£495,000
Restaurant for saleHigh Street, Whitstable, Kent CT5
1 reception
EPC Rating: E
Just added
Freehold
About this property
Prime Freehold Mixed-Use Investment.
Full Repairing And Insuring (Fri) Lease Until 31st July 2035.
Producing An Annual Rental Income Of £17,600 Per Annum.
Spacious Three-Bedroom Maisonette With Independent Access.
Highly Desirable Coastal Location With Strong Occupier Demand.
Ideal For Investors Seeking a Combination Of Secure Commercial Income And Residential Upside.
Prime Mixed-Use Investment Opportunity – High Street, Whitstable
A rare opportunity to acquire a prominent freehold mixed-use investment situated on Whitstable's highly sought-after High Street, one of Kent's most vibrant and popular retail destinations.
The property comprises a well-established ground floor and basement retail premises, currently occupied by Jim's Butchers, together with a spacious three-bedroom maisonette arranged over the upper floors with its own independent access from the right-hand side of the building.
The commercial element is let on a Full Repairing and Insuring (Fri) lease until 31st July 2035, producing a current rental income of £17,600 per annum, providing purchasers with an immediate and secure income stream from a long-standing local business.
The well-proportioned three-bedroom maisonette is currently vacant, offering considerable flexibility for an incoming purchaser. The residential accommodation could be let to generate additional rental income, occupied by an owner, or potentially enhanced to maximise future returns, subject to any necessary consents.
Occupying a prime position within Whitstable's thriving High Street, the property benefits from excellent pedestrian footfall and is surrounded by an excellent mix of independent retailers, cafés, restaurants and national occupiers. Whitstable's renowned seafront, harbour and mainline railway station are all within easy walking distance, making this an attractive proposition for investors seeking a mixed-use asset in a highly desirable coastal location.
Material Information
Construction Type/Materials: To Follow
Broadband Coverage: To check broadband and mobile phone coverage please visit Ofcom here:
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
The popular seaside town of Whitstable is situated on the stunning North Kent coast, 7 miles north of the historical city of Canterbury and less than 60 miles from central London. With its quaint alley ways, colourful high street and peaceful shingle beaches this town has a lot to offer both residents and holiday makers. For entertainment there are excellent water sport facilities, plenty of art galleries, and a wealth of independently run restaurants, boutiques and cafes to enjoy along the vibrant high street. The Crab and Winkle Way, one of the earliest passenger railways and the first ever steam-powered railway in the world, follows the disused railway line between Canterbury and Whitstable, and is now a popular walking and cycle route through woods and countryside. Road links via the A299 Thanet Way give easy access to the M2 for travel to London and beyond. Whitstable also has a main line train station providing fast and frequent links into London Victoria (1hr 30 mins) and London St Pancras (1hr 11mins).
Ground Floor Commercial
100 Sqm
Residential Flat
Ff Kitchen (11' 10" x 12' 2")
Ff Lounge (14' 9" x 16' 9")
Ff Dining Room (13' 5" x 12' 6")
Ff Bathroom (9' 6" x 8' 6")
Ff WC (5' 3" x 2' 7")
Sf Bedroom (12' 10" x 13' 1")
Sf Bedroom (9' 10" x 11' 6")
Sf Bedroom (14' 1" x 11' 6")
Sf WC (8' 10" x 3' 3")
A rare opportunity to acquire a prominent freehold mixed-use investment situated on Whitstable's highly sought-after High Street, one of Kent's most vibrant and popular retail destinations.
The property comprises a well-established ground floor and basement retail premises, currently occupied by Jim's Butchers, together with a spacious three-bedroom maisonette arranged over the upper floors with its own independent access from the right-hand side of the building.
The commercial element is let on a Full Repairing and Insuring (Fri) lease until 31st July 2035, producing a current rental income of £17,600 per annum, providing purchasers with an immediate and secure income stream from a long-standing local business.
The well-proportioned three-bedroom maisonette is currently vacant, offering considerable flexibility for an incoming purchaser. The residential accommodation could be let to generate additional rental income, occupied by an owner, or potentially enhanced to maximise future returns, subject to any necessary consents.
Occupying a prime position within Whitstable's thriving High Street, the property benefits from excellent pedestrian footfall and is surrounded by an excellent mix of independent retailers, cafés, restaurants and national occupiers. Whitstable's renowned seafront, harbour and mainline railway station are all within easy walking distance, making this an attractive proposition for investors seeking a mixed-use asset in a highly desirable coastal location.
Material Information
Construction Type/Materials: To Follow
Broadband Coverage: To check broadband and mobile phone coverage please visit Ofcom here:
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
The popular seaside town of Whitstable is situated on the stunning North Kent coast, 7 miles north of the historical city of Canterbury and less than 60 miles from central London. With its quaint alley ways, colourful high street and peaceful shingle beaches this town has a lot to offer both residents and holiday makers. For entertainment there are excellent water sport facilities, plenty of art galleries, and a wealth of independently run restaurants, boutiques and cafes to enjoy along the vibrant high street. The Crab and Winkle Way, one of the earliest passenger railways and the first ever steam-powered railway in the world, follows the disused railway line between Canterbury and Whitstable, and is now a popular walking and cycle route through woods and countryside. Road links via the A299 Thanet Way give easy access to the M2 for travel to London and beyond. Whitstable also has a main line train station providing fast and frequent links into London Victoria (1hr 30 mins) and London St Pancras (1hr 11mins).
Ground Floor Commercial
100 Sqm
Residential Flat
Ff Kitchen (11' 10" x 12' 2")
Ff Lounge (14' 9" x 16' 9")
Ff Dining Room (13' 5" x 12' 6")
Ff Bathroom (9' 6" x 8' 6")
Ff WC (5' 3" x 2' 7")
Sf Bedroom (12' 10" x 13' 1")
Sf Bedroom (9' 10" x 11' 6")
Sf Bedroom (14' 1" x 11' 6")
Sf WC (8' 10" x 3' 3")
Mortgage calculator
Monthly repayment
£2,476 per month
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