3 bed flat for sale in Church Street, Broadstairs (ref: 306929)Shortlist
- Income generating investment!
- Secured retail tenant for further 11 years!
- 2 Flats above included!
- Prime retail position!
*The retail space benefits from a signed rental agreement to a Pharmacy for a further 11 years.
Currently the rent is £19,500.00 per year on the shop until December 2022, a new lease has been agreed to the current Pharmacy at £15,750 per annum from 1st January 2023 for a further 10 years with NO BREAK clause and a upward ONLY rent Review in 5 years.
**Flat 2A let on AST - current rent passing £625 pcm - £7,500 pa
***Flat 2B let on AST - current rent passing £475 pcm - £5,700 pa
Pharmacy EER 68 (D)
Flat A EER 64 (D) EIR 62 (D)
Flat B EER 65 (D) EIR 64 (D)
Stamp Duty Due
Based on a sale price of £495,500 the total amount of stamp duty payable will be:
Last updated: The calculator has been updated following the end of the stamp duty holiday on 1st October 2021.
* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.
Entrance to Apartments
- Status: Under Offer
- Reference: 306929
NOT READY TO SELL YET?
MEET UP WITH ONE OF OUR PROPERTY PROFESSIONALS TO DISCUSS YOUR FUTURE PLANSARRANGE A FREE APPRAISAL