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The property is a substantial, 3,082 sq.ft. (286.3 sq.m.) freehold building on Tontine Street in Folkestone, Kent, occupying a prominent position in the heart of the town's regeneration zone. The building extends over five floors and has a mix of commercial and residential accommodation. The ground floor commercial premises are currently let to an established business, generating £10,000 per annum, while the upper floors offer extensive residential accommodation with generous reception rooms, kitchen facilities, bedrooms, and bathrooms. The building's layout lends itself to various possibilities, including the creation of luxury duplex apartments, multiple self-contained apartments, holiday accommodation, or a live/work environment. The property also offers outstanding development potential, with opportunities for conversion, enhancement, or reconfiguration to maximize rental yields or create premium short-term holiday accommodation.