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55 Dover Rd 4,075 SF Retail Building Folkestone CT20 1LD $553,058 CAD ($135.72 CAD/SF)



INVESTMENT HIGHLIGHTS
- Trading Garage
- Potential for Residential
- Storage
- Terrace
EXECUTIVE SUMMARY
Motis Estates are proud to offer a prominent commercial unit within the East of Folkestone for sale which has the potential to be converted into a number of dwellings or can be used as the current use of a Car Garage which has an MOT Testing station. The property is situated in a popular residential area with multiple local schools and workplaces close by. The property benefits from a shutter at the front, large workshop, office and additional living space on the first and second floor which is currently used as storage. There is a large yard to the rear for parking.
There are two titles involved in the sale: K409265 and K797563
The site comprises a ground floor B2 industrial unit located within the urban area on the edge of Folkestone town. The unit is located within a row of residential flats and houses. The unit is the only commercial unit in this otherwise residential terrace row. There are residential units directly adjoining the side of the B2 unit. To the rear of the unit is a large yard which is currently being used as parking.
To the northwest and west of the site is a 3-storey terrace row fronting onto Dover Road. This terrace row contains a residential flats above as well as 3-storey properties subdivided into flats at ground floor level and above therefore the site may have the potential to be developed into a similiar scheme or additional units unit the rear.
The first and second floor flats is currently laid out as a residential flat but is used for storage. There is no Council Tax as it is not being used as a dwelling.
The property is currently being used as a trading garage with MOT usage and therefore has the ability to continue as a garage or for storage and has the benefit of three phase power.
Ground floor internal storage 11.7 sq m 126 sq ft
Ground floor workshop 146.2 sq m 1573 sq ft
Ground floor office 10.7 sq m 115 sq ft
Ground floor canopy 24.2 sq m 260 sq ft
First
WC 1.3 sq m 14 sq ft
Kitchen 8.6 sq m 92 sq ft
Living Room 16.5 sq m 177 sq ft
Bedroom 9.4 sq m 101 sq ft
Bedroom 7.7 sq m 82 sq ft
Second
Bathroom 3.5 sq m 37 sq ft
Total 239.6 sq m 2579 sq ft
Total including Yard = 0.145 acres (6,296) on ground.
Energy Performance Certificate: The property has an EPC rating of C (71) valid until November 2035.
Services: Water, Drainage and Electric. We understand there is a three phase supply.
Use: E Class.
Business Rates - Folkestone & Hythe District Council[use Contact Agent Button] advise that the current rateable value as of 1st April 2023 is £9,800.
It is understood that there may be an element of small business relief in respect of the rates payable and applicants should make their own enquiries of the local authority.
Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone by calling[use Contact Agent Button] or e-mailing [use Contact Agent Button]
SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).
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.
There are two titles involved in the sale: K409265 and K797563
The site comprises a ground floor B2 industrial unit located within the urban area on the edge of Folkestone town. The unit is located within a row of residential flats and houses. The unit is the only commercial unit in this otherwise residential terrace row. There are residential units directly adjoining the side of the B2 unit. To the rear of the unit is a large yard which is currently being used as parking.
To the northwest and west of the site is a 3-storey terrace row fronting onto Dover Road. This terrace row contains a residential flats above as well as 3-storey properties subdivided into flats at ground floor level and above therefore the site may have the potential to be developed into a similiar scheme or additional units unit the rear.
The first and second floor flats is currently laid out as a residential flat but is used for storage. There is no Council Tax as it is not being used as a dwelling.
The property is currently being used as a trading garage with MOT usage and therefore has the ability to continue as a garage or for storage and has the benefit of three phase power.
Ground floor internal storage 11.7 sq m 126 sq ft
Ground floor workshop 146.2 sq m 1573 sq ft
Ground floor office 10.7 sq m 115 sq ft
Ground floor canopy 24.2 sq m 260 sq ft
First
WC 1.3 sq m 14 sq ft
Kitchen 8.6 sq m 92 sq ft
Living Room 16.5 sq m 177 sq ft
Bedroom 9.4 sq m 101 sq ft
Bedroom 7.7 sq m 82 sq ft
Second
Bathroom 3.5 sq m 37 sq ft
Total 239.6 sq m 2579 sq ft
Total including Yard = 0.145 acres (6,296) on ground.
Energy Performance Certificate: The property has an EPC rating of C (71) valid until November 2035.
Services: Water, Drainage and Electric. We understand there is a three phase supply.
Use: E Class.
Business Rates - Folkestone & Hythe District Council[use Contact Agent Button] advise that the current rateable value as of 1st April 2023 is £9,800.
It is understood that there may be an element of small business relief in respect of the rates payable and applicants should make their own enquiries of the local authority.
Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone by calling[use Contact Agent Button] or e-mailing [use Contact Agent Button]
SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Auto Repair
Building Size
4,075 SF
Building Class
C
Year Built
1910
Price
$553,058 CAD
Price Per SF
$135.72 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.95
Lot Size
0.10 AC
AMENITIES
- Bus Line
- Freeway Visibility
- Security System
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Zanchi Motors
- -
- 2,996 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Zanchi Motors | - | 2,996 SF | - | - |
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55 Dover Rd
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