No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£875,000
Added > 14 days

Commercial development for sale

Westgate
Save
Commercial development
12 bed
0 bath

Property description & features

  • Tenure: Freehold
  • Investors ONLY
  • 5.5% yield
  • Development potential
  • Close to the shops
  • Fully tenanted on AST
  • Great opportunity
CALLING ALL INVESTORS! This later Edwardian property in Westgate is located just 750 yards from the coastline with sandy beaches and currently offers 4 large apartments all let on AST producing a 5.5% annual yield. In addition there is a large garden with potential for either redevelopment or a careful extension to the main building to double the size. Cash buyers only - all planning enquiries to be directed through TDC. Call for more information.

Main Building:

Apartment 1 Ground Floor
Entrance Hallway:
Living Room;
Kitchen/breakfast Room:
Bedroom 1:
Bedroom 2:
Bedroom 3:
Bathroom:
Storage Room:
PRIVATE Gardens:
Parking:

Apartment 2 First Floor
Entrance Hallway:
Living Room:
Kitchen:
Bedroom 1:
Bedroom 2:
Bedroom 3:
Bathroom:
Communal Gardens:
Parking

Apartment 3 First Floor
Entrance Hallway:
Living Room:
Kitchen:
Bedroom 1:
Bedroom 2:
Bedroom 3:
Bathroom:
Communal Gardens:
Parking

Apartment 4 Second Floor
Entrance Hallway with stairs to second floor:
Living Room:
kitchen:
Bedroom 1:
Bedroom 2:
Bedroom 3:
Bathroom:
Communal Gardens:
Parking

NB: The property is owned on one FREEHOLD title with no separate leases, therefore will not be mortgageable in its current set up. Any changes required will be the responsibility of any ingoing buyer.
NO SUBJECT TO PLANNING offers considered.
All apartments have their own EPC rating.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.