Comprises a mid-terrace mixed use period building arranged on ground, first and second floors. The ground floor, which is to be offered with vacant possession is currently trading as a café with kitchen and preparation facilities to the rear. The upper parts provide a three bedroom self-contained flat accessed via the rear which is currently let upon an AST (Assured Shorthold Tenancy). Externally there is a small yard area with shared access and storage unit. We are advised that the building is Grade II listed.
Hythe is a coastal town in East Kent approximately 14 miles from the port of Dover, 15 miles from Ashford International Railway Station and less than 4 miles from the Euro Tunnel. The subject property is located in a central position on the High Street at the junction with Theatre Street. Occupiers in close proximity include WHSmith, Costa Coffee, Demelza, Sue Ryder Foundation and a wide variety of independent retail and catering establishments.
The property is to be offered with vacant possession of the ground floor shop/café premises. The first and second floor residential unit is currently sublet upon an AST at a rental of £9,600 per annum exclusive. Price – £300,000 (Three Hundred Thousand Pounds), subject to the existing Shorthold Tenancy upon the residential upper part.