Blackbull Road, Folkestone, CT19
- PROPERTY TYPE
Flat
- BEDROOMS
3
- BATHROOMS
1
- SIZE
2,857 sq ft
265 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
A three-bedroom maisonette and a commercial shop less than a mile from Folkestone Central station is being offered to the market as an investment at 7% yield.
The property consists of a ground floor retail shop and a three bedroom maisonette which has a seperate access. The front door leads into a good sized entrance where there is a bathroom to the left which has a seperate corner bath and shower cubicle. The bathroom has laminate flooring and is part tiled on the wall. There is a utility room adjacent which has a stainless steel sink. The ground floor also consists of the kitchen which has a generous amount of cupboards, there is an integrated electric hob and cooker. There is also an open plan living room and open plan dining room.
The first floor consists of two double bedrooms and a single bedroom, all with built in storage. There is also a useful cupboard on the landing. There is Gas Central Heating and Double Glazing.
Externally, there is a small decking area suitable for a table and chairs
The ground floor is a commercial shop which is approx 136 sq m of ground floor space which is currently leased on a FRI lease.
Tenancies
Commercial - A lease renewal of 5 years from 25th March 2023 at £10,500 per annum. The owner has confirmed that all rent has been paid on-time for 18 years.
Residential - An AST was formed on 16th February 2023 at a rent of £995 per month - The owner has confirmed that all rent has been paid on-time.
Use: E Use Class
Energy Performance Certificate: 105 (E) - Full EPC available upon request.
Services: Water, Drainage, Gas and Electricity
Rateable Value: £7,000 (Folkestone and Hythe District Council (2023/2024). Small Business Rates Relief eligible.
Council Tax: Band B
Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone. or
SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Blackbull Road, Folkestone, CT19
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About Motis Estates, Folkestone
Suite 1-2 Motis Business Centre, Cheriton High Street, Folkestone, Kent, CT19 4QJ
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Visit our security centre to find out moreDisclaimer - Property reference MOTIS_005027. 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 Motis Estates, 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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