, 6943 sq. ft. (645.03 sq. meters), Shop
Motis Estates, Chartered Surveyors in Folkestone are pleased to offer this fantastic commerical unit in the thriving West Terrace, Folkestone Town Centre suitable for a retail shop or restaurant subject to the necessary planning consent.
The property consists of both ground floor (2748 sq ft) and basement space (4195 sq ft) ideal for public use or storage.
The premises are situated in a busy shopping location in West Terrace near its junction with Sandgate Road. Many national retailers are located in the immediate vicinity, including, Iceland and McDonalds as well as a number of independent restaurants. Bouverie Place Shopping Centre nearby has Primark, Asda and New Look amongst others. Town centre car parks and the bus station are within easy reach.
Total: 6,943 sq ft.
Lease Term: Available by way of an assignment of the existing lease due to expire on 08/01/2022. Negotiation with the Landlord for a new lease is permitted.
Rent: £36,000 per annum plus VAT
Service Charge: £5,810.77 per annum plus VAT
We understand the current Rateable Value according to the Valuation Office Agency is £35,500 - Interested parties should carry out their own investigations with the local council regarding relief.
Full EPC recommendation report and certificate are available upon request. Energy Performance Certificate: 108 (E)
Services: Mains water, drainage, three phase electricity.
Legal Costs: Each party is responsible for their own legal and other professional costs incurred in the transaction.
Viewing Strictly by appointment through Motis Estates Chartered Commercial Surveyors. SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).
Please contact Kris Foster MRICS on 01303 212020 for further details.
IMPORTANT NOTICE FROM MOTIS ESTATES
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.