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83 Cheriton High St 1,542 SF 100% Leased Retail Building Folkestone CT19 4HE $358,498 CAD ($232.47 CAD/SF)
INVESTMENT HIGHLIGHTS
- Mixed Use
- High Potential
- Good Position
EXECUTIVE SUMMARY
The property is situated in a prominent position on Cheriton High Street which has a number of independent retailers in close proximity. Parking is readily available outside the property with 1 hour bays and is free after 6pm.
The property is based in Cheriton within walking distance to Folkestone West train station which has direct links to London St Pancras within 56 minutes on HS1. The Port of Dover is approx. 9 miles east with links to the continent.
The property has been utilised as a cafe/sandwich bar on the ground floor for a number of years. The ground floor is approx 257 sq ft and has an extraction system, ample storage and a w.c.
The residential flat has a separate entrance and benefits from a downstairs w.c, lounge and open plan kitchen/diner on the lower ground floor level which leads to a garden and off road parking. The ground floor has a sole bathroom which has a bath with overhead shower and sink. The first floor has two bedrooms and a separate w.c. The second floor has the master bedroom and built in storage.
The property has UPVC double glazing and Gas Central Heating System.
The ground floor shop is currently empty but was previously let at a rate of £350 PCM.
The residential flat is let on an AST from October 2025 at a rate of £900.00 PCM with a net rent of £740 PCM as £160.00 is offset for the water bill for the property per month.
Retail: 277 sq ft
Flat: 1422 sq ft.
Rateable Value: £2,800.00 (please contact Folkestone & Hythe District Council on[use Contact Agent Button] for further details)
Council Tax: Band B
Services: Electricity, Gas, and Mains Water are connected
Energy Performance Certificate: C (71) valid until 2035 (Residential) C (54) Valid until 2035 (Commercial)
Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone.[use Contact Agent Button] or [use Contact Agent Button]
SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).
The property is based in Cheriton within walking distance to Folkestone West train station which has direct links to London St Pancras within 56 minutes on HS1. The Port of Dover is approx. 9 miles east with links to the continent.
The property has been utilised as a cafe/sandwich bar on the ground floor for a number of years. The ground floor is approx 257 sq ft and has an extraction system, ample storage and a w.c.
The residential flat has a separate entrance and benefits from a downstairs w.c, lounge and open plan kitchen/diner on the lower ground floor level which leads to a garden and off road parking. The ground floor has a sole bathroom which has a bath with overhead shower and sink. The first floor has two bedrooms and a separate w.c. The second floor has the master bedroom and built in storage.
The property has UPVC double glazing and Gas Central Heating System.
The ground floor shop is currently empty but was previously let at a rate of £350 PCM.
The residential flat is let on an AST from October 2025 at a rate of £900.00 PCM with a net rent of £740 PCM as £160.00 is offset for the water bill for the property per month.
Retail: 277 sq ft
Flat: 1422 sq ft.
Rateable Value: £2,800.00 (please contact Folkestone & Hythe District Council on[use Contact Agent Button] for further details)
Council Tax: Band B
Services: Electricity, Gas, and Mains Water are connected
Energy Performance Certificate: C (71) valid until 2035 (Residential) C (54) Valid until 2035 (Commercial)
Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone.[use Contact Agent Button] or [use Contact Agent Button]
SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Building Size
1,542 SF
Building Class
B
Price
$358,498 CAD
Price Per SF
$232.47 CAD
Percent Leased
100%
Building Height
2 Stories
1 1
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83 Cheriton High St
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