High Street, Hythe, CT21

Property Details: • Type: Shop • Tenure: N/A • Floor Area: N/A

Key Features: • Mixed Use • Retail, Residential and Garages • Freehold Title • £22,980 per annum • 6.57% Yield

Location: • Nearest Station: Sandling Station • Distance to Station: 1.5 miles

Agent Information: • Address: Suite 1-2 Motis Business Centre, Cheriton High Street, Folkestone, Kent, CT19 4QJ

Full Description: Motis Estates are proud to offer two shops, and a 2 x 2 Bedroom Flats with 2 garages at the rear in Hythe High Street. The investment is currently occupied and will be sold with tenants in situ.Situated on the High Street, there are numerous retail outlets such as WH Smiths, Boots, Iceland and several independent shops all in the vicinity in the picturesque Cinque Port Town of Hythe, approximately 4 miles from the Channel Tunnel terminal and Folkestone. The town centre offers a range of Multiple Retailers and banks and enjoys a wide variety of retail outlets and businesses giving a good mixed trading environment. Sandling mainline railway station, the M20 motorway and Ports of Dover and Folkestone are also easily accessed by car.The property is a Grade II Listed Building and has two separate shops on the ground floor with a single glazed frontage and a separate access to the flats on the first and second floor via the courtyard garden to the rear.The ground floor shops benefit from LED strip Lighting with a plasterboard ceiling within the RHS and the LHS benefits from a suspended ceiling with LED panels. To the rear, there is a kitchen area and two w.c's, there is no w.c in the LHS. The first floor flat is a 2 bedroom flat with a living room, bathroom and two bedrooms on one side of the corridor and a kitchen/dining room on the other side of the corridor accessed through the communal area.The second floor flat is a 2 bedroom flat which benefits from a living room, kitchen, two bedrooms and a bathroom. Both benefit from a gas central heating system and are in a good condition. Accommodation:LHS Shop - 20.3 sq mRHS Shop - 55.5 sq mFF Flat - 75 sq mSFF Flat - 79 sq mGarage 1Garage 2Energy Performance Certificate: The property has the following EPC ratings however as the property is Grade II listed, it may be exempt:LHS Shop - UnknownRHS Shop - 42 (B) valid until November 2031FF Flat - 65 (D) valid until January 2032SFF Flat - 70 (C) valid until January 2032Services: Water, Gas, Drainage and ElectricUse: E ClassIncome:LHS Shop - £4,140.00 per annumRHS Shop - £6,000.00 per annumFF Flat - £5,760.00 per annumSFF Flat - £6,360.00 per annumGarage 1 - £720 per annumGarage 2 - Vacant Total: £22,980 per annum Price: Offers in excess of £350,000 (no VAT) Business Rates - Folkestone & Hythe District Council verbally advise a Rateable Value of LHS - £5,700 and RHS of £9,800 therefore both are eligible under Small Business Rates Relief.Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone by calling or e-mailing kris. SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).BrochuresParticulars