£340,000
4 bed light industrial for saleGrace Hill, Folkestone CT20
4 beds
2 baths
2 receptions
eXp World UK
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About this property
Mixed Use Building
Three Bedroom Apartment Across Top Two Floors
One Bedroom Apartment on The Middle Floor
Commerical Premisies on The Ground Floor
Prime Location
Perfect Investment Purpose
Purchase Of The Freehold
Seperate Entrance For Flats
Quote AB1053
Guide Price £340,000 - £350,000
An excellent opportunity to acquire a versatile mixed-use property in the heart of Folkestone, offering a combination of commercial space and two self-contained residential apartments – perfect for investors or those seeking a live/work arrangement.
Ground Floor – Commercial Unit
The ground floor features a spacious office premises with its own private entrance, ideal for a variety of business uses. The layout includes:
Two private offices/meeting rooms
Two toilets for staff and clients
A large kitchen/break room located to the rear
This unit offers great potential for a business headquarters or as a rental to generate a steady commercial income.
The unit is currently occupied on a lease that runs until November 2031.
First Floor – Flat A (One-Bedroom Apartment)
Accessed via a separate private entrance, stairs lead to Flat A, a well-proportioned one-bedroom apartment currently let at £650 pcm, providing immediate rental income.
The accommodation comprises:
Open-plan kitchen/lounge area
Good-sized bathroom
Large double bedroom
Second & Third Floor – Flat B (Three-Bedroom Masionette)
A further flight of stairs leads to Flat B, a generous three-bedroom, two-storey apartment currently vacant and listed to rent for £1,200 pcm.
The layout offers:
Bright dual-aspect lounge, filled with natural light
Spacious kitchen
Family bathroom
Third bedroom (dual aspect, ideal as a guest room or office)
On the upper floor:
Two large double bedrooms, both benefiting from ample natural light
Investment Highlights:
Mixed-use property with commercial and residential units
Ground floor office space suitable for a range of businesses
Two self-contained flats offering strong rental yields
Flat A currently let at £650 pcm, generating immediate income
Flat B vacant and marketed at £1,200 pcm
Prime Folkestone location with excellent access to local amenities, transport links, and Folkestone Central train station
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About Folkestone
Motorway Links
The M20 terminates at Folkestone, stretching approximately 50.6 miles and connecting the town the M25, Ashford, and the Channel Tunnel/Dover.
Folkestone Services
Located on the M20 at Junction 11, about 7 miles from town.
Rail Links
Folkestone Central
The main station on the South Eastern Main Line, with two platforms and links to London and Dover.
Folkestone West
Serves the western area (Cheriton) Off-peak services typically include:
1 train per hour (tph) to London St Pancras International
1 tph to London Charing Cross
2 tph to Dover (one extending further)
Folkestone Harbour Station
Now repurposed as a pedestrian promenade with markets and restaurants.
Eurotunnel Folkestone Terminal
Located in Cheriton, this is the UK vehicle shuttle terminal for the Channel Tunnel, enabling direct transport to Calais via rail-shuttle.
Schools
Grammar Schools (Outstanding)
Harvey Grammar School (boys) — accessed easily near Folkestone West and the M20.
Folkestone School for Girls — A long-established girls' grammar school, located on Coolinge Lane.
Secondary/All-through Academies
Folkestone Academy — Mixed secondary school and sixth form, part of Turner Schools.
Turner Free School — on the former Pent Valley site.
Primary Schools
Notable outstanding primaries: Folkestone St Martin's and St Eanswythe's.
Other primaries include Folkestone Primary, Sandgate Primary, Morehall Academy, and Martello Grove Academy (opened in 2015 and relocated in 2016).
Shops & Shopping Areas
Shopping Centres & High Street
Bouverie Place Shopping Centre
A compact town-centre mall featuring popular high-street stores: Primark, New Look, tk Maxx, jd Sports, Deichmann, Sports Direct, Starbucks, Specsavers, etc., plus essentials like supermarkets, a barbers, and food outlets.
The Old High Street & Creative Quarter
A vibrant street known for independent, creative retailers and artisan shops: E.g., Miss Ginger's fabrics, Bounce Vintage (gently curated vintage clothing), Objectables (greeting cards, gifts), Shane Record art, Wayne Reeves framing, Steep Street café, Moo Like a Monkey (eco-friendly children's items), Folkestone Wholefoods, El Cortador tapas, R+R Laser Jewellery, East Cliff Creatives, etc.
Supermarkets & Essentials
Asda, Morrisons, Sainsbury's, Tesco serve the town, along with chemists, hardware, and chain retailers.
Important Information on Anti-Money Laundering Check(aml)
We are required by law to conduct Anti-Money Laundering(aml) checks on all parties involved in the sale or purchase of a property. We take the responsibility of this seriously in line with hmrc guidance in ensuring the accuracy and continuous monitoring of these checks. Our compliance partner, Move Butler, will carry out the initial checks on our behalf. They will contact you and where possible, a biometric check will be sent to you electronically.
As a seller, you will be charged a non-refundable fee of £30 (inclusive of VAT) per buyer for these checks. The fee covers data collection, manual checking, and monitoring. You will need to pay this amount directly to Move Butler and complete all Anti-Money Laundering checks before your property can be marketed.
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