Commercial property for sale in Church Street, St Peters, CT10 (ref: 249174)

This amazing investment opportunity in St Peters, Broadstairs, is a three storey building currently let out as a pharmacy with two self contained residential flats above, Situated on a prominent corner site in the heart of the local trading area of St Peters. Currently producing an annual income of £32,700 pa reflecting an initial yield of @ 6.5%

Details:

Ground floor, basement & yard let on 20 years’ fr&I lease from 31st December 2002 - current rent passing £19,500 pa

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)