<|start_header_id|>assistant<|end_header_id|> Here is a summarized version of the property description in a single paragraph: The property, located on Sandgate Road in Folkestone, is situated in a prime area with high footfall, adjacent to Folca (former Debenhams) and within 100m of Folkestone's shopping centre, Bouverie Place. The town has a range of national stores, restaurants, and cafes, and is conveniently located with train links to London and the Channel Tunnel. The property is a mixed-use commercial building with planning permission for 8 flats, and is currently occupied on a 5-year lease with a rent of £24,000 per annum. The proposal is to convert the upper floors into residential accommodation, while leaving the commercial areas relatively unaffected. The property is situated in an area that is set to undergo significant regeneration, with a £19.7 million project aimed at improving shopping areas, the bus station, and public green spaces. The project includes plans to redevelop the former Debenhams site, which is located just 50 yards away from the property.