Commercial property for sale in High Street, Herne Bay CT6

Investment opportunity in Herne Bay! Mixed Use Commercial property with a 7% Gross Yield!

Miles and Barr Commercial are delighted to bring to the market an investment opportunity of two residential flats and a large commercial shop on a prominent high street location. The ground floor lock up shop is currently vacant but was previously let at £14,000 per annum. The property benefits from a double shop front, with large main sales areas to the left and right, with a back sales area and office space also. There is also a basement for storage, and a quaint rear garden with rear access. There is also rear access leading to two one-bedroom residential flats above. Both of these flats are currently tenanted on short term tenancies, with both flats combined bringing in £1,075pcm.

Benefitting from a corner location, this is not an opportunity to be missed!

EPC Rating: D

Location

Herne Bay is a popular coastal town benefiting from a range of local amenities including retail outlets and educational facilities. There are also a good range of leisure amenities including rowing, sailing and yacht clubs along with a swimming pool, theatre and cinema. The mainline railway station (approximately 1 mile distant) offers fast and frequent links to London (Victoria approximately 85mins) as well as the high speed service to London (St Pancras approximately 87mins). The town also offers excellent access to the A299 which gives access to the A2/ M2 motorway network. The picturesque town of Whitstable is only 5 miles distant which also enjoys a variety of shopping, educational and leisure amenities including sailing, water sports and bird watching, as well as the seafood restaurants for which it has become renowned. The City of Canterbury is approximately eight miles distant with its Cathedral, theatre and cultural amenities. The City also boasts the facilities of a major shopping centre enjoying a range of mainstream retail outlets as well as many individual shops.

Lhs Main Sales Area (4.40m x 5.38m)

Rhs Main Sales Area (4.10m x 5.19m)

Back Sales Area (6.50m x 3.12m)

Back Office Room (2.02m x 2.80m)