Warehouse for sale

Bowles Well Gardens, Folkestone

£339,000

Property Description

Full description

Light Ind. Workshop with Business Units, and Yard
Trading as Car Sales** and MOT Station Class' I, II, IV, VL, VII
(6,534 sq ft /607 sq m)

Folkestone


For Sale 339,000 Freehold
Or Part To Let: Rental Offers Invited

Long Est'd Trading Location
Main Work Shop 4,768 sq ft / 442.9 sq m
2 Offices 396 sq ft / 36.8 sq m
Business Units 1,370 sq ft / 127.3 sq m
Parking 28 Vehicles
Part GCH

The premises are situated off the Dover Road, a busy arterial road in a mixed commercial and residential area on the outskirts of Folkestone, with good access to Junction 13 of the M20 Motorway and in relative close proximity to the Channel Tunnel Terminal. Folkestone town centre is under two miles to the south west with Dover and Ashford being approximately 7 and 16 miles away respectively.

Folkestone is located on the south east coast of Kent and has a population of around 50,000. Excellent communications to Europe are provided by the Eurotunnel terminal at Cheriton less than three miles distant and from the docks in Dover, approximately 8 miles via the M20 / A20 trunk road. London is accessed via the M20 or via the A2 / M2 from Dover.


DESCRIPTION
Warehouse built of steel frame with blockwork infill to front and profile metal sheeting and corrugated asbestos and translucent sheets above. The Business Units are brick and block under profile metal sheeting.

ACCOMMODATION
The accommodation comprises (with approximate maximum measurements):-

Workshop/ Warehouse
4,768 sq ft. / 442.92 sq m
78'9" x 61'7"/ 24.0 m x 18.8 m
Roller Shutter 3.53 m wide, 3.1 m high
Eaves 3.55m / 11'7" high
Sales Office
178 sq ft /16.57sqm
Unit A
Workshop 537 sq ft / 49.88sq m
Store 99 sq ft / 9.24 sq m
Roller Shutter 8'6" / 2.59 m high
Unit B
Workshop 407 sq ft / 37.82 sq m
Store 81 sq ft / 7.49 sq m
Roller Shutter 7'5" / 2.26 m high
Office Unit C 218 sq ft / 20.23 sq m
With Kitchen sink
WC Lobby & Store 44sqft/ 4.09sqm
Unit D 202 sqft/ 18.79sqm

Shared Toilets - Two W.C.'s and W.H.B's

TENANCIES
Business Units. We are advised by our client that all of the Units are Let on verbal agreements producing a total income of 1,228 per calendar month excluding electricity supply. The agreements are agreed on an internal repairing basis with shared use of the entrance and access ways, and toilet facilities and parking space/s.



OUTSIDE

The Site is accessed via a gated private drive from Dover Road leading to a concrete and hard standing parking area 105' wide x 66'
deep/ 32m x 20m that may accommodate up to 28 Vehicles.




PLANNING USE**
We understand that under planning application Y14/1157/SH approval was granted subject to conditions for the use of the property to include Motor Vehicle Sales in addition to the pre-existing planning uses within B1(c) & B8 of the Use Classes Order and under planning application Y12/1136/SH approval was granted subject to conditions for the use of the property to a Class 5 MOT Test Facility and Vehicle Repairs, but applicants should satisfy themselves as to the planning use with Shepway District Council (01303 850388).



BUSINESS RATES
From a search of the Valuation Office Website we have identified
Rateable Value - 20,500
Shepway District Council 01303 853000 verbally advise that the rate in the pound for the financial year 2017/2018 is 47.9p.
Equivalent Rates Payable - 9,819.50 per annum

VIEWING
STRICTLY BY PRIOR APPOINTMENT
For an appointment to view please contact Colin Greenstreet or Vicky Sodhi on 01303 854120 (Option 3) or Email: commercial@fellreynolds.com

ASKING PRICE
We are instructed by our client to ask 339,000 for the Freehold interest of the premises including fixtures and fittings and vacant possession of the warehouse sales office and Unit 4, but subject to the tenancies currently let at 1,228 per calendar month though consideration may be given to applicants seeking full vacant possession subject to terms to be agreed.

LEASE
The Workshop/ Warehouse and Sales Office with Yard are available to let on terms to be agreed. Rental Offers are invited, exclusive of Business Rates etc, payable quarterly in advance on the usual quarter days. Interest will be payable on any rent becoming more than 14 days overdue.

LEGAL COSTS
Sale - Each party to be responsible for their own legal costs. Lease - The incoming tenant to be responsible for landlords reasonable legal costs incurred in the granting of a lease.


More information from this agent

Nearest stations

  • Folkestone Central (1.1 mi)
  • Folkestone West (1.7 mi)
  • Channel Tunnel Terminal (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fell Reynolds, Folkestone

125 Sandgate Road, Folkestone, CT20 2BL

01303 473324 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Folkestone Central (1.1 mi)
  • Folkestone West (1.7 mi)
  • Channel Tunnel Terminal (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fell Reynolds, Folkestone

125 Sandgate Road, Folkestone, CT20 2BL

01303 473324 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26285340. 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 Fell Reynolds, Folkestone. 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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