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    Key features

    • 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)
    • Benefitting from off street parking
    • In a central location, a short distance from the beautiful beaches of Folkestone

    Description

    A four floor building arranged as a restaurant over the ground floor, a taxi company over the first floor, and a three bedroom residential flat, over the second and third floors. The property is in a central location, just a short distance from the beautiful beaches of Folkestone.

    Additional information

    Tenure

    Freehold

    Accommodation

    Restaurant

    Ground Floor- Room, WC


    Taxi Company

    First Floor- Four Office Rooms, WC


    Flat

    Second Floor- Kitchen, Reception Room

    Third Floor- Three Bedrooms, Bathroom/WC

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property is located on Pleydell Gardens, accessed off Cheriton Place. A central location, just a short distance from the beautiful beaches of Folkestone.

      Transport

      Folkestone Central- southeastern

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums