Commercial property for sale
89 High Street, Hythe, Kent, CT21 5JH
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Tuesday 10 February
- A freehold mid terrace mixed use property comprising of commercial unit at ground floor & 2 x flats at 1st, 2nd & 3rd floor
- 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 (subject to the requisite consents)
- Virtual tour available in the description
- No VAT on sale price
- Investment let at £36,800 p.a. (9.81% GIY on guide)
Description
StrapLine
Auction Sale - 10/02/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteA freehold mid terrace mixed use property comprising of a commercial unit at ground floor and 2 x flats at 1st, 2nd and 3rd floor. There is garage at the rear that offers further asset and/or development potential (subject to the requisite consents)
Investment let at 36,800 p.a.
Description
Please click here for the virtual tour of the flats
A freehold mid terrace property comprising of commercial unit at ground floor, a one bedroom flat at 1st floor and three bedroom maisonette at 2nd and 3rd floor.
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)
Location
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
Tenancy
89 High Street - Ground floor commercial unit
- Let on a 5 year lease from September 2025
- Rent review in year 3
- Investment let at £14,000 p.a.
First floor flat - 1 x Bedrooms
- Let on a 24 month AST from March 2024
- Investment let at £9,000 p.a.
Second & Third floor flat - 3 x Bedrooms
- Let on a 24 month AST from March 2024
- Investment let at £13,800 p.a.
Total rent = £36,800 p.a.
Accommodation
Ground floor (Retail) - 40 sq m (430 sq ft)
First floor flat - 1 bedroom flat - 43 sq m (462 sq ft)
First & Second floor Maisonette - 3 bedroom flat - 85 sqm (914 sq ft)
Rear Garage - not measured
89 High Street, Hythe, Kent, CT21 5JH
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 217-20755. 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 Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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