Lot 79 - Period City Commercial And Residential Freehold Investment
Address
12 Whitstable Road, Canterbury, Kent, CT2 8DQ, England
Auction date
24 Jul 2025
Guide price
£350,000
Type
Commercial
Tenure
Freehold
EPC Rating
B
Auctioneer
Clive Emson
Description
A period freehold property located at the junction of Whitstable Road and Forty Acres Road, combining a ground floor retail space and two residential flats. The shop has a longstanding tenant, while the flats are rented under Assured Shorthold Tenancy Agreements.
A spacious double-fronted shop featuring a main retail area, storage area, and W.C. Currently let on a five-year lease starting November 1, 2021, with a rental income of £560 per month.
Both flats have gas heating and the ground floor flat offers an open-plan living area, a shower room, and a kitchen, leased for £750 monthly. The first-floor flat includes a landing, living room, two bedrooms, and a bathroom, generating £1,150 in rent.
The first-floor flat is arranged as a student let, and vacant possession is anticipated upon completion.
Commercial: B (50); Flat 12A: C; Flat 12B: D.
Last update: 20 Jul 2025
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