6A New St - Storefront Retail/Office FOR SALE


Herne Bay, KEN CT6 5AH
$200,000 USD
6A New St, Herne Bay, KEN for Sale
$200,000 USD
Storefront Retail/Office - FOR SALE
1/1
null | 7.5% Cap Rate

6A New St
Herne Bay, KEN CT6 5AH


HIGHLIGHTS

  • Currently let at £12,000 pa.
  • Versatile use.
  • Scope for expansion.

OVERVIEW

Commercial investment opportunity in Herne Bay. Property comprises a 1,500 sqft building over ground and first floors, presently tenanted to a small independent gym operator. Current annual rent received £12,000 per annum. Lease is an annual agreement.There may be scope to increase the sizeof the commercial area or add another floor that is residential STPP. Alternatively with a full change of use the entire building might be suitable for conversion to residential or office use, as it is clearly a very unique space.

FOR SALE DETAILS

PRICE

$200,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1906

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,549 SF

ZONING

-

APN/PARCEL ID

K71056

ASK ABOUT THIS PROPERTY

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