Retail premises for sale in George Lane, Folkestone CT20

Investment Opportunity In Heart Of Folkestone!

Freehold Property with Commercial Restaurant and Three Residential Units.

Miles and Barr Commercial are delighted to be assisting with this freehold mixed use commercial premises.

The property comprises of a ground floor Cafe of which will be sold as vacant but has been trading successfully for nearly 50 years! The Cafe has a main restaurant area of 557sqft, a fully equipped kitchen of 159sqft, and a large storage basement at 333sqft.

Separately accessed, there is a stairwell leading to three separate residential properties, two one bedroom flats and one studio apartment. One of the one bedrooms is currently let at 525pcm, with flats one and two currently vacant however the landlord does have perspective tenants looking to move in.

Rateable Value: £4,750

Viewing highly recommended!

These property details are yet to be approved by the vendor.

Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr; they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. | We use a specialist third party service to verify your identity provided by Lifetime Legal. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, directly to Lifetime Legal, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Location

Fast becoming a sought after place to be, Folkestone has seen much regeneration over the past few years, with much more planned going forward, especially surrounding the town centre and Harbour. Folkestone has a large array of shops, boutiques and restaurants as well as many hotels and tourist attractions. Folkestone is fortunate to have two High Speed Rail links to London, both offering a London commute in under an hour. There are great transport links to surrounding towns and cities and easy access to the continent too. With so much going on and with the future bright, Folkestone is an excellent location to both live and invest in.

Frontal Cafe Area (4.2m x 7.1m)

Rear Cafe Area (4.5m x 4.9m)

Cafe Kitchen (5.5m x 2.7m)

Flat One Lounge/Dining Room (4.7m x 3.0m)

Cloak Room (2.3m x 0.8m)

Bathroom (1.4m x 2.2m)

Flat Two Lounge/Dining Room (4.3m x 5.3m)

Bedroom (3.2m x 2.8m)

Bathroom (1.6m x 1.2m)

Flat Three Lounge/Dining Room (4.5m x 4.4m)

Bedroom (2.5m x 3.5m)

Kitchen (3.8m x 2.2m)

Bathroom (3.7m x 2.0m)