Sun Street, Canterbury, Kent, CT1 2HX

This is a rare opportunity to acquire a substantial freehold property in the very heart of Canterbury’s historic city centre, comprising a large top-floor maisonette arranged over three floors together with a commercial unit on the ground floor.

The residential accommodation offers five generously sized bedrooms, with the added benefit of a bathroom on each floor for maximum convenience. In addition, there is a separate self-contained unit with its own entrance, kitchen, and bathroom facilities, providing flexibility for long-term rentals or short-term lets.

The ground floor is occupied by a popular chicken wings restaurant, currently let on a secure 10-year lease producing an annual rental income of £55,000 per annum.

The maisonette has the potential to achieve approximately £3,000 per calendar month, while the self-contained accommodation is currently producing around £4,300 per calendar month. Together, the combined income across the property represents an exceptional return of approximately £130,000 per annum, making this an outstanding investment opportunity.

There is also scope and preparation already in place for a lift to be installed from the ground floor up to the maisonette, providing modern access. This means the current door to the maisonette could be repurposed as a dedicated fire exit.

With its central position, versatile layout, and proven rental demand, the property also has excellent potential as a holiday let, appealing to Canterbury’s year-round tourist market.

Location

Situated in the heart of Canterbury city centre, this property is just moments from the bustling High Street, with its wealth of shops, cafés, and restaurants. Canterbury’s world-famous cathedral, theatres, and cultural attractions are within easy reach, while excellent transport connections, including Canterbury West Station with High-Speed services to London St Pancras in under an hour, make this property highly attractive to professionals, students, and tourists alike.

The city is also home to highly regarded schools and universities, including the University of Kent and Canterbury Christ Church University, ensuring consistent rental demand year after year.

Key Features

-Substantial freehold property in prime city centre location
-Ground-floor commercial unit (let on 10-year lease, £55,000 pa)
-Maisonette arranged over three floors with five well-proportioned bedrooms
-Each floor benefits from its own bathroom
-Additional self-contained unit with separate access, kitchen, and bathroom
-Combined potential income of approx. £130,000 per annum
-Scope and preparation for lift installation from ground floor to maisonette
-Current maisonette door can be used as a fire exit
-Excellent rental demand from professionals, students, and tourists
-Outstanding potential for holiday letting