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Sea St - Jo Cottage & Cable Cottage 530 - 586 sq ft Retail Units Offered at £350,000 Per Unit in Whitstable CT5 1AQ
Investment Highlights
- Located in the Heart of Central Whitstable
- Whitstable Station 0.8 Miles
- Moments from Beach, Shops & Station
- Off Street Parking
Executive Summary
Sea Street lies in the heart of central Whitstable, a short stroll from the vibrant High Street and charming Harbour Street, which boast an array of boutique shops, restaurants and delicatessens. Just moments from the town centre you can meander through the town’s historic alleyways leading to Whitstable’s beautiful coastline and working harbour with fish market. Located between Whitstable and Tankerton is Whitstable Castle which is a popular attraction offering a wide range of social and cultural events along with its now celebrated ‘Regency’ style gardens. A short stroll up Tower Hill will take you to Tankerton slopes and the Castle Tea Gardens where you can enjoy stunning sea views over Whitstable Bay and the Isle of Sheppey. Mainline railway services are available at Whitstable station (0.5 of a mile distant), offering fast and frequent services to London (Victoria approximately 80mins) with high speed links to London St Pancras (approximately 73mins) and the A299 is also easily accessible linking with the A2/ M2 providing access to the channel ports and subsequent motorway network.
2 Units Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Net Initial Yield | 8.95% |
| Sale Type | Investment |
| Net Initial Yield | 8.95% |
| Tenure | Freehold |
| Sale Type | Investment | Tenure | Freehold |
| Net Initial Yield | 7.75% |
| Sale Type | Investment |
| Net Initial Yield | 7.75% |
| Tenure | Freehold |
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit Cable | 530 sq ft | Retail | £350,000 (£660.38/sq ft) | £31,317.09 |
| Unit Jo Cottage | 586 sq ft | Retail | £350,000 (£597.27/sq ft) | £27,111.06 |
Unit Cable
| Unit Size |
| 530 sq ft |
| Unit Use |
| Retail |
| Price |
| £350,000 (£660.38/sq ft) |
| NOI |
| £31,317.09 |
Unit Jo Cottage
| Unit Size |
| 586 sq ft |
| Unit Use |
| Retail |
| Price |
| £350,000 (£597.27/sq ft) |
| NOI |
| £27,111.06 |
Unit Cable
| Unit Size | 530 sq ft |
| Unit Use | Retail |
| Price | £350,000 (£660.38/sq ft) |
| NOI | £31,317.09 |
| Sale Type | Investment |
| Net Initial Yield | 8.95% |
| Tenure | Freehold |
| Description | |
| Cable Cottage offers bright and spacious accommodation finished to a high specification throughout and is arranged to provide an entrance hall, two double bedrooms and two shower rooms (one ensuite). To the front of the property there is an undercroft parking space with a charging point for an electric vehicle. No onward chain.</li></ul> | |
| Sale Notes | |
| Gross revenue from holiday lettings for the period between 23/06/2024 and 23/06/2025 was £31.317.09 and there is scope to increase occupancy rates.</li></ul> |
Unit Jo Cottage
| Unit Size | 586 sq ft |
| Unit Use | Retail |
| Price | £350,000 (£597.27/sq ft) |
| NOI | £27,111.06 |
| Sale Type | Investment |
| Net Initial Yield | 7.75% |
| Tenure | Freehold |
| Description | |
| Jo Cottage provides bright and spacious accommodation finished to a high specification throughout and is arranged to provide an entrance hall, two double bedrooms and two en-suite shower rooms. To the front of the property there is an undercroft parking space with a charging point for an electric vehicle. No onward chain.</li></ul> | |
| Sale Notes | |
| Gross revenue from holiday lettings for the period between 23/06/2024 and 23/06/2025 was £27,111.06 and there is scope to increase occupancy rates.</li></ul> |
Property Facts
| Total Property Size | 1,116 sq ft | Floors | 3 |
| Property Type | Hospitality | Typical Floor Size | 400 sq ft |
| Property Subtype | Serviced Apartment | Year Built | 2021 |
| Costar Property Class | B | Total Plot Size | 0.02 ac |
| Total Property Size | 1,116 sq ft |
| Property Type | Hospitality |
| Property Subtype | Serviced Apartment |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 400 sq ft |
| Year Built | 2021 |
| Total Plot Size | 0.02 ac |
Room Mix Information
| Description | No. Rooms | Daily Rate | sq ft |
|---|---|---|---|
| Suite | 4 | - | - |
| Guest Room | 4 | - | - |
Presented by
Sea St - Jo Cottage & Cable Cottage
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