Risborough Lane, Folkestone

MARTIN&CO are delighted to offer this fantastic investment opportunity to the market. Situated under a mile away from Folkestone West train station, the property currently comprises a ground floor commercial unit with showroom, office, kitchenette, three large stores to the rear, off street parking to the front and additional parking via the under croft to the rear, a one bedroom apartment and a two bedroom which are both currently let. Planning was previously granted for three additional apartments which was 1x 2 bedroom apartment, 1x1 bedroom apartment and 1x studio apartment.

Risborough Lane is situated just a short walk from the high street where you will find a selection of amenities including supermarkets, coffee shops, doctors and dentists. The property offers great transport links including easy access to the M20, a local bus route nearby plus Folkestone West offering you the high speed link to London. 

TENURE Freehold 

COUNCIL TAX BAND Flat A - Band A
Flat B - Band A  

EPC Commercial premises is a B rating.
Flat A is a D rating.
Flat B is a D rating. 

RATEABLE VALUE Description Area m²/unit £ per m²/unit Value
Ground floor showroom 87.9 £60.00 £5,274
Ground floor external storage 8.1 £36.56 £296
Ground floor external storage 87.5 £36.56 £3,199
Total 183.5 £8,769  

MONEY LAUNDERING REGULATIONS Intended Buyers will be asked to produce photographic ID as well as a recent proof of address and we would ask for your cooperation in order that there will be no delay in agreeing the sale (subject to contract)  

IMPORTANT NOTE TO BUYERS Whilst we endeavour to make our sales details accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information. Do so, particularly if contemplating travelling some distance to view the property.

All measurements have been taken using a sonic / laser tape measure and therefore, may be subject to a small margin of error. All Measurements are Approximate. The mention of any appliances and/or services within these Sales Particulars does not imply they are in full and efficient working order.

Our team of highly qualified Financial Consultants can provide you with up to the minute information on many of the rates available. To arrange an appointment, telephone this office. YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOANS SECURED ON IT. Full written quotation available on request. A suitable life policy may be required. Loans subject to status. Minimum age 18