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Folkestone Eco Aparthotel 8 Cheriton Pl 13 Room Serviced Apartment Folkestone CT20 2AZ £1,750,000 (£134,615/Room)
INVESTMENT HIGHLIGHTS
- Town centre location
- Neighboured by Asda Supercentre Folkestone
- Good public parking options
EXECUTIVE SUMMARY
Currently available with C1 use under the Use Class Order as an Apart Hotel however can be amended to C3 as per Permitted Development Rights changing in the upcoming months.
The building has 16 stylish apartments over the four floors, with the basement a blank canvas for a restaurant, manager accommodation, or further studio apartments.
The building has 16 stylish apartments over the four floors, with the basement a blank canvas for a restaurant, manager accommodation, or further studio apartments.
PROPERTY FACTS
| Price | £1,750,000 | Total Plot Size | 0.08 ac |
| Price Per Room | £134,615 | Property Size | 6,003 sq ft |
| Sale Type | Investment | No. Rooms | 13 |
| Tenure | Freehold | No. Floors | 5 |
| Property Type | Hospitality | Year Built/Renovated | 1950/2022 |
| Property Subtype | Serviced Apartment | Corridor | Interior |
| Costar Property Class | B |
| Price | £1,750,000 |
| Price Per Room | £134,615 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Serviced Apartment |
| Costar Property Class | B |
| Total Plot Size | 0.08 ac |
| Property Size | 6,003 sq ft |
| No. Rooms | 13 |
| No. Floors | 5 |
| Year Built/Renovated | 1950/2022 |
| Corridor | Interior |
AMENITIES
- Public Access Wi-Fi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | sq ft |
|---|---|---|---|
| Suite | 13 | £102.00 | - |
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Folkestone Eco Aparthotel | 8 Cheriton Pl
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