3 bedroom flat for sale

Overview

The property benefits from a small yard/garden to the rear

The property is situated in a tertiary commercial parade to the north-east of Folkstone town centre. The property comprises a commercial unit and compact, three-bedroom, self-contained maisonette, which is arranged over first and second floors. The property benefits from a small yard/garden to the rear. ACCOMMODATION Commercial aspect (Net Internal Area) Ground Floor 338 sq ft (31.44 sq m) Residential aspect First Floor Kitchen Bathroom / separate WC Bedroom 1 Second Floor Bedroom 2 Bedroom 3 The commercial aspect was previously let to a veterinary practice at an exclusive annual rent of £7,000. The maisonette is currently let to a long-standing tenant on an Assured Shorthold Tenancy, now periodic, at a passing rent of £600 per calendar month. The term expired on the 24/02/2022. Re-let in its current condition, we believe a rent approaching £800 per calendar month would be achievable. TENURE Freehold interest, subject to the above residential tenancy. Vacant possession can be offered. GUIDE PRICE £200,000 BUSINESS RATES & COUNCIL TAX (2023/2024 FINANCIAL YEAR) Business Rates Rateable Value £2,900 Rates Payable £1,447.10 Properties with a Rateable Value less than £12,000 are eligible for 100% Small Business Rates Relief. Council Tax Valuation Band A £1,481.41 Interested parties are advised to contact Folkstone and Hythe District Council to verify the figures above or alternatively, this information is available online through GOV.UK PLANNING (COMMERCIAL ASPECT) We understand the property benefits from Class E (Commercial, Business & Service) of the Town and Country Planning (Use Classes) Order 1987 (as amended). Permitted uses within this Use Class allow the premises to be used as an office, retail shop, cafe and clinic related uses. We would advise interested parties to check with the Local Planning Authority or a qualified planning consultant on permitted uses. ENERGY PERFORMANCE RATINGS Commercial premises Band C (75) Maisonette accommodation Band D (57) Certificates can be made available by email on request or downloaded online from GOV.UK website portal. VIEWING ARRANGEMENTS By appointment through joint sole selling agents Henry Adams For more details and to contact: https://realtyww.info/flats_folkestone-d196642/for-sale_i69120630

---

Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.