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.
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Stamp Duty Due
Based on a sale price of £495,500 the total amount of stamp duty payable will be:
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Last updated: The calculator has been updated following the end of the stamp duty holiday on 1st October 2021.