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51-51A High St 258 sq ft Retail Unit Offered at £125,000 in New Romney TN28 8AH
INVESTMENT HIGHLIGHTS
- High Street location
- Located on well-connected A259
- Rail services into central London
EXECUTIVE SUMMARY
ew Romney lies just off the A259, linking it with the beaches of Dymchurch and, further up the coast, with Hythe and Folkestone. There are nine railway stations nearby, including Ashford International railway station, just a 20-minute drive away.
PROPERTY FACTS Sale Pending
| Total Property Size | 516 sq ft | Floors | 2 |
| Property Type | Retail (Unit) | Typical Floor Size | 258 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 2024 |
| Costar Property Class | B | Total Plot Size | 0.07 ac |
| Total Property Size | 516 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 258 sq ft |
| Year Built | 2024 |
| Total Plot Size | 0.07 ac |
AMENITIES
- Signage
1 UNIT AVAILABLE
Unit 51A
| Unit Size | 258 sq ft | Sale Type | Investment |
| Price | £125,000 | Tenure | Long Leasehold |
| Price Per sq ft | £484.50 | Net Initial Yield | 7.20% |
| Unit Use | Retail | NOI | £9,000 |
| Unit Size | 258 sq ft |
| Price | £125,000 |
| Price Per sq ft | £484.50 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Net Initial Yield | 7.20% |
| NOI | £9,000 |
DESCRIPTION
The ground floor is split into 2 x newly formed and refurbished commercial shops which total 516 sq ft of ground floor space.
SALE NOTES
Currently leased on 2 x FRI leases and can be bought as one investment or individually.
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NEARBY MAJOR RETAILERS
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51-51A High St
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