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£1,400,000

Dover Road, Folkestone, CT19

  • 0 beds
Other

£1,400,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£6,391 per month

Minimum deposit amount:

£70,000
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The premises are situated on Dover Road adjacent to the long established Bowles Well Gardens Industrial Estate on the north east side of Folkestone, within a 13/4 mile radius of Junction 13 of the M20 Motorway, Folkestone town centre and within easy reach of the Channel Tunnel Terminal. There is a mix of industrial and residential properties within the vicinity.

The building is a detached workshop which is part brickwork and part cladding with a pitched cladded roof. The building has part UPVC double glazed windows and part wooden windows which are single glazed. Internally, the building is split over three levels with a basement which is currently used as storage and houses the mains electric supply which has three phase electricity. The ground floor is the main workshop and is used as the production area and has a part suspended ceiling with LED panels and Reznor heating units. The first floor has a further production area, newly formed showroom which has laminate flooring and suspended ceiling and offices which are carpeted and a suspended ceiling with LED Lighting fitted to a Grade B standard. There is a lift platform to all three floors.

Accommodation
According to the Valuation Office Agency, the following measurements have been taken. We have measured the first-floor showroom and the first floor new office which has been added by the owner and has replaced part of the first floor workshop.

Ground floor workshop 852.05 sq m 9168 sq ft
Ground floor internal storage 136.3 sq m 1466 sq ft
First floor store 243.7 sq m 2622 sq ft
First Floor showroom 96.2592 sq m 1035 sq ft
First Floor new office 8.9096 sq m 95 sq ft
First floor workshop 477.9312 sq m 5142 sq ft
First floor office 161.9 sq m 1742 sq ft
Basement floor internal storage 417.2 sq m 4489 sq ft

Total: 2394.25 sq m 25762 sq ft

There is also a plot of land to the front of the building which is used for parking for approx. 15-20 vehicles and the driveway for the entrance/exit. There is a plot of land to the rear which is used for storage however this is not within the title and is being rented.

Services
We understand that mains water, gas, and electricity is connected.

Rateable Value
We have looked on the Valuation Office Agency website and the current Rateable Value as of 1st April 2023 is £49,000.

Tenure
We have not inspected the Title Deeds but understand that the plot is freehold with no onerous covenants under title K147100.

Use: E Use Class

Energy Performance Certificate: Expired - a new one has been arranged.

Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone. 01303 212020 or [email protected]

SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).
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Stamp Duty tax
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£81,250
Mortgage and legal costs:
£999
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