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126-128 High St

498 SF Retail Building Hythe CT21 5LE $383,411 ($770/SF)

Investment Highlights

  • Good road links
  • Close proximity to local amenities
  • Good transport links

Executive Summary

Comprises a mid-terrace mixed use period building arranged on ground, first and second floors. The ground floor, which is to be offered with vacant possession is currently trading as a café with kitchen and preparation facilities to the rear. The upper parts provide a three bedroom self-contained flat accessed via the rear which is currently let upon an AST (Assured Shorthold Tenancy).
Externally there is a small yard area with shared access and storage unit. We are advised that the building is Grade II listed.
The ground floor shop/café property is to be offered with vacant possession. The first and second floor residential unit is currently sublet upon an AST at a rental of £9,600 per annum exclusive. Price – £300,000 (Three Hundred Thousand Pounds), subject to the existing Shorthold Tenancy upon the residential upper part.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
498 SF
Building Class
C
Year Built
1850
Price
$383,411
Price Per SF
$770
Tenancy
Single
Building Height
3 Stories
Building FAR
0.66
Lot Size
0.02 AC
Frontage
15 FT on High Street

Amenities

  • Signage
  • Energy Performance Rating - D

Nearby Major Retailers

Waitrose
Iceland
Lloyds Bank
Sainsbury's
Londis
  • Listing ID: 33270084

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: 126-128 High St, Hythe CT21 5LE

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