Guide price
£490,000
Retail premises for saleStation Road, Herne Bay CT6
Freehold
About this property
Secure 7% Yield
Two Seperate Lease Agreements
Front Facing Pharmacy
Rear Officed Use Annex
Freehold Commercial investment - Secure 7%!
Freehold Commercial investment!
Miles and Barr Commercial are delighted to be assisting with the sale of this ground floor freehold commercial investment. The property is currently comprised on one freehold title, but does have two separate commercial leases.
The front pharmacy part of the premises (161a) is let to prx Pharmacy Ltd on a fifteen year lease starting August the 14th at a passing rent of £22,000pa. The unit comprises of a large pharmacy service area to the front, a rear retail/preparation room, three store rooms, a server room, a staff room with a kitchenette and male/female WC€TMs to the rear. The total unit size for the premises is 1,932 Sq.ft.
The Rear part of the premises (161, the gp Annex) is let to Heron Medical Practice, St Anne€TMs surgery of whom are currently on a lease agreement commencing in January 1989 for a term of forty-five years, at a passing rent of £12,000pa. Accessed via the side alley, the unit totals 738 Sq.ft and comprises of an open planned office upon entry, with two smaller office rooms and a kitchenette.
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances
Ground Floor Retail Area
7900 x 11580
Rear Retail Area
4190 x 5490
Office
2460 x 3730
Server Room
1960 x 2770
Store Room
3430 x 3510
Kitchen
3050 x 3510
2 x Wc's
Reception/Office
4599 x 5770
Office
2029 x 3940
Office
2900 x 5260
Kitchen
1910 x 2690
Freehold Commercial investment!
Miles and Barr Commercial are delighted to be assisting with the sale of this ground floor freehold commercial investment. The property is currently comprised on one freehold title, but does have two separate commercial leases.
The front pharmacy part of the premises (161a) is let to prx Pharmacy Ltd on a fifteen year lease starting August the 14th at a passing rent of £22,000pa. The unit comprises of a large pharmacy service area to the front, a rear retail/preparation room, three store rooms, a server room, a staff room with a kitchenette and male/female WC€TMs to the rear. The total unit size for the premises is 1,932 Sq.ft.
The Rear part of the premises (161, the gp Annex) is let to Heron Medical Practice, St Anne€TMs surgery of whom are currently on a lease agreement commencing in January 1989 for a term of forty-five years, at a passing rent of £12,000pa. Accessed via the side alley, the unit totals 738 Sq.ft and comprises of an open planned office upon entry, with two smaller office rooms and a kitchenette.
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances
Ground Floor Retail Area
7900 x 11580
Rear Retail Area
4190 x 5490
Office
2460 x 3730
Server Room
1960 x 2770
Store Room
3430 x 3510
Kitchen
3050 x 3510
2 x Wc's
Reception/Office
4599 x 5770
Office
2029 x 3940
Office
2900 x 5260
Kitchen
1910 x 2690
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