George Lane, Folkestone, CT20

commercial retail property for sale

Guide price £425,000 For Sale

Investment Opportunity In Heart Of Folkestone!

Freehold Property with Commercial Restaurant and Three Residential Units.

Miles and Barr Commercial are delighted to be assisting with this freehold mixed use commercial premises.

The property comprises of a ground floor Cafe of which will be sold as vacant but has been trading successfully for nearly 50 years! The Cafe has a main restaurant area of 557sqft, a fully equipped kitchen of 159sqft, and a large storage basement at 333sqft.

Separately accessed, there is a stairwell leading to three separate residential properties, two one bedroom flats and one studio apartment. One of the one bedrooms is currently let at 525pcm, with flats one and two currently vacant however the landlord does have perspective tenants looking to move in.

Rateable Value: £4,750

Viewing highly recommended!

These property details are yet to be approved by the vendor.

Identification checks 

Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr; they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. | We use a specialist third party service to verify your identity provided by Lifetime Legal. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, directly to Lifetime Legal, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances. 

Room Sizes
Frontal Cafe Area 13' 9" x 23' 4" (4.20m x 7.10m)

Rear Cafe Area 14' 9" x 16' 1" (4.50m x 4.90m)

Cafe Kitchen 18' 1" x 8' 10" (5.50m x 2.70m)

Flat One Lounge/Dining Room 15' 5" x 9' 10" (4.70m x 3.00m)

Cloak Room 7' 7" x 2' 7" (2.30m x 0.80m)

Bathroom 4' 7" x 7' 3" (1.40m x 2.20m)

Flat Two Lounge/Dining Room 14' 1" x 17' 5" (4.30m x 5.30m)

Bedroom 10' 6" x 9' 2" (3.20m x 2.80m)

Bathroom 5' 3" x 3' 11" (1.60m x 1.20m)

Flat Three Lounge/Dining Room 14' 9" x 14' 5" (4.50m x 4.40m)

Bedroom 8' 2" x 11' 6" (2.50m x 3.50m)

Kitchen 12' 6" x 7' 3" (3.80m x 2.20m)

Bathroom 12' 2" x 6' 7" (3.70m x 2.00m)

Folkestone Area Guide

Folkestone – Picturesque views to France Folkestone is a town with fantastic views of France and it is rich with history. It is believed one of the first nunneries built in England, founded in 630 AD. Folkestone has a good mix of cafés, restaurants and independent stores. If you’re interested in living in Folkestone, come into our Folkestone office an