storage Space
Nearby Major Retailers
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Aspen House | 7-17 West Ter
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