• Fantastic investment
  • High Street Position
  • 200 Yards to the Beach
  • £24,600 p.a. income
  • 4 separate apartments
  • Freehold Property
  • Close to local Shops
  • Short walk to Train Station
  • Potential to increase
  • Potential to improve

Full Description

Appleton are pleased to offer this extensive freehold block investment situated on the High Street of Herne Bay.The property comprises 3 flats and ground floor shop unit (1 flat let on a long lease of 999 years + and the shop on a 125 yr lease with 115 yrs remaining, current maintenance of £350 p.a. and shop paying 1/6th insurance and repair fees)The remaining 3 units comprise of 2 x ground floor apartments, 1 bedroom first floor apartment with roof garden.Currently Producing 186,00 with potential to increase + shop and top flat maintenance payments giving a very healthy 6.8% return on your investment.Accompanied viewings with Appleton 01843 230657

Flat c (56.19 (184'4"))
1st floor front facing apartment with attractive period arched windows to front and lovely south facing roof garden.
Lounge 4.20m x 3.60m
bedroom 4.20m x 2.47m
shower rm 2.99m x 2.18m
kitchen 3.60m x 2.72m

flat f (49.786 (163'4"))
lounge/
bedroom 4.21m x 3.19m
kitchen . 2.44m x 3.41m
bathroom . 2.79mx 2.10m
cellar 3.52m x 4.23m

flat B (53.5 (175'6"))
Lounge 4.20m x 3.60m
bedroom 3.11m x 2.47m
shower rm 2.99m x 2.18m
kitchen 3.60m x 2.72m

flat E
Lounge 3.55m x 3.04m
bedroom 2.72m x 2.61m
kitchen 3.04m x 1.55m
bathroom 1.52m x 1.48m

Viewing
Please contact us on YOUR BRANCH TEL if you wish to arrange a viewing appointment for this property, or require further information.

Disclaimer
Appleton endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

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