From
£725,000
Property for saleAshford TN24
About this property
Commercial unit situated across Ground, 1st & 2nd floor
An approx. 16,339 sq ft (1,523 sqm) - Low capital value of £44.37 per sq ft
Ground floor let to Debra Charity at £58,000 p.a. (Rising to £60,000 in September 2026)
First & second floor let to a night club/ snooker hall at £20,000 p.a. (late trading licence to 5am)
Development potential to convert the upper floors into multiple dwellings or a wider mixed-use scheme across the entire site (subject to the requisite consents)
Rear yard accessed off Park Street
Ashford International Station an approx. 0.4 miles from the property
No VAT on sale price
Virtual tours available in the description
Investment let at £78,000 p.a. (10.75% giy on guide, rent rising to £80,000 in September 2026)
Auction Sale - 09/06/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A freehold three storey commercial building situated on a prominent corner position comprising of an approx. 16,339 sq ft (1,523 sqm). Development potential to convert the upper floors into multiple dwellings (subject to the requisite consents & existing leases)
Investment let at £78,000 p.a.
Description
Ground Floor virtual tour - Click here
1st & 2nd floor virtual tour - Click here
A substantial commercial unit arranged across ground, first and second floors, extending to approximately 16,339 sq ft (1,523 sq m) overall.
The ground floor is let to Debra Charity at a current rent of £58,000 per annum, increasing to £60,000 per annum in September 2026. The first and second floors are let to a nightclub/snooker hall operator at a rent of £20,000 per annum.
The property produces a combined income of £78,000 per annum, rising to £80,000 per annum in September 2026, offering an attractive income‐producing investment.
There is development potential to convert the upper floors into multiple dwellings, or to pursue a wider mixed‐use redevelopment across the entire site, subject to obtaining the requisite consents.
The property is well located, with Ashford International Station approximately 0.4 miles away, providing high‐speed rail services to London and beyond. Investment let at £78,000 per annum, reflecting an attractive gross initial yield on the guide price, with income growth secured in September 2026.
Nearby national occupiers include Boots, McDonalds, kfc, Iceland, WHSmith, Sports Direct, Specsavers as well as a wide range of local and independent retailers.
Location
The property occupies a central High Street position in Ashford town centre, surrounded by a strong mix of national retailers and leisure occupiers including Boots, McDonald’s, WHSmith, Iceland, Sports Direct, Ladbrokes, NatWest and HSBC, confirming the area’s established trading profile. The location benefits from excellent connectivity, with Ashford International Station approximately 0.4 miles away, providing High Speed rail services to London and the Continent.
Transport
Ashford International Station - High Speed rail services to London and the Continent.
Tenancy
Ground floor
- Let to Debra Charity
- Let on a 6 year lease from July 2022 (Reversion 2028)
- Stepped rent increase to £60,000 p.a. In September 2026
- Break option in September 2025 not served
- Investment let £58,000 p.a.
1st & 2nd Floor
- Let to The Ashford Club
- Let on 14 year lease from 2015 (Reversion 2029)
- No break options
- Investment let £20,000 p.a.
Accommodation
Please refer to the floor plans
Mortgage calculator
£3,626 per month
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