Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A

Key Features: • A prominent freehold 5 storey building • Arranged as a vape shop over the basement and ground floor • A three bedroom flat over the first, second and third floors • Investment let at £15,700 pa. GIY of 9.23% on Guide Price • Investment/development opportunity (subject to requisite consents) • Central High Street location • Close to Folkestone Central train station

Location: • Nearest Station: Folkestone Central Station • Distance to Station: 0.5 miles

Agent Information: • Address: 33 Margaret Street London W1G 0JD

Full Description: StrapLineAuction Sale - 12/02/2025A prominent freehold five storey building, arranged as a vape shop over the basement and ground floor, with a flat over the first, second and third floors. Investment/development opportunity (subject to requisite consents).Investment let at £15,700 paDescriptionA five storey building. Ground floor, basement and rear garden Approx. 811 sq ft. (75.4 sq m) On the first and second floors there is a 3 bedroom flat.TransportFolkestone Central- southeasternAccommodationPlease note the approximate areas have been provided by the VOA/Vendor and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. Shop Basement- Basement, WCGround Floor- Vape shopShop Measurements provided by the seller:Ground Retail Zone A 22.9 sq m (246 sq ft)Ground Retail Zone B 9.7 sq m (104 sq ft)Basement Internal Storage 28.1 sq m (302 sq ft)Basement Internal Storage 14.7 sq m (158 sq ft)Total 75.4 sq m (811 sq ft)Flat First Floor- Kitchen, Living Room, Bathroom/WCSecond Floor- Two Bedrooms,Loft Floor- One Bedroom