77 High St - Storefront Retail/Residential FOR SALE


New Romney, KEN TN28 8AZ
$449,000 USD
77 High St, New Romney, KEN for Sale
$449,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | 6.24% Cap Rate

77 High St
New Romney, KEN TN28 8AZ


HIGHLIGHTS

  • Fully let investment opportunity
  • Well performing business
  • High street location

OVERVIEW

This property is being sold as an investment with the tenant business unaffected. A spacious commercial retail premises with a 3 bedroom flat above in a prominent location on New Romney High Street. The shop is currently let and benefits from a corner position with large display windows to 2 sides. There are also 3 store rooms, a kitchenette and a wc. To the rear of the property is a courtyard area providing off road parking. The flat above the shop was refurbished in 2022 and is also currently let. The flat is access via an external staircase to the rear and the accommodation comprises an entrance hall, living room, kitchen, bathroom, en suite shower room and 3 bedrooms. The flat also benefits from double glazing, gas central heating and a roof terrace garden.

FOR SALE DETAILS

PRICE

$449,000 USD

PRICE/SF

$299 USD /SF

CAP RATE

6.24%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,798 SF

ZONING

-

APN/PARCEL ID

K248493

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