Commercial property for sale in Dundonald Road, Broadstairs CT10

£425,000
Commercial property for sale 2
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Property features

  • Freehold Investment Property
  • Mixed Commercial & Residential
  • Close to Town Centre & Sea Front
  • Secondary Trading Position
  • Commercial Let at £7,800 Per Annum
  • Vacant Three/Four Bedroom Flat Above
  • 31ft Garden to Rear
  • Air BnB Opportunity

Property description

Mixed commercial & residential freehold investment property in central broadstairs

This mid-terrace freehold investment property is situated in a secondary trading position close to the high street and sea front. The ground floor is currently let on a 10 year commercial lease at a current annual rent of £7,800. The tenants trade as an independent coffee-shop. Above is a substantial maisonette which is arranged over two floors and has a separate entrance and access to the garden at the rear. The maisonette would, in our opinion, let well as one unit on an assured shorthold tenancy, or as a holiday let or Air BnB.


Ground floor


Commercial unit - 8 dundonald road


We are advised that the ground floor commercial unit has been let on a ten-year commercial lease from April 2019. The rent is currently set at £650 per calendar month (£7,800 per annum). The lease has a break clause at 5 years.


First floor


The maisonette - 8A dundonald road


The maisonette is accessed via a separate ground floor entrance at street level into a hallway with stairs leading to the upper floors.


First floor landing


Radiator. Door leading out to rear garden with access via wooden steps.


Separate WC


With window to side and low level WC.


Bathroom


Fitted with panelled bath, wash basin and low level WC. Double glazed window to rear. Radiator.


Lounge


4.490m extending to 5.270m x 3.56m (14' 9" extending to 17' 3" x 11'8) Sash bay window to front. Coved ceiling. Radiator.


Kitchen


3.390m x 2.410m (11' 1" x 7' 11") Fitted with a range of units with electric oven, gas hob and extractor over. Stainless steel sink unit. Sash window to front. Vinyl flooring.


Bedroom one/dining room


4.170m x 3.620m (13' 8" x 11' 11") Double glazed window to rear. Vinyl flooring. Radiator.


Second floor

half landing


With double glazed window to rear.


Main landing


Built-in storage cupboard.

Bedroom two:
3.070m x 2.730m (10' 1" x 8' 11") Double glazed window to front with distant sea glimpse. Radiator.

Bedroom three:
3.380m extending to 5.260m x 2.75m (11' 1" extending to 17' 3" x 13') Double glazed window to front with distant sea glimpse. Radiator.

Bedroom four:
4.200m x 2.150m extending to 2.80m into dormer (13' 9" x 7' 1" extending to 9' 2") Double glazed dormer window to rear. Radiator.


Exterior

rear garden


9.450m x 6.100m (31' 0" x 20' 0") Walled garden with raised lawned area and side access.


Commercial EPC rating - C

residential EPC rating
- E

Property info

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For more information about this property, please contact
Terence Painter, CT10 on +44 1843 306256 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Terence Painter, and do not constitute property particulars. Please contact Terence Painter for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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