Guide price

£280,000

Retail premises for sale
5 & 7 Guildhall Street, Folkestone, Kent CT20

    Auction
    Freehold
    Added on 04/11/2026

    About this property

      Guide Price = £280,000+

      **For Sale By Public Auction 25th November 2026 11:00 am. To inspect the legal documents for this property go to our website to download the legal pack**

      A Pair of Mid Terrace Buildings Arranged to Provide a Lower Ground and Ground Floor Double Fronted Shop Let for £11,500 Per Annum and 2 x Vacant First, Second and Third Floor Three Bedroom Split Level Flats. Offered with Planning Permission to Convert the Upper Floors to Four Flats (1 x One Bedroom, 3 x Two Bedrooms) (Works have Commenced).

      By Order of the lpa Receivers

      Tenure
      Freehold

      Location
      The property is situated on a pedestrianised road close to local shops and amenities. Nearby multiples include Card Factory, Waterstone's and Thomas Cook. The open spaces of Folkestone Beach are within easy reach. Transport links are provided by Folkestone Central rail station.

      Description
      The property comprises a pair of terraced buildings arranged to provide a lower ground and ground floor double fronted shop and 2 x first, second and third floor three bedroom split level flats.

      Tenancy
      The shop is subject to a lease for a term of 3 years commencing 25th December 2016 (holding over) at a rent of £958.33 per calendar month.

      Planning
      Folkestone & Hythe District Council granted the following planning permission (ref: 20/1642/fh) on 8th March 2021: 'Change of use of rear rooms, upper floors, and outbuildings to provide 1no. 1-bed residential flat and 3no. 2-bed residential flats; and erection of rear dormer window above no.5. (Ground floor commercial use to remain)'. The vendor has advised that works have commenced.

      EPC Rating
      D


      Viewing Schedule (No Booking Required)

      Tuesday 17 November 2026 12:00 pm - 12:30
      Thursday 19 November 2026 12:00 pm - 12:30
      Tuesday 24 November 2026 12:00 pm - 12:30

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      Monthly repayment

      £1,400 per month

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