Unit 2, 7-10 St. Margarets Street, Canterbury, CT1 2TP

£35,000

Size

936

Lease length

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EPC

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Parking

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Spaces

1

Space
Space use
Size
Availability
Unit - 2
Other
936
Available
Size
Price
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Price per
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Primary use
Other

No floor / site plan

Key features

  • Class E Commercial: Ground floor unit in historic Canterbury - Guide Rent £35,000 pax (GIA approx. 925 sqft / 86 sq m
  • New lease available on terms to be agreed
  • 43,000 students across three universities
  • 900,000 visitors to Canterbury Cathedral per annum.
  • Affluent catchment, with 25% AB, 33% C1, 21% C2

Description

Class E Commercial: Ground floor unit in historic Canterbury - Guide Rent £35,000 pax (GIA approx. 925 sqft / 86 sq m

Additional information

Let type
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Let contract length
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Status
Available
Date available
22 June 2021
Service charge
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Business rates
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Key features

  • Class E Commercial: Ground floor unit in historic Canterbury - Guide Rent £35,000 pax (GIA approx. 925 sqft / 86 sq m
  • New lease available on terms to be agreed
  • 43,000 students across three universities
  • 900,000 visitors to Canterbury Cathedral per annum.
  • Affluent catchment, with 25% AB, 33% C1, 21% C2

Description

Description
The Slatters development at 7-10 St Margaret's Street is a mixed-use development comprising a new 129 bed Hampton by Hilton hotel, together with a 5th floor rooftop bar/restaurant (trading as Socialite) with dedicated ground floor entrance and two ground floor commercial units. Unit 1 is let.

Location
The subject property occupies a prime central retail pitch in the City Centre, located on St Margaret's Street which links the historic High Street to the modern Whitefriars development, Canterbury’s prime retailing location, which is home to brands such as Fenwicks, H&M, M&S, Topshop and Zara. Canterbury Cathedral is a 4 minute walk from the subject property, which itself attracts over 900,000 paid visits annually.
St Margaret's Street is already an established boutique retail and food and beverage location, with retailers such as Superdry HMV, and Alice and the Hatter.

Rent & Service Charge
We are guiding £35,000 per annum exclusive VAT for a new lease on terms to be agreed.
Rent will be subject to VAT (exclusive of service charge and all other property-related outgoings), payable quarterly in advance on the standard English Quarter Days.
Service charge for the unit is estimated to be at £1.50 per sq ft and to be capped at £2.00 per sq ft.

Tenure
The premises are available on a new Full Internal Repairing and Insuring Lease.

EPC
To be assessed.

Viewing
Viewings are to arranged with the sole agent Savills.

Planning
The Local Planning Authority advises: The ground floor commercial units shall be used for E(a), E(c), E(e) and E(g) purposes and for no other purpose
(including any other purpose in Class E of the Schedule to the Town and Country Planning (Use Classes) (Amendment) (England) Regulations
2020, or in any provision equivalent to that Class in any statutory instrument revoking and re-enacting that Order).
Ref: CA/23/02204.
Additional information
Let type
Long
Let contract length
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Status
Available
Date available
12 December 2025
Service charge
£1.5
Business rates
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Use class
E, B2
Floors in building
1
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Unit 2, 7-10 St. Margarets Street, Canterbury, CT1 2TP

NEAREST STATIONS

National Rail

Canterbury East Station

0.29 miles

National Rail

Canterbury West Station

0.47 miles

National Rail

Sturry Station

2.44 miles

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Disclaimer - Property reference 71033-2. 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, Southampton - Licensed Leisure. 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.