Block of flats for sale in 5-7 Guildhall Street, Folkestone, Kent CT20

Guide Price = £500,000+

**For Sale By Public Auction 1st August 2024 10:00 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Pair of Mid Terrace Buildings Arranged to Provide a Lower Ground and Ground Floor Double Fronted Shop Let for £9,000 Per Annum and 2 x First, Second and Third Floor Three Bedroom Split Level Flats. Offered with Planning Permission to Convert the Upper Floors to Five Flats (1 x One Bedroom, 3 x Two Bedrooms, 1 x Three Bedrooms).

Tenure
Freehold

Location
The property is situated on a pedestrianised road close to local shops and amenities. Nearby multiples include Card Factory, Waterstone's and Thomas Cook. The open spaces of Folkestone Beach are within easy reach. Transport links are provided by Folkestone Central rail station.

Description
The property comprises a pair of terraced buildings arranged to provide a lower ground and ground floor double fronted shop and 2 x first, second and third floor three bedroom split level flats.

Tenancy
The shop is subject to a lease at a rent of £750 per calendar month.

Planning
Folkestone & Hythe District Council granted the following planning permission (ref: 20/1642/fh) on 8th March 2021: 'Change of use of rear rooms, upper floors, and outbuildings to provide 1no. 1-bed residential flat and 3no. 2-bed residential flats; and erection of rear dormer window above no.5. (Ground floor commercial use to remain)'. The vendor has advised that works have commenced.

Viewing Schedule (No Booking Required)

Thursday 18 July 2024 12:00 pm - 12:30
Friday 26 July 2024 12:00 pm - 12:30