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Retail unit to let in Folkestone

Sandgate Road, Folkestone, CT20 2HS
To rent
£21,500 p.a.

COMMON USE CLASS: A1 Shops

motis-estates
This property is marketed by:
Motis Estates

Location

53 Sandgate Road is located within the prime area of Folkestone’s main pedestrian shopping parade adjacent to Natwest and the Works attracting a large amount of footfall in the town as the direct link to the Old High Street and the Harbour Arm.

Folkestone's shopping centre, Bouverie Place is within 100m with occupiers such as Primark, Asda, New Look, JD Sports and Sports Direct.

There are other national stores in the vicinity such as H Samuel, Wilko, Clarks, Waterstone's and Costa. Folkestone is a conveniently located coastal Town that has train links via HS1 in under 1 hour to London St Pancras, the Channel Tunnel service to France and the port of Dover within 10 miles to the East.

Folkestone has a number of regeneration projects with the development of Folkestone Seafront with over 700 apartments and the town of Otterpool as a new Garden Town in the next 25 years. www.folkestoneseafront.com and www.otterpoolpark.org. The property is also opposite Folca, the former Debenhams site which has been acquired by Folkestone & Hythe District Council for redevelopment.

Description

The subject property is a ground floor retail unit with basement ancillary accommodation totalling 1,602 sq ft (148 sq m). The unit provides open plan ground floor sales accommodation. To the rear of the unit is ancillary storage and office accommodation with stairwell access to the basement which is currently used for further storage and staff accommodation.

The premises are in a good condition with a suspended ceiling with LED lighting, air conditioning and laminate flooring in the area, the rear of the property benefits from storage space and an office, the basements consists of ancillary storage, kitchen and w/c facilities. There is a security shutter to the rear for deliveries with no parking.


Accommodation Approx. Net Internal Area

Ground Retail 85.6 sq m 921.06 sq ft

Basement Storage 63.3 sq m 681.11 sq ft

Business Rates: We understand from the Valuation Office Agency that the property has a current Rateable Value of £25,250 effective from 1 April 2017.

Services: We understand mains drainage, water and electricity are connected to the premises.

Energy Performance Certificate: We note from the Non Domestic EPC Register, that the property has a rating of (71 - C). For the full recommendation report, please enquire.

The premises are available on a new FRI lease at an annual rent of £21,500 per annum (plus VAT). The length of lease is negotiable and is available from 19th June 2022.

Service Charge and Building's Insurance to be payable by the tenant.

Deposit payable, the amount is to be confirmed dependent on tenant circumstance.

Legal Costs: Each party to pay their own legal costs.

VACANT POSSESSION UPON COMPLETION SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).


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