£495,500

3 bed flat for sale in Church Street, Broadstairs (ref: 306929)

Shortlist

Key Features

  • Income generating investment!
  • Secured retail tenant for further 11 years!
  • 2 Flats above included!
  • Prime retail position!
A fantastic income generating investment opportunity in St Peters, Broadstairs, consisting of a three-storey building - currently the Pharmacy takes up the ground floor, basement and yard with two self-contained residential duplex apartments above. The property is situated on a prominent corner site in the heart of the local trading area of St Peters, with 11 years remaining to the current lessee.

*The retail space benefits from a signed rental agreement to a Pharmacy , a new lease was 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 £750.00 pcm. **Flat 2B let on AST - current rent passing £525.00 pcm.

EPCs: Pharmacy EER 68 (D) Flat A EER 64 (D) EIR 62 (D) Flat B EER 65 (D) EIR 64 (D)

Identification checks:
Should a purchaser(s) have an offer accepted on a property marketed by Henderson Setterfield, prior to a sales memorandum being issued they will need to undertake an identification check.
This is required to meet our legal obligations under Anti Money Laundering Regulations (AML).

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.

Property Images

3 bed flat for sale in Church Street, Broadstairs 0

Pharmacy

3 bed flat for sale in Church Street, Broadstairs 1

Entrance to Apartments

Further Details

  • Status: Available
  • Reference: 306929

Location

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