10/1/2019 | Pubs

Vacant Folkestone pub comes to the market through Christie & Co

The Raglan Tavern, a vacant pub situated in Folkestone, Kent, has come to the market through specialist business property adviser, Christie & Co.

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The premises are well positioned on the busy A260, near several other local businesses and many residential properties. This opportunity would suit someone looking to purchase a large property, to either restore it to its former glory or look to convert the building for another purpose (subject to planning permission).  The terraced building is set across four floors and includes a five-bedroom self-contained property.
 
Folkestone is a port town on the English Channel, in south-east Kent. The town lies on the southern edge of the North Downs at a valley between two cliffs. It was an important harbour and shipping port for most of the 19th and 20th centuries.
 
James Hughes, Senior Business Agent at Christie & Co, is handling the sale and comments, “Folkestone is always a town in Kent that garners plenty of interest due to its high tourist number during the peak summer season. This particular property is very large and could be used for many different uses (STPP), so it will be interesting to see the different types of buyers that approach us to purchase.”
 
The Raglan Tavern is on the market at an asking price of £195,000 for the freehold interest.