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51-51A High St 258 SF Retail Condo Unit Offered at $167,106 in New Romney TN28 8AH
INVESTMENT HIGHLIGHTS
- High Street location
- Located on well-connected A259
- Rail services into central London
EXECUTIVE SUMMARY
ew Romney lies just off the A259, linking it with the beaches of Dymchurch and, further up the coast, with Hythe and Folkestone. There are nine railway stations nearby, including Ashford International railway station, just a 20-minute drive away.
PROPERTY FACTS Sale Pending
| Total Building Size | 516 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 258 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 2024 |
| Building Class | B | Lot Size | 0.07 AC |
| Total Building Size | 516 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 258 SF |
| Year Built | 2024 |
| Lot Size | 0.07 AC |
AMENITIES
- Signage
1 UNIT AVAILABLE
Unit 51A
| Unit Size | 258 SF | Sale Type | Investment |
| Price | $167,106 | Tenure | Long Leasehold |
| Price Per SF | $647.70 | Cap Rate | 7.20% |
| Condo Use | Retail | NOI | $12,031.60 |
| Unit Size | 258 SF |
| Price | $167,106 |
| Price Per SF | $647.70 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 7.20% |
| NOI | $12,031.60 |
DESCRIPTION
The ground floor is split into 2 x newly formed and refurbished commercial shops which total 516 sq ft of ground floor space.
SALE NOTES
Currently leased on 2 x FRI leases and can be bought as one investment or individually.
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51-51A High St
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