High Street, Hythe 4 bed apartment for sale

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High Street, Hythe 4 bed apartment for sale

High Street, Hythe
£665,000

Our Summary

  • *MIXED USE INVESTMENT OPPORTUNITY* - 3-storey character building in a prominent corner position in Hythe, offering two commercial units and two residential maisonettes
  • Full Description - *MIXED USE INVESTMENT OPPORTUNITY*The property is about 300 years old and has many character features
  • *MIXED USE INVESTMENT OPPORTUNITY*
  • *mixed use investment opportunity*

Description

This is a unique mixed-use investment opportunity in Hythe, Kent, comprising a 3-storey character building with two commercial units and two residential maisonettes. The property has a rich history, dating back 300 years, and features a prominent corner position at the junction of the High Street and Chapel Street. The commercial units are let to a convenience store and a dog groomers, generating annual rents of £15,000 and £6,000, respectively. The two maisonettes, Flat A and Flat B, offer two-bedroom accommodation and are let and vacant, respectively. The property offers a range of investment opportunities, including purchasing the freehold with three let properties, or purchasing the freehold and granting a 999-year lease on the vacant maisonette. The property is available for £665,000 or £465,000, depending on the option chosen.