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10A Sun St 2,962 sq ft 100% Let Retail Property Canterbury CT1 2HX £1,450,000 (£489.53/sq ft)

INVESTMENT HIGHLIGHTS
- Substantial freehold property in prime city centre location
- Scope and preparation for lift installation
- Combined potential income of approx. £130,000 pa
EXECUTIVE SUMMARY
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 Sports Bar and Restaurant know as Wing Kingz, 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.
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 Sports Bar and Restaurant know as Wing Kingz, 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.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Fast Food
Property Size
2,962 sq ft
Costar Property Class
C
Year Built
1903
Price
£1,450,000
Price per sq ft
£489.53
Occupancy Rate
100%
Number of Floors
4
Plot ratio
3.40
Total Plot Size
0.02 ac
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10A Sun St
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