Guide price
£120,000
Restaurant for saleDover Road, Folkestone CT20
Freehold
About this property
Ground Floor Former Thriving Restaurant/Takeaway
Freehold Investment
Upstairs Residential Sold On Long Lease
Prominent Corner Location
Presenting an exciting investment opportunity, this freehold property is situated in a prominent corner location, comprising a ground floor former thriving restaurant/takeaway. Boasting a prime position for business visibility, the ground floor premises have been thoughtfully designed to cater to the needs of a restaurant or takeaway establishment. With the potential for a variety of business ventures, this versatile space offers unlimited possibilities for budding entrepreneurs.
Whether looking to expand an existing portfolio or start a new venture, this property presents a rare chance to acquire a strategically positioned asset with a strong foundation for future growth.
The property also has two residential flats above both sold on lease. One flat has 48 years remaining, the other has 99.
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. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances
Location Summary
Awarded Best Place to Live in The South East by The Times 2024; This coastal town is the very model of modern regeneration for shipshape and stylish living. Folkestone has seen much regeneration over the past few years, with much more planned going forward, especially surrounding the town centre and Harbour. Folkestone has a large array of shops, boutiques and restaurants as well as many hotels and tourist attractions. Folkestone is fortunate to have two High Speed Rail links to London, both offering a London commute in under an hour. There are great transport links to surrounding towns and cities and easy access to the continent too. With so much going on and with the future bright, Folkestone is an excellent location to both live and invest in.
Whether looking to expand an existing portfolio or start a new venture, this property presents a rare chance to acquire a strategically positioned asset with a strong foundation for future growth.
The property also has two residential flats above both sold on lease. One flat has 48 years remaining, the other has 99.
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. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances
Location Summary
Awarded Best Place to Live in The South East by The Times 2024; This coastal town is the very model of modern regeneration for shipshape and stylish living. Folkestone has seen much regeneration over the past few years, with much more planned going forward, especially surrounding the town centre and Harbour. Folkestone has a large array of shops, boutiques and restaurants as well as many hotels and tourist attractions. Folkestone is fortunate to have two High Speed Rail links to London, both offering a London commute in under an hour. There are great transport links to surrounding towns and cities and easy access to the continent too. With so much going on and with the future bright, Folkestone is an excellent location to both live and invest in.
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Monthly repayment
£600 per month
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