Retail premises for sale in Cheriton Road, Cheriton CT19
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Investment
- 15 Year Lease
Property description
Detailed Description
The property is situated in a very prominent position in Cheriton Road (B2064) in a parade of shops including Dominos with kfc, Morrisons and a number of independent retailers in close proximity. Parking is readily available outside the property with 1 hour bays and is free after 6pm.
The property is based in Cheriton within walking distance to Folkestone West train station which has direct links to London St Pancras within 56 minutes on HS1. The Port of Dover is approx. 9 miles east with links to the continent.
The property is let on a 15 year lease inside the 1954 act from May 2021 at an initial rent of £11,400 per annum increasing to £12,492 from Year 5 and to £13,500 from Year 10. There is a tenant only Break Clause on the 5th anniversary.
Retail: 50.60 sq m (544 sq ft)
Store/Kitchen: 5.36 sq m (57 sq ft)
Total: 55.96 sq m (602 sq ft)
Rateable Value: £12,750.00 (please contact Folkestone & Hythe District Council on for further details)
Services: Electricity and Mains Water are connected (No Gas)
Energy Performance Certificate: D (88)
Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone. Or
subject to contract (This firm operates a Complaints Handling Procedure, details of which are available upon request).
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Motis Estates, CT19 on +44 1303 396937 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Motis Estates, and do not constitute property particulars. Please contact Motis Estates 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.