GREAT FREEHOLD INVESTMENT OPPORTUNITY IN PRIME HIGH STREET BROADSTAIRS LOCATION
Located at the sea end of Broadstairs High Street, next to the Post Office and opposite Boots is this mixed commercial and residential freehold investment property which offers great potential whilst currently producing an income. The ground floor and basement are currently let to franchisees operating as 'Stack Sandwich Shop' on a 12 year commercial lease from July 2012. We have been advised by the vendors that the shop tenants currently pay £1,295 per month (£15,540 per annum). Arranged over the upper two floors with private access via Raglan Place is a substantial well presented self-contained three bedroom maisonette which is currently vacant and could be suitable for owner occupation, rental or holiday lets.
GROUND FLOOR & BASEMENT
Currently let on a 12 year commercial lease from July 2012 at a current annual rent of £15,540. The current tenants operate as a Stacked Sandwich Shop franchise.
SEPARATE SELF CONTAINED MAISONETTE
Private front door at ground floor level with access from Raglan Place. Entrance lobby with meters. Stairs leading to first floor level and feature port-hole window.
Radiator. Doors to lounge, kitchen, bedroom one and bathroom.
4.56m x 3.36m narrowing to 2.99m (15' 0" x 11' 0" narrowing to 9' 10'') Raised feature bay window to front with a partial distant sea view. Feature fire surround. Coved ceiling, picture rail. Two radiators, television point. Carpet flooring.
4.15m into bay x 3.58m (13' 7" into bay x 11' 9") Double glazed bay window to rear. Range of fitted units. Stainless steel sink unit inset to roll edge work surface area. Built in electric oven and gas hob. Space for fridge-freezer. Built-in storage cupboard with shelves. Further fitted shelves to recess. Cast iron fireplace with surround. Vinyl flooring.
3.76m x 3.17m (12' 4" x 10' 5") 3.76m x 3.17m (12' 4" x 10' 5") Bay window to side and further window to front. Radiator. Picture rail. Fitted carpet.
Fitted with white suite comprising panelled bath with shower and screen over, pedestal wash hand basin and low level w.c. Obscure glazed window to rear. Chrome ladder-style towel rail radiator. Vinyl flooring.
SECOND FLOOR LANDING
Feature window to side. Galleried landing with ballustrade. Large eaves storage cupboard housing boiler.
WALK-IN DRESSING ROOM/STORAGE
2.31m x 1.90m (7' 7" x 6' 3") With radiator and light. Fitted carpet.
3.72m x 2.73m (12' 2" x 8' 11") 3.72m max into bay narrowing to 2.73m x 3.58m (12' 2" max into bay narrowing to 8' 11" x 11'9) Double glazed window to front. Ornamental fireplace. Radiator. Fitted carpet. Built-in cupboard.
3.99m x 3.06m (13' 1" x 10' 0") Double glazed window to rear with roof-top views. Ornamental cast-iron fireplace. Radiator. Fitted carpet.