Investment opportunity in Herne Bay! Mixed Use Commercial property with a 7% Gross Yield!

Miles and Barr Commercial are delighted to bring to the market an investment opportunity of two residential flats and a large commercial shop on a prominent high street location. The ground floor lock up shop is currently vacant but was previously let at £14,000 per annum. The property benefits from a double shop front, with large main sales areas to the left and right, with a back sales area and office space also. There is also a basement for storage, and a quaint rear garden with rear access. There is also rear access leading to two one-bedroom residential flats above. Both of these flats are currently tenanted on short term tenancies, with both flats combined bringing in £1,075pcm.

Benefitting from a corner location, this is not an opportunity to be missed!

Room Sizes
LHS Main Sales Area 14' 5" x 17' 8" (4.40m x 5.38m)

RHS Main Sales Area 13' 5" x 17' 0" (4.10m x 5.19m)

Back Sales Area 21' 4" x 10' 3" (6.50m x 3.12m)

Back Office Space
Back office Room 6' 8" x 9' 2" (2.02m x 2.80m)

Flat One
Flat Two

Herne Bay Area Guide

Herne Bay – The first clock tower Herne Bay had the first freestanding purpose-built clock tower in the world constructed in 1837. The town has a good mix of cafés, restaurants and independent and chain stores. If you’re interested in living in Herne Bay, come into our Herne Bay office and we can help find a property to suit you.