Clive Emson · 5 Nov 2026 · in 17 days
Freehold Vacant Shop, Vacant Two-Bedroom Flat Plus Two-Bedroom Investment Flat In Prime Location
116 Sandgate Road, Folkestone, Kent, CT20 2BW · South East
LiveMixed-useFreehold
- Guide
- £300,000
- Rent a year
- ≈£27,200est.
- Yield on the guide
- ≈9.1%est.
- Payback
- ≈11 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 22 Jul 2026 (certificate 4263-1469-8527-5010-2627). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 15 Oct 2026.
Clive Emson's record
Clive Emson's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold mixed use lot in Folkestone. Let, but the rent isn't stated on the lot page.
Lot 33, Mixed Commercial/Residential. Situated within a parade of properties on the northern side of Sandgate Road (Folkestone's principal retail thoroughfare) lies this freehold property comprising a ground floor retail unit and two two-bedroom flats on the upper parts. The two flats have their own communal entrance at ground floor level separate from the retail unit. Flat A is currently vacant and Flat B is let to a Statutory Tenant. Commercial Ground Floor Double fronted shop with main retail area and counter, office, kitchen area and store area with access to rear yard. Rear lobby with access to ladies and gents W.Cs. Mezzanine Floor Storage area Ground Floor: Entrance hall with stairs to first floor. Tenancy: Vacant. First floor: Entrance hall with stairs to second floor. Second Floor: Landing, living room, kitchen/dining room, two-bedrooms, bathroom and separate W.C. Tenancy: Let to a Statutory Tenant under a Registered Rent of £72 per week, effective from 27th May 2002. First Floor. EPC Rating C. Council Tax Band A. EPC Rating G. Council Tax Band A. Freehold with Part Vacant Possession
Figures come from Clive Emson's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.