For Sale 0 Bedroom 0 Bathroom 0 Reception £305,000

High Street, Hythe, CT21 - £305,000

DESCRIPTION
24-28 High Street provides an exciting investment opportunity. The three ground floor commercial units have been sold on long leases as have the two second floor flats which generate ground rents for the benefit of the freeholder.

The first floor premises totals approximately 1199 square feet and comprises a number of adjoining offices with associated kitchenettes and shower room which currently generate an annual rental income of £21,600. There is the potential to divide the offices to create two office suites as there are entrances from both the High Street and the car park to the rear which is accessed from Chapel Street. There is also considerable scope to create two very comfortable residential units (subject to all necessary consents and approvals being obtained).

To the rear of the building is a communal car park, accessed from Chapel Street, where the first floor premises benefit from three allocated parking spaces, quite a rarity in this prime central location. EPC Rating Band C.

SITUATION
Situated towards the eastern end of Hythe's thriving and bustling High Street, on the section of the road which is unpedestrianised all day, 24-28 High Street enjoys a prime position with many independent traders nearby together with a number of national business names such Costa Coffee, Aldi, WH Smiths etc.

The area is fortunate in having particularly good communications with a main line railway station in Saltwood (Sandling - 3 miles) and access to the M20 (Junction 11 - 4 miles). The High Speed Link rail service to Stratford and St Pancras is available from Folkestone West (5 miles) and Ashford International (10 miles), with journey times of 53 and 37 minutes respectively. Eurostar trains to Paris and Brussels also depart from the latter. The Channel Tunnel Terminal is around 3 miles away and the ferry port of Dover is 12 miles away. (All distances are approximate.)
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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.