retail in CT20

Guildhall Street, Folkestone, Kent, CT20 1EA

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  • Three storey property
  • Ground floor retail unit
  • Freehold title
  • Flats above
  • Central location
  • Tenanted investment

retail in CT20

FOR SALE BY ONLINE AUCTION: terms and conditions apply.

We are pleased to offer for sale by auction this three storey property. The property briefly comprises of 4 rooms to the basement with a main sales area to the ground floor. The first floor comprises of a lounge and kitchen/diner with a lounge and kitchen/diner to the second floor. On the final floor is a bedroom. The subject property is well located along Guildhall Street, Folkestone. The property is located within Folkestone Town Centre with easy access to local amenities and transport links.

Please note we have not inspected this property.


  • Property Type: Retail
  • Tenure: Freehold
  • Parking: None


The subject property is well located along Guildhall Street, Folkestone. The property is located within Folkestone Town Centre with easy access to local amenities and transport links. The closest bus stop is a short walk away as well as Folkestone Central being a 10 minutes walk. The subject property is 28 miles east of Margate and 64 miles west of Eastbourne.


Kitchen - 2.36m x 3.16m
Treatment room
Store room
Store room
Shower room

Main retail area
Utility area
Shower room

Shower room

Shower room



Freehold. Title number TT3379.

Rateable Value

The adopted rateable value is £7,200 as of 1st April 2017.
Sourced from VOA.

Lease Details

We are advised the property is let on a verbal agreement at £1,500PCM. Achieving an annual income of approx. £18,000.


Available upon request (Commercial rating E and residential rating G).

Additional Information

For further information please contact our office direct on 0191-737-1154, or alternatively via e-mail on With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.





This property is being sold subject to unconditional reservation fee auction terms and conditions.



Contracts will exchange immediately. There are 28 days in which to complete the purchase.


Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.



In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 


Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.


More Information

For more information call our auction experts on 0191 206 9335 or email


I hereby acknowledge and confirm the following: 

My bid, once submitted, cannot be withdrawn by me at any time before 1 hour after the close of the auction. My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.


Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid for 10 minutes. After 10 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last minute (or second) bidding, and makes for a fairer auction as in a live room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late, and reserves the right to reject any bid without notice.


Minimum online bidding increments:

Up to £50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £1 million - £2,000 minimum bid
£1 million+ -  £2,500 minimum bid

Please note this bidding process applies specifically to online auctions.

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