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£1,100,000

Sun Street, Canterbury, CT1

  • 0 beds
Other
Under offer/SSTC

£1,100,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£5,022 per month

Minimum deposit amount:

£55,000
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A unique and exciting opportunity to acquire a freehold commercial premises being sold with vacant possession offered for sale for the first time since 1935. The building benefits from a prime central position within the Old City walls, directly opposite Christ Church gates and Canterbury Cathedral entrance, where it enjoys a prominent trading position with exceptionally high footfall.

Having been rebuilt in the 19th Century following a fire in 1865 which destroyed the previous structure, the building now provides 4474 sq ft (416 sq m) of retail/office space arranged over four floors as well as a basement level. The property was most recently let to Canterbury City Council as a Tourist Information Centre and offers potential for a variety of uses. The property is being offered for sale with the benefit of approved planning permission for the change of use of the first, second and third floors from office to dwelling. The building also benefits from a passenger lift to first floor level.

Further information is available on the Canterbury City Council website; www.canterbury.gov.uk/planning under reference CA/21/02556.

Location

Sun Street is a highly desirable pedestrianised street within the heart of the Old City walls and immediately opposite Christ Church gates and Canterbury Cathedral, which forms part of a World Heritage Site. The location is convenient for access to Canterbury West mainline railway station (0.5 of miles distant) as well as Canterbury bus station (0.3 miles distant). Canterbury also offers a wealth of cultural and leisure amenities including the recently reconstructed Marlowe Theatre, bars, highly regarded restaurants and a major shopping centre enjoying a range of mainstream retail outlets as well as many individual shops. Canterbury provides easy access to the A2/M2 and subsequent motorway network and the mainline railway stations offer fast and frequent services to London Victoria (approximately 95mins), and high speed links from Canterbury West to London St Pancras (approximately 56 mins).

The approximate areas are:

Ground Floor

Retail Zone A

50.16m

Retail Zone B

31.3m

First Floor

Retail Area

67.4m

Second Floor

Offices

60.5m

Third Floor

Offices

41.1m

Basement

Basement Internal Storage

53.4m

Video Tour

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Rateable Values

According to the Valuation Office Agency website the property's current description is 'Restaurant & Premises' and the Rateable Value is currently ?88,000. For more information please visit GOV.UK

Tenure

Freehold with vacant possession on completion.

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Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£51,250
Mortgage and legal costs:
£999
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