Retail premises for sale

Grace Hill, Folkestone, Kent CT20

An excellent opportunity to acquire a freehold commercial property, offered to the market vacant and chain-free, presenting an ideal proposition for investors, business owners or those seeking an asset with future potential. Arranged over two levels, the property benefits from additional basement space, offering useful ancillary accommodation and scope for a variety of potential uses, subject to any necessary planning permissions and consents.

The property presents an attractive investment opportunity, with an estimated rental income in the region of £500£550 per calendar month, equivalent to approximately £6,000£6,600 per annum. The vacant possession and chain-free status allow a purchaser to take ownership without the complications of an existing tenancy or an onward chain, providing flexibility to explore letting opportunities or consider occupation for their own business requirements.

Further enhancing the appeal is the opportunity to acquire the entire block, opening up exciting possibilities for investors and developers alike. Subject to the necessary planning permissions and statutory consents, there may be potential for development or redevelopment, offering scope to maximise the property's longer-term value.

Whether you are looking to expand your commercial portfolio, secure a freehold investment with rental potential or explore a larger development opportunity, this property offers a versatile proposition with scope for future enhancement. Early enquiries are encouraged to fully appreciate the potential on offer.