Summary - 44 DOVER ROAD FOLKESTONE CT20 1JX
1 bed 1 bath Restaurant
**Standout Features:**
- Former thriving restaurant/takeaway with significant commercial potential
- Prominent corner location for excellent visibility and foot traffic
- Ground floor space totaling 829 sq. ft., ideal for various business ventures
- Two residential flats above, providing additional rental income (one with 48 years left on the lease, the other with 99 years)
- Strong local amenities including schools rated good and outstanding, supermarkets, and health centers
**Potential Concerns:**
- High crime rate in the area may be a deterrent for some buyers
- Short lease length on one flat may impact mortgage financing options
- Property shows signs of needing updates or renovations to maximize its potential
This versatile freehold property in the heart of Folkestone presents an exceptional investment opportunity, particularly for those looking to dive into the bustling hospitality sector or capitalize on urban regeneration prospects. The well-positioned ground floor, once a successful restaurant, holds immense potential for innovation and new enterprise. With two leased residential apartments above, you can benefit from supplementary income while crafting your vision for the space below.
Conveniently located amidst local amenities, including an array of quality primary and secondary schools, this area appeals to families and investors seeking stability and growth. Bear in mind the high crime rate and the shorter lease on one of the flats could impact financing possibilities, so potential buyers should consider their plans accordingly. Act quickly; opportunities like this in such a prime location are rare and may not last long in today’s competitive market.
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