Cheriton High Street, Folkestone, CT19
£207.61 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
578 sq ft
54 sq m
- SECTOR
Commercial property for sale
Key features
- 7% Return
- Commercial Investment
- Freehold Purchase
- Prime Location
- EPC - D
Description
Freehold Commercial Investment in Prominent Corner Location
Miles and Barr Commercial are delighted to be assisting with the marketing of this commercial investment situated on Cheriton High Street.
The property comprises of a ground floor takeaway Restaurant, with the upstairs residential sold on a long lease. The property has a large main sales area, a rear kitchenette and preparation room.
The Ground floor is currently let for £9,000pa from the 11th May 2021 for a period of 10 years. There is a rent review set for the mid term of the lease. The residential flat pays £100pa in ground rent as a contribution.
Viewings strictly by appointment only.
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
Reail Service Area (6.1m x 5.2m)
Rear Storage Area (3.8m x 2.6m)
Kitchen Area (2.9m x 4.2m)
Cheriton High Street, Folkestone, CT19
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Folkestone West Station0.5 miles
- Channel Tunnel Terminal Station0.9 miles
- Folkestone Central Station1.2 miles
About Miles & Barr Commercial, Kent
1 The Links, Herne Bay, Kent, CT6 7GQ
- Commercial Property Sales and Leasing
- Property and Portfolio Management
- Land Acquisitions
- Finance on all property types along with land and development
- Off plan new homes with bespoke marketing packages
Notes
Disclaimer - Property reference dbe5dd7e-06d0-463d-ae4d-5fab5deeca21. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Miles & Barr Commercial, Kent. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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