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A Mid Terrace Building Arranged to Provide a Ground Floor Restaurant, First Floor Offices and a Second and Third Floor Three Bedroom Split Level Flat Part Let Producing £20,560 Per Annum
The property comprises a mid terrace building arranged to provide a ground floor restaurant, first floor offices and a second and third floor three bedroom split level flat.
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Folkestone Beach are within easy reach. Transport links are provided by Folkestone Central rail station.
Accommodation
Ground Floor Restaurant Area WC First Floor Four Office Rooms WC Second Floor Reception Room Kitchen Third Floor Three Bedrooms Bathroom
Exterior
The property benefits from off street parking..
Tenancy
The ground floor restaurant is subject to a lease for a term of 10 years commencing 27th January 2021 at a rent of £12,000 per annum. The first floor offices are subject to a lease for a term of 5 years commencing 24th October 2022 at a rent of £8,560 per annum. The second and third floor split level flat is vacant.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.