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16-18 North Street, Ashford, Kent, TN24

£340,000

£177.64 per sq ft

Business rates & charges may apply

Stafford Perkins Chartered Surveyors, Ashford
SIZE AVAILABLE

1,914 sq ft

178 sq m

SECTOR

Commercial property for sale

Key features

  • Accommodation totalling 1,914 sq ft
  • Town centre location neighbouring Pizza Express
  • Income of £35,460 (gross) p.a. showing an initial yield of 9%
  • Redevelopment potential, subject to planning

Description

This is an attractive mid-terraced, three-storey Grade II listed building with a basement, providing a total of 1,914 sq.ft. of accommodation over the four floors. It provides a good investment opportunity or potential for residential redevelopment with the possibility of creating two self-contained flats (one on each of the upper floors), which could generate an income in the region of £20,000 per annum, subject to gaining all necessary consents. The offices are currently let as per the below schedule.
Ground Floor and Basement - Beauty Salon - £12,000 p.a. exclusive - 6 year lease to 2029.
1st Floor Office - £9,000 per annum exclusive. 3 year lease expiring in February 2025
2nd Floor Office - £2,820 per annum inclusive.
2nd Floor Office - £5,040 per annum inclusive.
2nd Floor Office - £2,820 per annum inclusive.
2nd Floor Office - £3,780 per annum inclusive
*2nd Floor offices all let on monthly inclusive licences.

Brochures

16-18 North Street, Ashford, Kent, TN24

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ashford International Station0.5 miles
  • Ashford Station0.5 miles
  • Wye Station3.4 miles

Notes

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Disclaimer - Property reference 440FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stafford Perkins Chartered Surveyors, Ashford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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