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£260,000

High Street, New Romney, TN28

  • 0 beds
Other
Under offer/SSTC

£260,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£1,187 per month

Minimum deposit amount:

£13,000
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GUIDE PRICE £260,000 Freehold Investment consisting of 2 x Commercial Shops (The 3x Flats above have been sold on 999 year leases)

New Romney is often forgotton by the Kent area, which is crazy because the selection of places to drink, eat and shop are fantastic. From modern locations like Balance Bar, to older style pubs like The Ship Hotel and Cinque Ports Arms. New Romney lies just off the A259, linking it with the beaches of Dymchurch and, further up the coast, with Hythe and Folkestone. There are nine railway stations nearby, including Ashford International railway station, just a 20-minute drive away. From here, you’ll find services to London St Pancras departing every half an hour, with journey times of just 40 minutes.

The ground floor is split into 2 x newly formed and refurbished commercial shops which total 516 sq ft of ground floor space which is currently leased on 2 x FRI leases.

51 High Street
Term - 3 Years
Start Date: 1st October 2023
Rent - £1000 pcm

51a High Street
Term - 5 Years
Start Date - 1st November 2023
Rent - £750pcm

Use: E Use Class

Energy Performance Certificate (Valid until 2033)

51: 34 (B) - Full EPC available upon request.
51: 28 (B) - Full EPC available upon request.

Services: Water, Drainage, Gas and Electricity

Rateable Value: To Be Assessed

Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone. 01303 212020 or [email protected]

SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request)

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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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