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Sandgate Road, Folkestone, CT20

£200,000

£182.32 per sq ft

Business rates & charges may apply

Motis Estates Limited, Folkestone
SIZE AVAILABLE

1,097 sq ft

102 sq m

SECTOR

Shop for sale

Key features

  • TOWN LOCATION
  • CLOSE TO BUS STATION
  • INVESTMENT
  • 7.75% YIELD

Description

Motis Estates are proud to offer a commercial shop on Sandgate Road opposite KFC and Savers in the centre of Folkestone. The vendor will offer the buyer the benefit of a new 999 year long leasehold for the commercial premises on ground and basement levels, including a rear courtyard. The long leasehold has been designed to make the property fully tax compliant to be purchased and held within a SSAS or a SIPP. No ground rent will be charged.

The commercial premises has the benefit of an existing 10 year lease running until 14th July 2029 at a rent of £16,000 per annum. There is no tenant break clause. The lease is outside the provisions of the Landlord and Tenant 1954 act. A copy of the commercial lease is available upon request.

The shop also benefits from being under the threshold for Small Business Rates Relief and has paid a deposit of £3,500, which will be transferred to the buyer on completion.

There are a number of Estate Agents, Barbers and other retail stores within the vicinity. There is free parking for customers on the street outside the shop for 2 hours.

USE: Any use within Class E of the Town and Country Planning Act (Use Classes) Order 1987.

From a search of the Valuation Office website we have identified a Rateable Value of £10,250 with effect from 1st April 2026.

Energy Performance Certificate: C (65) valid until March 2036

Offers in the region of £200,000 (VAT is not applicable to this sale).

Viewings available with Motis Estates Chartered Surveyors in Folkestone via

IMPORTANT NOTICE FROM MOTIS ESTATES

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Brochures

Sandgate Road, Folkestone, CT20

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Folkestone Central Station0.5 miles
  • Folkestone West Station1.2 miles
  • Channel Tunnel Terminal Station2.4 miles

About Motis Estates Limited, Folkestone

Suite 1-2, Motis Business Centre, Cheriton High St, Folkestone, CT19 4QJ

Notes

These notes are private, only you can see them.

Disclaimer - Property reference MOTIS_009106. 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 Limited, 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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