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High Street, Hythe, CT21

£400,000

£199.50 per sq ft

Business rates & charges may apply

Motis Estates Limited, Folkestone
SIZE AVAILABLE

2,005 sq ft

186 sq m

SECTOR

Restaurant for sale

Key features

  • Restaurant
  • Living Accomodation
  • High Street Address
  • Garden and Rear Access
  • 9% Yield

Description

Motis Estates are proud to offer a shop and a 2 Bedroom Flat with a further two rooms on the second floor in Hythe High Street. The property is currently occupied by a restaurant which utilises the kitchen for their personal use. There is a large garden to the rear which has been maintained to a good standard.

The property is a Grade II Listed Building and has a large single glazed frontage, the property benefits from LED spot Lighting within a plasterboard ceiling with timber beams. To the rear, there is a kitchen area and customer w.c's. There is also a basement ideal for storage, there is limited head height. There is a large court yard area which leads to Chapel Street and is ideal for rear deliveries.

Situated on the High Street, there are numerous retail outlets such as WH Smiths, Boots, Iceland and several independent shops all in the vicinity in the picturesque Cinque Port Town of Hythe, approximately 4 miles from the Channel Tunnel terminal and Folkestone. The town centre offers a range of Multiple Retailers and banks and enjoys a wide variety of retail outlets and businesses giving a good mixed trading environment. Sandling mainline railway station, the M20 motorway and Ports of Dover and Folkestone are also easily accessed by car.

Commercial
Restaurant 118.10 sq m 1271 sq ft
Kitchen 14.89 sq m 160 sq ft

Residential
First Floor
Store 18.10 sq m 195 sq ft
Bedroom 11.16 sq m 120 sq ft
Bathroom 4.80 sq m 52 sq ft

Second Floor
Room 7.53 sq m 81 sq ft
Room 7.54 sq m 81 sq ft
Bathroom 4.26 sq m 46 sq ft

Total 186.37 sq m 2005 sq ft

There is also a 2 bedroom flat which consists of an open plan living room, two bedrooms, bathroom and a store on the first floor. On the second floor, there are two further rooms and a bathroom. The kitchen from the restaurant is currently being used by the tenants. There is a separate entrance to the flat from High Street, Hythe.

Energy Performance Certificate: The property has no EPC rating however as the property is Grade II listed, it will be exempt.

Services: Water, Drainage and Electric (Motis Estates are under the instruction that tenants will need to find their own supplier).

Use: E Class

Terms - The rental is £36,000 per annum (no VAT) with a lease term of 5 years from 28th September 2021.

Business Rates - Folkestone & Hythe District Council verbally advise a Rateable Value - £18,250

Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone by calling or e-mailing

SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).

Brochures

High Street, Hythe, CT21

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sandling Station1.5 miles
  • Westenhanger Station2.5 miles
  • Channel Tunnel Terminal Station2.7 miles

Notes

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Disclaimer - Property reference MOTIS_005731. 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 Motis Estates Limited, Folkestone. 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.

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