Property for sale in High Street, Whitstable CT5
£575,000 (£187/sq. ft)
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An exciting investment opportunity with significant development potential in the heart of Whitstable’s vibrant High Street, which benefits from a variety of independent shops and highly regarded restaurants and is within close proximity of the beach and railway station (0.5 miles distant).
This substantial three storey Victorian building comprises a ground floor shop premises with yard (existing business not affected) and an exceptionally spacious first and second floor maisonette with three bedrooms, which benefits from its own private entrance at ground floor level.
In addition, the property is being sold with approved planning permission to extend and re-model to the rear of the building to create a one bedroom dwelling with garden, whilst retaining the shop premises and maisonette dwelling.
Further information is available on the Canterbury City Council website: Under application number ca//17/01146/ful.
Whitstable High Street is a highly sought after location enviably positioned in the heart of town providing convenient access to a diverse range of local shops, highly regarded restaurants, the seafront, bus routes and recreational amenities and a short walk away from the town's fashionable Harbour Street. The property is located close to a busy pedestrian crossing and is within close proximity of Whitstable mainline railway station offering frequent services to London (Victoria) approximately 80 minutes. The high speed Javelin service provides access to London (St Pancras) with a journey time of approximately 73 minutes. The A299 is accessible providing a dual carriageway link to the M2/A2 giving access to the channel ports and connecting motorway network.
• The ground floor shop premises is currently let on an Fri lease with a gross annual income of £12,000.
• The first and second floor maisonette is currently let on an Assured Shorthold Tenancy with a gross annual income of £10,200.
The above leases are unaffected by the planning approval for the proposed development of an additional dwelling to the rear of the building, as this falls outside of the let areas.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Christopher Hodgson, and do not constitute property particulars. Please contact Christopher Hodgson 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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