Grace Hill, Folkestone, Kent, CT20
- PROPERTY TYPE
Residential Development
- SIZE
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Key features
- Freehold Commercial Premises
- Vacant Possession and Chain-Free
- Arranged over two levels
- Additional Basement Space
- Estimated rental income of £500–£550 PCM
- Opportunity to acquire the entire block
- Potential for development, subject to planning permission (STPP)
Description
An excellent opportunity to acquire a freehold commercial property, offered to the market vacant and chain-free, presenting an ideal proposition for investors, business owners or those seeking an asset with future potential. Arranged over two levels, the property benefits from additional basement space, offering useful ancillary accommodation and scope for a variety of potential uses, subject to any necessary planning permissions and consents.
The property presents an attractive investment opportunity, with an estimated rental income in the region of £500–£550 per calendar month, equivalent to approximately £6,000–£6,600 per annum. The vacant possession and chain-free status allow a purchaser to take ownership without the complications of an existing tenancy or an onward chain, providing flexibility to explore letting opportunities or consider occupation for their own business requirements.
Further enhancing the appeal is the opportunity to acquire the entire block, opening up exciting possibilities for investors and developers alike. Subject to the necessary planning permissions and statutory consents, there may be potential for development or redevelopment, offering scope to maximise the property's longer-term value.
Whether you are looking to expand your commercial portfolio, secure a freehold investment with rental potential or explore a larger development opportunity, this property offers a versatile proposition with scope for future enhancement. Early enquiries are encouraged to fully appreciate the potential on offer.
Energy Performance Certificates
EPC 1Grace Hill, Folkestone, Kent, 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 Station2.5 miles
Notes
Disclaimer - Property reference 10861435. 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 EweMove, Folkestone & Hawkinge. 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.






