Mixed use property for sale
89 High Street, 89 High Street, Hythe
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- SIZE
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- SECTOR
Mixed use property for sale
Key features
- Freehold property of commercial unit ground floor & 2 x flats at 1st, 2nd & 3rd
- Flats comprise of 1 x one bedroom flat & 1 x three bedroom flat
- Commercial premise let on a new 5 year lease from September 2025 at £14,000 p.a.
- 1st floor flat let at £9,000 p.a. 2nd/3rd floor flat let at £13,800 p.a.
- Vacant garage to the rear of the property offering asset/ development potential
- No VAT on sale price
- Investment let at £36,800 p.a. (9.81% GIY on guide)
Description
The flats are accessed to the rear of the property via Dental Street. There is also a garage to the rear of the property which offers asset management potential to let out in it current format or development potential to be converted into a residential dwelling (subject to the requisite consents)
Hythe is an attractive and affluent town on the south east coast of England, in Kent. The property is located in a prominent position on the north side of High Street, Hythe's main retailing thoroughfare. The property is located in a strong pitch in the middle of High Street. Nearby occupiers include Boots the Chemist, Costa Coffee, WHSmith and a number of independent shops, cafe's and restaurants.
Transport
Rail: Sandling
Roads: A259, M20
Brochures
89 High Street, 89 High Street, Hythe
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sandling Station1.5 miles
- Channel Tunnel Terminal Station2.5 miles
- Westenhanger Station2.6 miles
Notes
Disclaimer - Property reference 391FD340-F645-4E6C-8BCC-8DBBF1BC3E4E. 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 Savills, Savills Auctions- Commercial. 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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