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COMMERCIAL

High Street, New Romney

Guide Price
£449,000
Angela Hirst, Hamstreet
PROPERTY TYPE

Retail Property (high street)

BEDROOMS

3

BATHROOMS

2

SIZE

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Key features

  • Commercial Shop with 3 Bed Flat Above
  • Prominent High Street Location
  • Investment Property
  • Courtyard Off Road Parking for a minimum of three vehicles

Description

This property is being sold as an investment with the tenant business unaffected.

A spacious commercial retail premises with a 3 bedroom flat above in a prominent location on New Romney High Street. The shop is currently let and benefits from a corner position with large display windows to 2 sides. There are also 3 store rooms, a kitchenette and a wc. To the rear of the property is a courtyard area providing off road parking.

The flat above the shop was refurbished in 2022 and is also currently let. The flat is access via an external staircase to the rear and the accommodation comprises an entrance hall, living room, kitchen, bathroom, en suite shower room and 3 bedrooms. The flat also benefits from double glazing, gas central heating and a roof terrace garden.

This property is located on the high street of the Cinque Port town of New Romney within a bustling retail High Street, including Sainsbury’s, Costa Coffee, Lloyds Pharmacy as well as a large selection of local retail shopping. Littlestone seafront is just a short distance away and the M20 motorway is accessible at Ashford.

Guide Price £449,000

Tenancies and Rental income: Commercial: FRI 20 year lease with approx. 11 years remaining, Passing rent £19,000 per Annum with next rent review (every 3 yrs) December 2026.
Flat: Assured Shorthold Tenancy agreement rolled onto a Statutory Periodic Tenancy. Passing rent £9000 per Annum. Residential flat rental is understood to be below market rent levels.
Tenant lease terms: Retail shop on a 20 year lease with approx 11 yrs remaining. Flat on a AST held over on a Statutory Periodic Tenancy.
Present passing rent: Retail shop £19000/A. Flat £9000/A (market indications show the flat maybe under present market rent level). 
Business Rates: £20,000 per annum
Flat Council Tax: Band B
Flood Risk: River & Sea - Very Low Risk / Surface Water - High Risk
Broadband: Standard/Superfast/Ultrafast
Mobile Phone Signal: Yes
Construction: Steel frame lower with brick elevations
EPC: Retail shop B 45  Flat D 57

Brochures

Full Details

High Street, New Romney

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Appledore Station6.4 miles

About Angela Hirst, Hamstreet

The Estate Office Warehorne Road Hamstreet TN26 2JW
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Who are Angela Hirst Surveyors?

Angela Hirst Surveyors are an independent family firm of Chartered Surveyors and Marketeers. We achieve results and believe our dynamic approach to selling and ‘client first’ culture when combined with our detailed local knowledge, allow us to achieve the result you need. The best possible price.

How do we achieve so much?

Our history is one of achieving results. Our brand is durable, recognised and synonymous with quality and service. Our ongoing staff training and motivation programmes will ensure our future good name. Our record is second to none.

Residential Sales

What are the key elements in selling your property?

Instruction

When you instruct us we become your agent in the full legal, moral and traditional sense of the word. (Client first) We act only in your best interests and do not at any time act for a purchaser or allow any conflict of interest. We do not sell anything including financial services to a purchaser. If you are thinking of selling why not call us now for a FREE, no obligation, property valuation.

Standards

We are Chartered Surveyors, Members of The Royal Institution of Chartered Surveyors. We are members of the National Association of Estate Agents. We train our staff regularly and operate to the highest ethical standards within the rules of our trade bodies and statutory requirements. We offer complete confidentiality, courtesy and professional service.

Reputation

Continuous good service over many years, coupled with innovative marketing initiatives, helpful staff and local knowledge have all combined to make us a firm any purchaser will wish to contact first.

Appraisal

Selling your house is one thing, getting the best price is another. Achieving a result within a given timetable may also be an important consideration. The first step in selling is market appraisal. Many agents fail at this first hurdle by not possessing the appraisal skills or in their haste to obtain instruction, by not conducting a thorough appraisal. We appraise with diligence and care.

Communication

Our ‘client first’ culture ensures you are informed and in control of the sale of your property. Our staff training accepts constant change and ensures we respond to it and keep you updated.

Our modern office systems ensure we are talking about your property to the right people at the right time. We maintain lists of prospective purchasers and regularly communicate by phone and mail, ensuring the right people know about the property as soon as it comes to the market.

Marketing

We operate sophisticated, targeted marketing and it produces excellent results. Your property will fall into one of our specific marketing categories.

• Country Homes

• County Houses

• Modern Homes

Additionally we may highlight relevant property in features aimed at specialist market segments increasing marketing activity through the following categories; this means our advertising reaches specialist groups.

• Lifestyle

• Equestrian & Amenity

We believe in extensive targeted advertising using:

• Local journals

• Specialist Publications

• Direct Marketing

• Internet Websites including – www.rightmove.co.uk & www.angela-hirst.com

Residential Lettings

For Landlords, we offer FREE residential rental appraisals with a Let only or Fully Managed service and competitive rates and commissions.

For Tenants, register your requirements and our Lettings Department will keep you informed on availability on properties to rent.

CALL US NOW on 0845 521 1980 to find out more or arrange a free market appraisal.

Our offices are open throughout Kent and East Sussex from Monday to Friday 09.00 - 18.00 and 09.30 - 16.30 on Saturdays.

Angela Hirst

Setting Standards in Residential House Sales.

Notes

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Disclaimer - Property reference 12417078. 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 Angela Hirst, Hamstreet. 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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