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 the side of the property leading to hall and stairs up to landing.
Airing cupboard, hatch to loft space, carpet and doors off to all rooms except kitchen.
Carpet as fitted, TV aerial & telephone point. Radiator below uPVC double glazed window to front elevation.
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.
Featuring uPVC double glazed window, carpet and built in wardrobes as fitted.
Features uPVC double glazed window, carpet and eaves wardrobes as fitted.
UPVC double glazed window with radiator below, carpet as fitted.
Modern suite featuring panelled bath with mixer shower over and integrated WC. Vanity wash-hand basin.
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.
Self-contained convenience store having been recently refurbished. Featuring open plan trading area, rear store room, WC & Kitchenette.
Generous floor space comprising, entrance doorway with ramp for disability access. Tile style flooring, fluorescent lighting and textured ceiling as fitted.
Small kitchenette featuring base units and sink.
Storage area allowing space for trading goods and other items. Door off to WC featuring wash-hand basin and WC.
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.