180 High St | Herne Bay CT6 5AJ
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180 High St
Herne Bay CT6 5AJ
Retail Property For Sale
Investment Highlights
- High Street Location
- Rear Access
- Corner Property
Executive Summary
The property benefits from a double shop front, with large main sales areas to the left and right, with a back sales area and office
space also. There is also a basement for storage, and a quaint rear garden with rear access. There is also rear access leading to two one-bedroom residential flats above. Both of these flats are currently tenanted on short term tenancies, with both flats combined bringing in 1,075pcm. Benefiting from a corner location, this is not an opportunity to be missed.
space also. There is also a basement for storage, and a quaint rear garden with rear access. There is also rear access leading to two one-bedroom residential flats above. Both of these flats are currently tenanted on short term tenancies, with both flats combined bringing in 1,075pcm. Benefiting from a corner location, this is not an opportunity to be missed.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
906 SF
Building Class
B
Year Built
1900
Price
£390,000
Price Per SF
£430
Net Initial Yield
6.88%
NOI
£26,840
Tenancy
Single
Number of Floors
3
Frontage
25 ft on High St
Amenities
- Balcony
1 of 3
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