Blackbull Road, Folkestone, CT19

Property Details: • Type: Flat • Tenure: FREEHOLD • Floor Area: 2857 sqft

Key Features:

Location: • Nearest Station: Folkestone Central Station • Distance to Station: 0.43262672707071553 miles

Agent Information: • Address: Suite 1-2 Motis Business Centre, Cheriton High Street, Folkestone, Kent, CT19 4QJ

Full Description: Guide Price: £200,000<br />Auction Ends: 24th September 2026<br /><br />A three-bedroom maisonette and a commercial shop less than a mile from Folkestone Central station is being offered to the market as an investment <br /><br />The property consists of a ground floor retail shop and a three bedroom maisonette which has a seperate access. The front door leads into a good sized entrance where there is a bathroom to the left which has a seperate corner bath and shower cubicle. The bathroom has laminate flooring and is part tiled on the wall. There is a utility room adjacent which has a stainless steel sink. The ground floor also consists of the kitchen which has a generous amount of cupboards, there is an integrated electric hob and cooker. There is also an open plan living room and open plan dining room. <br /><br />The first floor consists of two double bedrooms and a single bedroom, all with built in storage. There is also a useful cupboard on the landing. There is Gas Central Heating and Double Glazing.<br /><br />Externally, there is a small decking area suitable for a table and chairs<br /><br />The ground floor is a commercial shop which is approx 136 sq m of ground floor space which is currently leased on a FRI lease.<br /><br />Tenancies<br />Commercial - A lease renewal of 5 years from 25th March 2023 at £10,500 per annum. The owner has confirmed that all rent has been paid on-time for 18 years.<br /><br />Residential - An AST was formed on 16th February 2023 at a rent of £995 per month - The owner has confirmed that all rent has been paid on-time. <br /><br />Use: E Use Class<br /><br />Energy Performance Certificate: 105 (E) - Full EPC available upon request.<br /><br />Services: Water, Drainage, Gas and Electricity<br /><br />Rateable Value: £7,000 (Folkestone and Hythe District Council (2023/2024). Small Business Rates Relief eligible.<br /><br />Council Tax: Band B<br /><br />Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone. or <br /><br />SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).