£495,500

Commercial property 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 let out to a pharmacy taking 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 for a further 11 years.
*First floor flat let on AST - current rent passing £625 pcm - £7,500 pa
*Second floor flat let on AST - current rent passing £475 pcm - £5,700 pa

EPCs:

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 calculators have been updated following the end of the stamp duty holiday on 30th June 2021. Until the end of September 2021, it represents a staggered return to previous rates.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Property Images

Commercial property for sale in Church Street, Broadstairs 0

Photo 2

Further Details

  • Status: Available
  • Reference: 306929

Location

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