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Our Summary
- For sale by public auction Guide Price £350,000+ The property will be sold by public auction on 8th May at 12:00am Legal Documents For a complete view of the legal documents, please download the legal pack from our website
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Description
The property is a three-storey mid-terraced mixed-use building. It comprises a ground floor retail unit, a one-bedroom flat above the shop, and a three-bedroom flat on the first and second floors. The commercial unit is let on a 5-year FRI lease from 2025, while the residential flats are let on guaranteed rent agreements, producing a combined annual income of £37,200.
The building has a rear garage and is located on High Street in the heart of Hythe, a popular coastal town in Kent, with nearby transport links to Folkestone and the wider rail network.