A Pair of Mid Terrace Buildings Arranged to Provide a Lower Ground and Ground Floor Double Fronted Shop Let for £9,000 Per Annum and 2 x First, Second and Third Floor Three Bedroom Split Level Flats. Offered with Planning Permission to Convert the Upper Floors to Five Flats (1 x One Bedroom, 3 x Two Bedrooms, 1 x Three Bedrooms).

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.

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.

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.

Tenancy

The shop is subject to a lease at a rent of £750 per calendar month.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.