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38 High St 1,431 sq ft Retail Property Hythe CT21 5AT £400,000 (£279.52/sq ft) 9% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Town centre location
- Neighboured by convenience stores, restaurants and cafes
- Good passing traffic and footfall
EXECUTIVE SUMMARY
Grade II Listed Building with a Restaurant with a Maisonette.
An opportunity to purchase a restaurant and a large maisonette above with a separate entrance. There is a large garden to the rear with an entrance from Chapel Street.
An opportunity to purchase a restaurant and a large maisonette above with a separate entrance. There is a large garden to the rear with an entrance from Chapel Street.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
1,431 sq ft
Costar Property Class
B
Year Built
1900
Price
£400,000
Price per sq ft
£279.52
Yield
9%
NOI
£36,000
Tenancy
Single
Number of Floors
1
Plot ratio
0.72
Total Plot Size
0.05 ac
AMENITIES
- Signage
1 1
NEARBY MAJOR RETAILERS
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38 High St
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