27-31 High Street, Whitstable, KENT, CT5 1AP
Size
3,252
Tenure
Freehold
EPC
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Parking
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- Primary use
- High street retail
- Frontage
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No floor / site plan
Key features
- Guide Price: £1,000,000
- Current rental income: £65,000 per annum
- Net initial yield: 6.1% after usual costs
- Let to Greggs Plc
- 10-year Full Repairing & Insuring (FRI) lease
- Open Market Rent Review at the end of Year 5
- Prominent High Street position
Description
The property occupies a prominent position on Whitstable High Street, benefiting from excellent visibility and strong pedestrian footfall.
The property is occupied by Greggs Plc under a 10-year Full Repairing & Insuring (FRI) lease at a current rent of £65,000 per annum.
The lease provides for an Open Market Rent Review at the end of Year 5, together with a tenant-only break option at the same point.
The property is held on a 999-year leasehold interest at a peppercorn rent.
The investment provides an established rental income from a recognised national occupier and benefits from a prominent High Street position within a popular seaside town.
Guide Price: £1,000,000.
Purchasers should satisfy themselves as to the accuracy of the information provided. All details are subject to contract.
Location
Whitstable is a popular seaside town on the north Kent coast, known for its independent shops, restaurants and strong visitor economy.
The property occupies a prominent position on Whitstable High Street, benefiting from excellent visibility and strong pedestrian footfall.
Whitstable provides regular rail services to London St Pancras and London Victoria and attracts significant year-round tourism and retail activity.
Planning Use
Retail
EPC
Full details available upon request
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
27-31 High Street, Whitstable, KENT, CT5 1AP
About Azure Property Consultants Ltd, Kent
Based in the heart of Whitstable, Azure Property Consultants has been delivering expert property services across Kent and the UK since 2003. As an RICS-regulated firm, we specialise in commercial agency, investment advice, asset and block management, and lettings — managing over 500 tenancies and £80m in assets nationwide. Our experienced team combines local knowledge with a personal, results-driven approach to help you achieve your property goals with confidence.
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Disclaimer - Property reference 2FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Azure Property Consultants Ltd, Kent. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.