Folkestone – Town Centre Retail with Significant Redevelopment Potential
9-17 Sandgate Road, Folkestone, CT20 1SB
Offers in excess of £2,500,000
- Property Type:
- Sub Type:
- Net Initial Yield:
- Exceptionally prominent town centre retail investment totalling approximately 3,116.6 sq m (33,547 sq ft).
- Current income of £250,000 per annum.
- Let to Wilko Retail Limited (D&B Rating 5A1) for 8.07 years unexpired.
- Tenant has been in occupation for over 12 years.
- Potential for future sub-division and change of use of upper parts, subject to planning.