£240,000
(£265.49/sq. ft)
Retail premises for saleHigh Street, Broadstairs, Kent CT10
904 sq. ft
Leasehold
About this property
Prominent High Street Location in Broadstairs
Long Leasehold Commercial Retail Investment
Let on a 15-Year Lease From October 2022
Producing £17,325 Per Annum Rental Income
An excellent opportunity to acquire a commercial investment property in a prominent High Street location in Broadstairs.
The property comprises a ground-floor retail shop, offered for sale on a long leasehold basis, with the sale relating solely to the commercial premises. The residential accommodation above is expressly excluded from the sale.
The shop is let on a 15-year lease commencing in October 2022, currently producing an annual rental income of £17,325 per annum, offering an established income stream for investors.
Situated within Broadstairs High Street, the property benefits from a town-centre location, making it an attractive addition to an investment portfolio.
This opportunity will appeal to investors seeking a commercial property with an existing tenant and a contractual rental income, secured by a long leasehold interest
EPC Rating B
Identification Checks:
If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete id verification checks. This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks. The fee is £60 (including VAT) per person or £120 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued. Please note that this charge is non-refundable.
Location Summary
The sought-after seaside town of Broadstairs, with quaint fisherman’s cottages and period houses, includes Bleak House, once the summer home of Charles Dickens. Broadstairs is also well known for its Blue Flag award winning sandy beaches, including Viking Bay and Joss Bay. The town also offers a good range of facilities with a wonderful selection of boutique shops, restaurants and cinema, together with those found at Westwood Cross shopping centre. Sporting and recreational opportunities in the area include: A leisure centre at Ramsgate, golf at North Foreland Golf Club, the championship golf courses of Royal St Georges and Princes in Sandwich, various sports clubs in the area including Broadstairs Sailing Club, cliff top and beach walking, horse riding and bowls clubs. Broadstairs benefits from the High Speed Rail with direct services to London (St Pancras 76 mins). The nearby A299 Thanet Way provides good access to the motorway network. The Eurotunnel at Cheriton and Port of Dover are easily accessed by car and provide excellent links to the continent.
Reception Room
30 Sqm
4 x Treatment Rooms
28 Sqm
Kitchenette
3.2 Sqm
Hallway
13.1 Sqm
Staff Room
6.2 Sqm
The property comprises a ground-floor retail shop, offered for sale on a long leasehold basis, with the sale relating solely to the commercial premises. The residential accommodation above is expressly excluded from the sale.
The shop is let on a 15-year lease commencing in October 2022, currently producing an annual rental income of £17,325 per annum, offering an established income stream for investors.
Situated within Broadstairs High Street, the property benefits from a town-centre location, making it an attractive addition to an investment portfolio.
This opportunity will appeal to investors seeking a commercial property with an existing tenant and a contractual rental income, secured by a long leasehold interest
EPC Rating B
Identification Checks:
If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete id verification checks. This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks. The fee is £60 (including VAT) per person or £120 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued. Please note that this charge is non-refundable.
Location Summary
The sought-after seaside town of Broadstairs, with quaint fisherman’s cottages and period houses, includes Bleak House, once the summer home of Charles Dickens. Broadstairs is also well known for its Blue Flag award winning sandy beaches, including Viking Bay and Joss Bay. The town also offers a good range of facilities with a wonderful selection of boutique shops, restaurants and cinema, together with those found at Westwood Cross shopping centre. Sporting and recreational opportunities in the area include: A leisure centre at Ramsgate, golf at North Foreland Golf Club, the championship golf courses of Royal St Georges and Princes in Sandwich, various sports clubs in the area including Broadstairs Sailing Club, cliff top and beach walking, horse riding and bowls clubs. Broadstairs benefits from the High Speed Rail with direct services to London (St Pancras 76 mins). The nearby A299 Thanet Way provides good access to the motorway network. The Eurotunnel at Cheriton and Port of Dover are easily accessed by car and provide excellent links to the continent.
Reception Room
30 Sqm
4 x Treatment Rooms
28 Sqm
Kitchenette
3.2 Sqm
Hallway
13.1 Sqm
Staff Room
6.2 Sqm
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Monthly repayment
£1,200 per month
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