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15 Guildhall St

1,360 SF Retail Building Folkestone CT20 1EA $253,161 ($186/SF)

Executive Summary

For sale by auction on the 29th October 2024 Lot 79.

Let to Messers Hassan and trades as a barbers, paying £9,000 per annum 5 year lease from 24 October 2017 expired 23 October 2022 and therefore is holding over. There is a rent deposit of £3,000 held. The unit is considered under let and ERV is £10,000 p.a.

First and second floor 3 bedroom flat, let on an AST which expired 24 April 2022 and is therefore holding over on a periodic tenancy. Producing £7,800 per annum. This is believed to be underlet and the ERV is considered in the region of £12,000 p.a.

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,360 SF
Building Class
B
Year Built
1951
Price
$253,161
Price Per SF
$186
Tenancy
Single
Building Height
5 Stories
Building FAR
0.91
Land Acres
0.03 AC

Amenities

  • 24 Hour Access

Nearby Major Retailers

National Westminster Bank Plc
Costa Coffee
Starbucks
ASDA
Lidl
Iceland
Santander
Sainsbury's
Londis
The Co-operative Food
  • Listing ID: 33558739

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 15 Guildhall St, Folkestone CT20 1EA

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