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No longer on the market

This property is no longer on the market

Retail property (high street)

Auction
Sold STC
Retail property (high street)
2012
Added > 14 days

Features and description

  • Business opportunity
  • Self contained residential unit
  • Scope for expansion
  • Positioned a short step away from the beach
  • Viewing is highly recommended
  • Potential for either expansion or redevelopment (STPP)
*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction this business opportunity with self-contained residential unit, existing business with scope for expansion or redevelopment into several units, longstanding business.

The property, business, equipment and stock at value is available for sale on a freehold basis.

Positioned a short step away from the beach this longstanding and popular business offers tremendous potential for either expansion or redevelopment of the extensive premises.

We understand that the current owner is willing to include the benefit of the existing business, sale of beach goods, ice-cream etc. within the freehold sale and we are told that this provides a good seasonal turnover with healthy net profit – we have been unable to verify the business viability and advise all interested parties to seek further independent confirmation.

The current arrangement may suit someone looking for a business with living accommodation above or investor looking to further exploit the potential on offer.

Alternatively, as a multi-functional premises, subject to the necessary change of licensing, opportunity may exist for a Take-Away, Airbnb, holiday home by the sea (literally steps from the sand, sea and shops).

Viewing is highly recommended – strictly by appointment, to fully appreciate the full scope of this property.

Please note we have not inspected this property.

Rooms

Location
Situated within the very centre of Dymchurch, this popular coastal resort attracts thousands of visitors, positioned in arguably the best location with direct sea views from the upper balcony, and with an excellent trading position directly opposite the main entrance to the beach. Dymchurch attracts thousands of holidaymakers, tourists, day-trippers daily and, being so close to other attractions, makes it an extremely desirable location. There is huge expansion and growth in the area which will attract even more footfall to the village.

Accommodation
Built over three floors, basement storage fronting the main road, ground floor trading area with frontage onto the beach slip-way and upper residential use over two floors currently allowing for a generous two bedroom, two bathrooms apartment. Further space exists on the upper floors – currently used as storage, to convert into an additional residential unit with approved plans available for consideration. In addition to the business premises the upper floors provide for a generous sized self-contained two bedroomed apartment with large balcony having sea views, we understand that this has been successfully rented out providing an income of £14,400/pa. Further storage space also exists at this level with potential for an additional flat.

Tenure
Freehold. Title number K600956.

Rateable Value
The current rateable value is £10,250 (1 April 2023 to present). Sourced from VOA.

EPC
Shop: We are awaiting a copy of the energy performance certificate. Flat: Rating D (available upon request).

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About this agent

Pattinson - Commercial
Pattinson - Commercial
2 Hill Street, Gateshead Tyne and Wear NE8 2AS
0191 392 0913
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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