56 High St 386 sq ft Vacant Retail Property Dymchurch TN29 0NL £85,000 (£220.21/sq ft) 7.76% Net Initial Yield

A 386 sq ft commercial unit ideal as an investment. There is one dwelling above which has been sold on a 999 year lease.
Tenancies
Commercial - A lease renewal of 5 years from 18/08/2022 at £6,600 per annum. Lease available upon request.
Use: E Use Class
Energy Performance Certificate: 80 (D) - Full EPC available upon request valid until 2029.
Services: Water, Drainage, Gas and Electricity
Rateable Value: £4,600 (Folkestone and Hythe District Council (2023/2024). Small Business Rates Relief eligible.
Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone.[use Contact Agent Button] or [use Contact Agent Button]
SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).