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- LoopNet Team
94-98 Tontine Street
Folkestone CT20 1JW
94-98 Tontine Street, Folkestone, CT20 1JW · Land For Sale
·
0.07 AC
INVESTMENT HIGHLIGHTS
- Yard for car parking
- Tenant holding over
- Development potential (STPP)
- Producing £5,000 per annum
- 0.0283 hectare site
- Central location
PROPERTY FACTS
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 0.07 AC |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.07 AC |
DESCRIPTION
Cleared site that has been used for car parking for an adjoining car repair shop. The property is sandwiched between a light industrial building and a terrace of houses on the other side. We are of an opinion that the land could have alternative uses subject to gaining the necessary consents. Properties in Tontine Street had an overall average price of £130,000 over the last year. Overall, sold prices in Tontine Street over the last year were 2% down on the previous year and 47% down on the 2005 peak of £244,490. (Rightmove)
