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22, 22A & 20-22 22 King St 1,497 sq ft 100% Let Retail Property Sandwich CT13 9BT £385,000 (£257.18/sq ft) 7.49% Net Initial Yield
Investment Highlights
- Sandwich is a historic market town situated within the Dover district of Kent, positioned on the River Stour
- The town benefits from strong road connectivity via the A256, providing direct access to the A2 and wider motorway network
- The property occupies a prominent position within one of the town’s main retail thoroughfares, surrounded by a mix of established independents
Executive Summary
Freehold
Two ground floor retail units & 2 bed flat with a large terrace
Attractive income growth potential
Offers invited in the region of £385,000, reflective of a N.I.Y. of 7.49%
Two ground floor retail units & 2 bed flat with a large terrace
Attractive income growth potential
Offers invited in the region of £385,000, reflective of a N.I.Y. of 7.49%
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,497 sq ft
Costar Property Class
C
Year Built
1980
Price
£385,000
Price per sq ft
£257.18
Yield
7.49%
NOI
£28,837
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.35
Total Plot Size
0.03 ac
Frontage
18 ft on King Street
Amenities
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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22, 22A & 20-22 | 22 King St
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