Warehouse for saleBowles Well Gardens, Folkestone
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)
For Sale £299,000 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
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.
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.
The accommodation comprises (with approximate maximum measurements):-
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
178 sq ft /16.57sqm
Workshop 537 sq ft / 49.88sq m
Store 99 sq ft / 9.24 sq m
Roller Shutter 8'6" / 2.59 m high
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
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.
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.
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).
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
STRICTLY BY PRIOR APPOINTMENT
For an appointment to view please contact Colin Greenstreet or Vicky Sodhi on 01303 854120 (Option 3) or Email: email@example.com
We are instructed by our client to ask £299,000 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.
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.
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.
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