High Street, Hythe, CT21
- SIZE AVAILABLE
2,244 sq ft
208 sq m
- SECTOR
Shop for sale
Key features
- Investment
- High Street Address
- Potential for Conversion
Description
Situated on the High Street, there are numerous retail outlets such as WH Smiths, Boots, Iceland and several independent shops all in the vicinity in the picturesque Cinque Port Town of Hythe, approximately 4 miles from the Channel Tunnel terminal and Folkestone. The town centre offers a range of Multiple Retailers and banks and enjoys a wide variety of retail outlets and businesses giving a good mixed trading environment. Sandling mainline railway station, the M20 motorway and Ports of Dover and Folkestone are also easily accessed by car.
This prime, double-fronted period retail property on Hythe High Street is an exceptional investment opportunity. The building has a total floor space of circa 2,244 sq ft of which the main retail space an associated areas totals circa 992 sq ft. The ground floor currently benefits from an impending 5-year commercial lease at a rent of £22,000 per annum , featuring built-in flexibility with a tenant break clause and rent review scheduled at the 2.5-year mark, ensuring immediate, stable income with market-aligned growth.
The property is in a prominent, high-footfall trading position in the heart of Hythe's bustling High Street.
It is a distinctive double-fronted building with large display windows, a versatile retail footprint, and additional mezzanine/storeroom space.
Ground floor retail zone a 38.40 sq m 413.18 sq ft
Ground floor retail zone b 6.93 sq m 74.57 sq ft
Ground floor retail area 22.83 sq m 245.65 sq ft
Ground floor internal storage 6.91 sq m 74.35 sq ft
First floor retail area 37.95 sq m 408.34 sq ft
First floor kitchen 7.21 sq m 77.58 sq ft
Second floor internal storage 30.27 sq m 325.71 sq ft
The upper parts of the building (currently configured as a first-floor showroom and second-floor storage) possess brilliant scope for residential conversion into a 2/3 bedroom maisonette, subject to relevant planning permissions and listed building consents.
Energy Performance Certificate: The property has an EPC rating of B (46) valid until March 2036.
Services: Water, Drainage and Electric
Use: E Class
Terms - The rental is £22,000 per annum (no VAT) with a lease term of 5 years due to be signed ASAP with a Break Clause and Rent Review on 2.5 years.
Business Rates - Folkestone & Hythe District Council verbally advise a Rateable Value - £15,000
Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone by calling or e-mailing
SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).
Brochures
High Street, Hythe, CT21
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sandling Station1.5 miles
- Westenhanger Station2.6 miles
- Channel Tunnel Terminal Station2.6 miles
Notes
Disclaimer - Property reference MOTIS_010589. 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 Motis Estates Limited, Folkestone. 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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