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Land for sale
Risborough Lane, Folkestone
£450,000
Risborough Lane, Folkestone
£450,000
Our Summary
- MARTIN&CO are delighted to offer this fantastic investment opportunity to the market
- Planning was previously granted for three additional apartments which was 1x 2 bedroom apartment, 1x1 bedroom apartment and 1x studio apartment
- Investment opportunity
- Possibility for extension subject to planning
Description
MARTIN&CO presents a fantastic investment opportunity in Risborough Lane, Folkestone, a short walk from the high street and with excellent transport links. The property comprises a ground floor commercial unit with showroom, office, kitchenette, and storage, as well as three additional stores and off-street parking. There are also two one-bedroom apartments, both currently let, and planning permission was previously granted for three additional apartments. The property benefits from a freehold tenure, with a commercial premises rating of B and the apartments rated D. With a rateable value of £5,274, this investment opportunity offers a great return on investment.