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Central Parade, Herne Bay, CT6

£525,000

Business rates & charges may apply

Miles & Barr Commercial, Kent
SIZE

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SECTOR

Commercial property for sale

Key features

  • Fully Managed Block
  • Spectacular Views
  • Short Walk From Town Centre
  • 9.5% Yield!

Description

9.5% Yield!

Miles and Barr Commercial are delighted to bring to the market this seven-unit HMO business on Central Parade, Herne Bay.

The property benefits from spectacular sea views and comprises of seven separate flats. The property measures 185 Sqm in total.

Investment Opportunity.

All of the seven letting flats are currently let at the following rents of which include Rent and Gas:

Basement Flat- £875 (51 Sqm), Flat 1 - £600 (27 Sqm), Flat 2 - £500 (15 Sqm), Flat 3 - £495 (11 Sqm), Flat 4 - £475 (33 Sqm), Flat 5 - £525 (15 Sqm), Flat 6 – £695 (33 Sqm). All seven of the flats are currently managed by Miles and Barr Property Management, and viewings are to be arranged by appointment only!

Brochures

Central Parade, Herne Bay, CT6

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Herne Bay Station0.6 miles
  • Chestfield & Swalecliffe Station2.6 miles
  • Whitstable Station4.1 miles

About Miles & Barr Commercial, Kent

1 The Links, Herne Bay, Kent, CT6 7GQ

- Commercial Property Sales and Leasing

- Property and Portfolio Management

- Land Acquisitions

- Finance on all property types along with land and development

- Off plan new homes with bespoke marketing packages

Notes

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Disclaimer - Property reference 9879c0c4-eb63-4cad-aa4a-309a8dd79756. 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 Miles & Barr Commercial, Kent. 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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