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TWO FREEHOLD INVESTMENT SHOP PREMISESWITH 2 FLATS OVER
  • £470,000

Overview

  • Investment Properties, Business, Retail
  • Property Type

Description

PRIME TOWN CENTRE LOCATION
SHOPS LEASED @ £17,000 PA
1 FLAT LET @ £10,200 PA + 1 FLAT LET @ £8,400 PA
CURRENT TOTAL INCOME £35,600 PA
1 SHOP CURRENTLY VACANT

LOCATION
These two adjoining premises occupy a prominent trading position fronting the High Street of this popular Kent town, being close to all the multiple stores, banks offices etc and serving a densely populated residential area.

BUSINESS
Shop 1 (No 8) let on a 21 year FRI lease from March 2021 @ £11,000 PA. (3 year reviews)
Shop 2 (no 6) Income £6,000 PA.
2 Bedroom flat (No 8) currently let on AST producing £850 PCM
1 Bedroom flat (No 6) currently let on AST producing £700 PCM
Current income £35,600 PA

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Details

Updated on February 16, 2025 at 7:55 pm
  • Price £470,000
  • Property Type Investment Properties, Business, Retail
  • Property Status For Sale
  • Tagline Investment Properties, Other Retail Businesses

Contact Information

Gordon
  • Gordon

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