£330,000
(£147.06/sq. ft)
Retail premises for saleHigh Street, Hythe CT21
2,244 sq. ft
Just added
About this property
Investment
High Street Address
Potential for Conversion
Detailed Description
Motis Estates are proud to offer a double-fronted period property sits in the heart of Hythe’s bustling High Street, offering approximately 2,244 sq. Ft. Of versatile space. It features a ground-floor retail unit with a new 5 year lease with expansive glazed display windows, and the potential to reinstate the upper floors into a two-to-three bedroom maisonette in the future.
Situated on the High Street, there are numerous retail outlets such as wh Smiths, Boots, Iceland and several independent shops all in the vicinity in the picturesque Cinque Port Town of Hythe, approximately 4 miles from the Channel Tunnel terminal and Folkestone. The town centre offers a range of Multiple Retailers and banks and enjoys a wide variety of retail outlets and businesses giving a good mixed trading environment. Sandling mainline railway station, the M20 motorway and Ports of Dover and Folkestone are also easily accessed by car.
This prime, double-fronted period retail property on Hythe High Street is an exceptional investment opportunity. The building has a total floor space of circa 2,244 sq ft of which the main retail space an associated areas totals circa 992 sq ft. The ground floor currently benefits from an impending 5-year commercial lease at a rent of £22,000 per annum, featuring built-in flexibility with a tenant break clause and rent review scheduled at the 2.5-year mark, ensuring immediate, stable income with market-aligned growth.
The property is in a prominent, high-footfall trading position in the heart of Hythe's bustling High Street.
It is a distinctive double-fronted building with large display windows, a versatile retail footprint, and additional mezzanine/storeroom space.
Ground floor retail zone a 38.40 sq m 413.18 sq ft
Ground floor retail zone b 6.93 sq m 74.57 sq ft
Ground floor retail area 22.83 sq m 245.65 sq ft
Ground floor internal storage 6.91 sq m 74.35 sq ft
First floor retail area 37.95 sq m 408.34 sq ft
First floor kitchen 7.21 sq m 77.58 sq ft
Second floor internal storage 30.27 sq m 325.71 sq ft
The upper parts of the building (currently configured as a first-floor showroom and second-floor storage) possess brilliant scope for residential conversion into a 2/3 bedroom maisonette, subject to relevant planning permissions and listed building consents.
Energy Performance Certificate: The property has an EPC rating of B (46) valid until March 2036.
Services: Water, Drainage and Electric
Use: E Class
Terms - The rental is £22,000 per annum (no VAT) with a lease term of 5 years due to be signed asap with a Break Clause and Rent Review on 2.5 years.
Business Rates - Folkestone & Hythe District Council verbally advise a Rateable Value - £15,000
Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone by calling or e-mailing
subject to contract (This firm operates a Complaints Handling Procedure, details of which are available upon request).
Motis Estates are proud to offer a double-fronted period property sits in the heart of Hythe’s bustling High Street, offering approximately 2,244 sq. Ft. Of versatile space. It features a ground-floor retail unit with a new 5 year lease with expansive glazed display windows, and the potential to reinstate the upper floors into a two-to-three bedroom maisonette in the future.
Situated on the High Street, there are numerous retail outlets such as wh Smiths, Boots, Iceland and several independent shops all in the vicinity in the picturesque Cinque Port Town of Hythe, approximately 4 miles from the Channel Tunnel terminal and Folkestone. The town centre offers a range of Multiple Retailers and banks and enjoys a wide variety of retail outlets and businesses giving a good mixed trading environment. Sandling mainline railway station, the M20 motorway and Ports of Dover and Folkestone are also easily accessed by car.
This prime, double-fronted period retail property on Hythe High Street is an exceptional investment opportunity. The building has a total floor space of circa 2,244 sq ft of which the main retail space an associated areas totals circa 992 sq ft. The ground floor currently benefits from an impending 5-year commercial lease at a rent of £22,000 per annum, featuring built-in flexibility with a tenant break clause and rent review scheduled at the 2.5-year mark, ensuring immediate, stable income with market-aligned growth.
The property is in a prominent, high-footfall trading position in the heart of Hythe's bustling High Street.
It is a distinctive double-fronted building with large display windows, a versatile retail footprint, and additional mezzanine/storeroom space.
Ground floor retail zone a 38.40 sq m 413.18 sq ft
Ground floor retail zone b 6.93 sq m 74.57 sq ft
Ground floor retail area 22.83 sq m 245.65 sq ft
Ground floor internal storage 6.91 sq m 74.35 sq ft
First floor retail area 37.95 sq m 408.34 sq ft
First floor kitchen 7.21 sq m 77.58 sq ft
Second floor internal storage 30.27 sq m 325.71 sq ft
The upper parts of the building (currently configured as a first-floor showroom and second-floor storage) possess brilliant scope for residential conversion into a 2/3 bedroom maisonette, subject to relevant planning permissions and listed building consents.
Energy Performance Certificate: The property has an EPC rating of B (46) valid until March 2036.
Services: Water, Drainage and Electric
Use: E Class
Terms - The rental is £22,000 per annum (no VAT) with a lease term of 5 years due to be signed asap with a Break Clause and Rent Review on 2.5 years.
Business Rates - Folkestone & Hythe District Council verbally advise a Rateable Value - £15,000
Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone by calling or e-mailing
subject to contract (This firm operates a Complaints Handling Procedure, details of which are available upon request).
Mortgage calculator
Monthly repayment
£1,650 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}