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Hurricane Way - Terlingham Forum 750 sq ft Retail Unit Offered at £200,000 in Hawkinge CT18 7SU
Investment Highlights
- STYLISH MODERN CAFE AS TENANT
- INVESTMENT
- EXCLUSIVE USE IN DEVELOPMENT
Executive Summary
There is ample parking for both staff and customer within the scheme which is situated just off Spitfire Way, A260 Folkestone to Canterbury Road. There is no other café in the development.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| Net Initial Yield | 6.00% |
| Sale Type | Investment |
| Net Initial Yield | 6.00% |
| Tenure | Long Leasehold |
Description
The development comprises of four blocks containing ground floor retail space and twelve flats on the two upper floors of each block. The area benefits from excellent prominence being centrally located for access from the business park, residential areas and primary school with further development to the rear. The block which the café resides in is of contemporary design with modern materials used. The shop has a full height front window and a designated signage area which can be seen from the road. There is access from the side and seating to the front. The café is fully fitted and includes a double oven, fridge, freezer, chiller, dishwasher and coffee machine. A full inventory is available upon request.
Sale Notes
A new one is pending.
Lease £12,000 per annum + VAT
Rent Review: September 2027
Lease Term: 7 Years from 1st August 2025
Current business unaffected.
Price: £200,000 plus VAT
Yield: 6%
Tenure: Leasehold
Lease £12,000 per annum + VAT
Rent Review: September 2027
Lease Term: 7 Years from 1st August 2025
Current business unaffected.
Price: £200,000 plus VAT
Yield: 6%
Tenure: Leasehold
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit Unit 4 | 750 sq ft | Retail | £200,000 (£266.67/sq ft) | £12,000 |
Unit Unit 4
| Unit Size |
| 750 sq ft |
| Unit Use |
| Retail |
| Price |
| £200,000 (£266.67/sq ft) |
| NOI |
| £12,000 |
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Unit Unit 4
| Unit Size | 750 sq ft |
| Unit Use | Retail |
| Price | £200,000 (£266.67/sq ft) |
| NOI | £12,000 |
| Sale Type | Investment |
| Net Initial Yield | 6.00% |
| Tenure | Long Leasehold |
| Description | |
| The development comprises of four blocks containing ground floor retail space and twelve flats on the two upper floors of each block. The area benefits from excellent prominence being centrally located for access from the business park, residential areas and primary school with further development to the rear. The block which the café resides in is of contemporary design with modern materials used. The shop has a full height front window and a designated signage area which can be seen from the road. There is access from the side and seating to the front. The café is fully fitted and includes a double oven, fridge, freezer, chiller, dishwasher and coffee machine. A full inventory is available upon request.</li></ul> | |
| Sale Notes | |
| A new one is pending.<br> <br> Lease £12,000 per annum + VAT<br> Rent Review: September 2027<br> Lease Term: 7 Years from 1st August 2025<br> <br> Current business unaffected.<br> <br> Price: £200,000 plus VAT<br> <br> Yield: 6%<br> <br> Tenure: Leasehold</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 6,225 sq ft | Typical Floor Size | 2,350 sq ft |
| Property Type | Retail (Unit) | Year Built | 2015 |
| Property Subtype | Shopfront Retail / Residential | Total Plot Size | 22.18 ac |
| Costar Property Class | B | Parking Allocation | 1.61/1,000 sq ft |
| Floors | 3 |
| Total Property Size | 6,225 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 2,350 sq ft |
| Year Built | 2015 |
| Total Plot Size | 22.18 ac |
| Parking Allocation | 1.61/1,000 sq ft |
Amenities
- Restaurant
- EPC - A
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Hurricane Way - Terlingham Forum
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