£195,000
(£130.00/sq. ft)
Retail premises for sale6A New Street, Herne Bay, Kent CT6
1,500 sq. ft
Freehold
About this property
Prime commercial investment opportunity in Herne Bay
1,500 sq ft building over ground and first floors
Potential to extend commercial space or add a residential floor (STPP)
Unique and versatile building with strong development potential
Convenient location with excellent local amenities
An excellent investment opportunity in Herne Bay, comprising a 1,500 sq ft building over ground and first floors, currently occupied by a long-standing independent gym operator. The lease is secured for the next five years, generating a stable income of £12,000 per annum.
The property offers potential for value enhancement: There may be scope to extend the commercial space or add an additional residential floor (subject to planning permission). Alternatively, with a full change of use, the building could be converted entirely into residential or office space, making it a truly unique and versatile asset.
The property offers potential for value enhancement: There may be scope to extend the commercial space or add an additional residential floor (subject to planning permission). Alternatively, with a full change of use, the building could be converted entirely into residential or office space, making it a truly unique and versatile asset.
Mortgage calculator
Monthly repayment
£975 per month
Whole of market comparison
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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