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76 High St 1,620 sq ft Retail Property Hythe CT21 5AL £330,000 (£203.70/sq ft) 6.67% Net Initial Yield
Investment Highlights
- Prominent double-fronted period property on Hythe High Street
- Benefits from good connectivity to Folkestone, the M20, Channel Tunnel and Dover port
- Strong high footfall retail location with national occupiers nearby
- Close proximity to Sandling railway station.
Executive Summary
The ground floor currently benefits from an impending 5 year commercial lease at a rent of £22,000 per annum , featuring built-in flexibility with a tenant break clause and rent review scheduled at the 2.5-year mark, ensuring immediate, stable income with market-aligned growth.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,620 sq ft
Costar Property Class
C
Year Built
1900
Price
£330,000
Price per sq ft
£203.70
Yield
6.67%
NOI
£22,011
Tenancy
Single
Number of Floors
3
Plot ratio
1.26
Total Plot Size
0.03 ac
Frontage
25 ft on High Street
Amenities
- Freeway Visibility
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Nearby Major Retailers
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Videos
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Photos
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Street
Map
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76 High St
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