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Investment Highlights

  • Freehold with vacant flat allowing for investment income.
  • 4 Parking Spaces
  • Within popular village and has prominent location.

Executive Summary

Reduced offers in the region of £450,000.
Freehold.
The shop / cafe is let for a term until April 2027 at a rent of £900 pcm until 1st June 2026 when it rises to £120,000 pcm.
The flat is currently vacant.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,750 sq ft
Costar Property Class
B
Year Built
1920
Price
£450,000
Price per sq ft
£257.14
Tenancy
Single
Number of Floors
2
Plot ratio
0.11
Total Plot Size
0.35 ac
Parking
4 Spaces (2.29 Spaces per 1,000 sq ft Leased)

Amenities

  • Corner Lot
  • Storage Space
  • Listing ID: 33931536

  • Date on Market: 20/11/2024

  • Last Updated:

  • Address: 28A High St, Otford TN14 5PQ

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