Guide price
£410,000
(£143.21/sq. ft)
Property for saleMortimer Street, Herne Bay CT6
3 baths
6 receptions
2,863 sq. ft
EPC Rating: D
Freehold
About this property
Freehold commercial property in a prime town centre location
For Sale by modern method of auction
Situated on Mortimer Street, a high-footfall area in the heart of Herne Bay
Current Use C3
Spacious ground floor retail area ideal for a variety of business uses
Planning permission granted for residential flats above
Strong opportunity for mixed-use development and long-term rental income
Surrounded by local shops, cafes, and amenities – great visibility and accessibility
Suitable for owner-occupiers, investors, or developers
Call Now For A Viewing!
An exciting opportunity to purchase a prominent freehold commercial unit situated in the heart of Mortimer Street, Herne Bay.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
This spacious ground floor premises offers excellent potential for a range of commercial uses, including retail, food service, or professional services. The unit benefits from a generous shop front area with strong visibility and footfall, as well as additional rooms to the rear that currently house commercial refrigeration units.
In addition to its prime location and versatile layout, the property also comes with the significant advantage of granted planning permission for residential flats above, offering excellent development potential and scope for long-term investment returns.
Whether you're a business owner looking for a high-profile site, or a developer seeking a mixed-use investment opportunity, this property presents strong potential in a sought-after coastal town.
For further information or to arrange a viewing, contact Zest Homes Commercial today.
Auctioneers Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Planning
ReferenceCA/19/10205
Application ValidatedTue 03 Dec 2019
AddressDwelling Accommodation 118 Mortimer Street Herne Bay Kent CT6 5EB
ProposalChange of use of first and second floors to form 2 no. Flats together with second floor rear extension and alterations to shopfront.
StatusDecided
DecisionGRANTED
Decision Issued DateFri 22 May 2020
Use A1 / A2
We believe the current class of business use is 'C3'. Interested parties are advised to seek clarification of permitted use from the local authority.
Use: A1/A2 Retail / Financial and Professional Services
Commercial Current Epc Rating D (99)
Floorplan Clause
Please Note: Floor plan measurements provided in our marketing materials may differ from those stated in the EPC (Energy Performance Certificate). While EPCs include all floor areas, including circulation and non-habitable spaces, our measurements reflect only the main living areas to give a clearer representation of usable space.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
This spacious ground floor premises offers excellent potential for a range of commercial uses, including retail, food service, or professional services. The unit benefits from a generous shop front area with strong visibility and footfall, as well as additional rooms to the rear that currently house commercial refrigeration units.
In addition to its prime location and versatile layout, the property also comes with the significant advantage of granted planning permission for residential flats above, offering excellent development potential and scope for long-term investment returns.
Whether you're a business owner looking for a high-profile site, or a developer seeking a mixed-use investment opportunity, this property presents strong potential in a sought-after coastal town.
For further information or to arrange a viewing, contact Zest Homes Commercial today.
Auctioneers Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Planning
ReferenceCA/19/10205
Application ValidatedTue 03 Dec 2019
AddressDwelling Accommodation 118 Mortimer Street Herne Bay Kent CT6 5EB
ProposalChange of use of first and second floors to form 2 no. Flats together with second floor rear extension and alterations to shopfront.
StatusDecided
DecisionGRANTED
Decision Issued DateFri 22 May 2020
Use A1 / A2
We believe the current class of business use is 'C3'. Interested parties are advised to seek clarification of permitted use from the local authority.
Use: A1/A2 Retail / Financial and Professional Services
Commercial Current Epc Rating D (99)
Floorplan Clause
Please Note: Floor plan measurements provided in our marketing materials may differ from those stated in the EPC (Energy Performance Certificate). While EPCs include all floor areas, including circulation and non-habitable spaces, our measurements reflect only the main living areas to give a clearer representation of usable space.
.png){kind=logo}