113-115 Pleydell Gdns
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113-115 Pleydell Gdns
1,910 SF 100% Leased Retail Building Folkestone CT20 2DN $348,542 ($182/SF)
Investment Highlights
- Benefitting from off street parking
- Commercial Elements of property fully let
- In a central location, a short distance from the beautiful beaches of Folkestone
Executive Summary
To be offered on Tuesday 24 September
Ground floor restaurant let for 10 years commencing 27 Jan 2021 expiring 26 January 2031. Current rent is £12,000 pa. Approx 955 Sq Ft.
First floor let to Folkestone Taxi Company Limited for a period of 5 years from 24 October 2022 and expiring on 23 October 2027. Rent of £8,560 per annum. Approx 955 Sq Ft.
Second & Third floor – 3 bedroom residential flat, vacant. In need of refurbishment. 1,375 Sq Ft. Potential to convert, or split into more unit (subject to planning consents)
Ground floor restaurant let for 10 years commencing 27 Jan 2021 expiring 26 January 2031. Current rent is £12,000 pa. Approx 955 Sq Ft.
First floor let to Folkestone Taxi Company Limited for a period of 5 years from 24 October 2022 and expiring on 23 October 2027. Rent of £8,560 per annum. Approx 955 Sq Ft.
Second & Third floor – 3 bedroom residential flat, vacant. In need of refurbishment. 1,375 Sq Ft. Potential to convert, or split into more unit (subject to planning consents)
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,910 SF
Building Class
B
Year Built
1900
Price
$348,542
Price Per SF
$182
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.46
Land Acres
0.10 AC
Frontage
39 FT on Sandgate Road
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Nearby Major Retailers
-
George Goucher -
Savills
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113-115 Pleydell Gdns
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