Retail premises for sale in King Street, Sandwich CT13

Location
Sandwich is located within the Borough of Kent, approximately 65 miles from London. The town has a population estimate of 5,000 people and is home to various nature reserves and two world renowned golf courses in Royal St Georges and Princes.

The popular tourist destination has a good mixture of retailers, restaurants and bars in the town centre. Nearby occupiers include Nationwide, Sue Ryder, Brewers of Sandwich and Fluer De Lis Hotel and Restaurant.

Sandwich Rail Station is situated approximately 300 metres from the property.

Description
The shop has a double frontage and is rectangular in shape, with a staff room, kitchen and storage area at the rear. The shop also has use of three external store rooms in the rear courtyard, two of which are former cold storage units which are temporary structures. The courtyard is demised to the ground floor tenant.

The shop trades as a carpet shop which has been in occupation since 2007. The tenant has a lease until 2029 and is currently paying a stepped rental, for more information please get in touch. The tenant will be staying in place after the sale.

Access to the apartment is via the front of the building. The apartment has a dated interior which is in need of modernisation and is arranged over first floor, with a loft space which is not in use.

Planning The property is Grade II Listed
Building use Class E on the ground floor and C3 residential on the upper floors

VAT The premises are not elected for VAT
EPC Rating Commercial c-73
Tenure Freehold

Purchase Price Offers in the region of £260,000 for the freehold interest, which represents a low capital value of £112.9 per sq ft