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EE Rating
Total views:  1886
Guide price
£365,000

Property for sale

Mortimer Street, Herne Bay
Auction
Property
3 beds
2863
EPC rating: D
Added > 14 days

Features and description

  • Freehold commercial property in a prime town centre location
  • For Sale by modern method of auction
  • Situated on Mortimer Street, a high-footfall area in the heart of Herne Bay
  • Current Use C3
  • Spacious ground floor retail area ideal for a variety of business uses
  • Planning permission granted for residential flats above
  • Strong opportunity for mixed-use development and long-term rental income
  • Surrounded by local shops, cafes, and amenities – great visibility and accessibility
  • Suitable for owner-occupiers, investors, or developers
  • Call Now For A Viewing!
An exciting opportunity to purchase a prominent freehold commercial unit situated in the heart of Mortimer Street, Herne Bay.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

This spacious ground floor premises offers excellent potential for a range of commercial uses, including retail, food service, or professional services. The unit benefits from a generous shop front area with strong visibility and footfall, as well as additional rooms to the rear that currently house commercial refrigeration units.

In addition to its prime location and versatile layout, the property also comes with the significant advantage of granted planning permission for residential flats above, offering excellent development potential and scope for long-term investment returns.

Whether you're a business owner looking for a high-profile site, or a developer seeking a mixed-use investment opportunity, this property presents strong potential in a sought-after coastal town.

For further information or to arrange a viewing, contact Zest Homes Commercial today.

Auctioneers Comments: - This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Planning - ReferenceCA/19/10205
Application ValidatedTue 03 Dec 2019
AddressDwelling Accommodation 118 Mortimer Street Herne Bay Kent CT6 5EB
ProposalChange of use of first and second floors to form 2 no. flats together with second floor rear extension and alterations to shopfront.
StatusDecided
DecisionGRANTED
Decision Issued DateFri 22 May 2020

Use A1 / A2 - We believe the current class of business use is 'C3'. Interested parties are advised to seek clarification of permitted use from the local authority.

Use: A1/A2 Retail / Financial and Professional Services

Commercial Current Epc Rating D (99) -

Floorplan Clause - Please Note: Floor plan measurements provided in our marketing materials may differ from those stated in the EPC (Energy Performance Certificate). While EPCs include all floor areas, including circulation and non-habitable spaces, our measurements reflect only the main living areas to give a clearer representation of usable space.

Property information from this agent

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Area statistics

Crime score
High crime
10/10

About this agent

Zest Sales & Lettings - Herne Bay
Zest Sales & Lettings - Herne Bay
Herne Bay, Kent CT6
01227 319742
Full profileProperty listings
Thank you for visiting Zest Homes we are based in Herne Bay covering the South East Kent areas. Our 5* Google Reviews show we are passionate about great service, quality experiences and smooth transactions. Zest Homes offer many services and sales, all areas of lettings, referring you to superb mortgage and conveyancing specialists. Michelle Reilly the managing director of Zest Homes has been in the business since 1995, you are in safe hands knowing the level experience Michelle has and being registered and qualified with Propertymark ARLA & NAEA means we follow a code of conduct. The team at Zest Homes are available to discuss your needs.
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