Property for sale in Perries Mead, Folkestone CT19

Guide price £369,000
Property for sale - 3 bedrooms 3 1 1
Interested in this property? Call +44 1303 396907 * or Request Details

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Property features

  • Investment property
  • Tenants in situ
  • 3 double bedrooms
  • £19,680 / pa. Income
  • Garage & parking
  • Double glazed
  • Gas CH

Property description

Shop and flat for sale. An attractive investment opportunity has arisen in the highly sought after location of Broadmead Village, Folkestone. The property is offered with tenants in situ and currently producing a rental income of £19,680 / pa.
This modern two storey semi-detached property is arranged as a self-contained lock up shop with forecourt and a spacious three bedroomed flat with drive, garage and rear garden. Offered in good order throughout having been refurbished in recent years. Please contact us for further information.

Entrance To Self-Contained Flat

Entrance to the side of the property leading to hall and stairs up to landing.

Landing

Airing cupboard, hatch to loft space, carpet and doors off to all rooms except kitchen.

Living Room (6.07m (19'11") x 3.76m (12'4"))

Carpet as fitted, TV aerial & telephone point. Radiator below uPVC double glazed window to front elevation.

Kitchen (4.29m (14'1") x 1.98m (6'6"))

Features a range of wall and base units finished in white with black work surface. Inset stainless steel one and a half bowl sink with hot & cold mixer tap. Space for washing machine. Built in fridge-freezer. Baxi floor standing gas boiler.

Bedroom 1 (4.78m (15'8") x 3.05m (10'0"))

Featuring uPVC double glazed window, carpet and built in wardrobes as fitted.

Bedroom 2 (4.98m (16'4") x 2.72m (8'11"))

Features uPVC double glazed window, carpet and eaves wardrobes as fitted.

Bedroom 3 (2.97m (9'9") x 2.69m (8'10"))

UPVC double glazed window with radiator below, carpet as fitted.

Bathroom (2.36m (7'9") x 1.98m (6'6"))

Modern suite featuring panelled bath with mixer shower over and integrated WC. Vanity wash-hand basin.

Flat Tenancy

The property is currently achieving a rental income of £980 per calendar month. The current tenant is on a statutory periodic tenancy which rolls on month by month.

Separate Shop Premises

Self-contained convenience store having been recently refurbished. Featuring open plan trading area, rear store room, WC & Kitchenette.

Trading Area (11.81m (38' 9") x 5.65m (18' 6"))

Generous floor space comprising, entrance doorway with ramp for disability access. Tile style flooring, fluorescent lighting and textured ceiling as fitted.

Kitchenette

Small kitchenette featuring base units and sink.

Store Room & WC

Storage area allowing space for trading goods and other items. Door off to WC featuring wash-hand basin and WC.

Shop Lease

The Shop is currently let at a rent of £8,000pa, next rent review due 13th March 2023. We understand from the owner that the tenants are currently signed to a 11 year lease with term expiring 12/03/28.

Property info

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For more information about this property, please contact
Alexander Fleming, CT21 on +44 1303 396907 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Alexander Fleming, and do not constitute property particulars. Please contact Alexander Fleming for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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