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£160,000

Sandgate High Street,Sandgate,CT20

UNDER OFFER

Property FEATURES

  • Prime Location
  • Town Centre
  • Incentives

Property DESCRIPTION

Conveniently located in Sandgate High Street, thie property is a commerical leasehold shop and is situated within a convenience of local curio shops, independent restaurants and the beach in Sandgate with the nearby town of Folkestone being easily accessible. The local bus network runs services along the coast, whilst Folkestone Central provides a high speed train service into Central London as well as regional mainline rail links across Kent.

Folkestone has a number of regeneration projects with the development of Folkestone Seafront with over 700 apartments and the town of Otterpool as a new Garden Town in the next 25 years. www.folkestoneseafront.com and www.otterpoolpark.org

The property itself is a 1000 sq ft ground floor shop which has the potential to be split at the rear to provide a 1 bedroom flat, subject to the necessary consents. The property benefits from the original floorboards and a working open fire with fireplace. The rooms can be configured for multiple uses including a living room, kitchen, dining room and bedroom. There was also a bathroom at the property however this has since been removed. Adjacent the property, there is a useful storage area however this can be demolished and be used as a courtyard.

Accommodation Approx. Net Internal Area

Ground: 92.9 sq m (1000.1 sq ft)

Business Rates: To be re-assessed as it is currently in the same listing as 3 Sandgate High Street.

Services: We understand mains drainage, water and electricity are connected to the premises.

Energy Performance Certificate: G 180). Full EPC recommendation report and certificate available upon request. In England and Wales, under the new legislation, from 1st April 2018 any commercial property that has an EPC of lower than an ‘E' cannot be rented out to new tenants, or renew any existing tenancy contracts until at least an ‘E' rating is obtained. From April 2023, MEES will apply to all existing commercial leases.

Leasehold: We understand the current lease is 125 years from 31st October 1988 at a peppercorn rent.

Price: The price is £160,000 (no VAT).

VAT: We understand that VAT is not applicable however we recommend you seek advice.

Legal Costs: Each party to pay their own legal costs.

Viewings Strictly by appointment through Motis Estates Commercial Agents in Folkestone - 01303 212020 or commercial@motis-estates.com.

VACANT POSSESSION UPON COMPLETION SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).

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.

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