Excess of 8.8% Mixed Use Investment!

Presenting a unique investment opportunity in a prime commercial location, this property boasts a total of five flats and a shop, perfectly tailored for investors seeking to expand their portfolio. Nestled in the heart of a sought-after area, this rare offering presents vast potential for those seeking a venture in the commercial property market. The property is also situated close to the train station, perfect for commuters.

The five flats within the property offer versatile living arrangements suitable for a range of tenants. The shop, with its prime street frontage, promises a steady stream of income for the investor. There is also potential with the cellar to be converted to maximise the value of the building.

With its prime location in a bustling neighbourhood with high foot traffic and strong rental demand, this property is an attractive choice for those looking to establish a reliable income stream or capitalise on the thriving local economy. Whether you are a seasoned investor seeking to diversify your assets or a newcomer to the property market looking for a sound investment, this property offers endless possibilities for growth and prosperity.

Of the five flats, four of them are rented, as well as the shop. This allows for a potential £3,330 per calendar month with all of the flats tenanted!

Please call Miles and Barr Commercial today to arrange your viewing, this is not one to be missed.

Auctioneer Comments:

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £7,080 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/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. These services are optional.

Room Sizes

Faversham Area Guide

Faversham – A heritage town Faversham has around 500 listed buildings. Abbey Street is sometimes referred to as one of the finest medieval streets in southeast England. The town has a good mix of cafés, restaurants and independent stores. If you’re interested in living in Faversham, come into our Faversham office and we can help find a property to sui