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Commercial Property

£400,000

West Street, Faversham

AVAILABLE


Property FEATURES

  • COMMERCIAL INVESTMENT OPPORTUNITY
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Property DESCRIPTION

Invicta Estate Agents are pleased to offer for sale this prime mix of residential and commercial investment.

Lock up shop with basement £10800 pa rent

2 Bed Maisonette £12000 pa

Studio basement flat £7200 pa.

SHOP
Located in the bustling pedestrianised part of West Street, the double fronted lock up shop benefits from a good size basement. Leased until March 2028 with a rent review March 2024 and break cause in 2026.

MAISONETTE
This 2 bed maisonette offers accommodation over 3 floors, benefitting from a huge roof terrace, offering far reaching views of Faversham. We believe that there is great potential to upgrade the maisonette into a top end apartment. Let at £1000 per month on an an AST.

STUDIO FLAT
Recently modernised, this basement studio flat is let at £600 per month on an AST.

Please see floor plans for room layouts.
All information regarding lease and tenancies should be verified by the purchaser's solicitor.

Location
The building is located in the popular pedestrianised West Street of Faversham's busy town centre. Access to the shop is via double doors fronting onto West Street, whilst access to the apartments is via a separate door located in Thomas Road. A public car park is located to the rear, in Thomas Road.
The building is approx. a 5 minute walk to the station, with high speed trains to London.

General
Title: Freehold

Residential Tenancies: AST's

Shop Lease: Ends March 2028

EPC Ratings:
Shop: D Maisonette: E Studio: D




Tenure: Freehold

Property LOCATION

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