Guildhall Street, Folkestone, Kent CT20 1EA

Guildhall Street, Folkestone, Kent CT20 1EA

£1,000,000
Bedrooms
Bathrooms
Attention - Extremely Exciting Investment Opportunity To Purchase Prime Real Estate In The Folkestone Town Centre.

This sale is for two huge buildings which consist of two commercial units and multiple levels of residential spaces located in the very heart of the up and coming Folkestone town centre

The properties comprise of two commercial shops on the ground floor (currently converted into one large space) with a large basement (again opens up to create one large basement) and three/four further floors set over the two properties.

Planning permission has been granted to create a large mixture of various size modern flats and even a three storey town house. The photos and floorplans on this listing give a better overview of what the current buildings layout and granted planning permission development consist of, so we really would encourage you to look at these carefully before reading on.

***Please note that the internal photos have been created to give an impression of how the flats could look when completed and do not represent the current state as this work has yet to be carried out.***

This wonderful project creates endless possibilities for the new owner to sell these concerns individually, separately or to look at various rental options or a combination of both.

Building work has already been started, so we really would suggest that any interested parties contact us to arrange for a viewing in person with us and the current developers to be able to fully appreciate the scale and potential on offer.

Both of the commercial units are currently occupied and so the possibility of retaining this is available as the current tenant would very much like to be able to continue renting.

As this development comprises of two properties, there is the potential for each to be purchased separately at the cost of £500,000 or to purchase individual elements of the properties. However as this listing is for the full freehold and both properties in completeness, this really does lend itself to the most profitable and exciting option for a new owner in our opinion.

From a location perspective, Guildhall street is perfectly situated in the heart of the town centre and just 10 minutes walk to Folkestone Central train station (with direct high-speed rail links to London St Pancras in under an hour). The famous Leas Promenade with coastal paths leading to the beach is but a ten minute walk away as well only a five minute walk down the old high street to the regenerated Harbour Arm and Creative Quarter. With the close proximity of Folkestone Central station, nearby transport links include the Eurotunnel, the M20 and Dover Ferry Port these premises in Folkestone are sure to appeal.

Viewings are strictly by appointment and only through sole Folkestone estate agents Your Key Move.

Property Features

  • Two Huge Buildings
  • Central Town Location
  • Excellent Investment Opportunity
  • 2 Commercial Shop Fronts
  • Planning Permission Granted For Exciting Development
  • Full Building Freehold
  • Chain Free
  • Combination of Flats & Houses
  • Fantastic Rental Return Potential
  • Close to Local Amenities
  • Very Rare Opportunity

Documents

Map
Floorplans
EPC
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Company Details

Your Key Move LTD
1-2 Rhodium Point,
Hawkinge Business Park,
Spindle Close,
Hawkinge,
Folkestone
CT18 7TQ

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