£340,000

Property for sale

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Freehold

£340,000

(£177.64/sq. ft)

Property for sale

16-18 North Street, Ashford, Kent TN24

1,914 sq. ft

Local area information

Property location

Nearby amenities

  • Ashford School 0.2 miles
  • Victoria Road Primary School 0.4 miles
  • Ashford International 0.5 miles
  • Ashford International (Eurostar) 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Accommodation totalling 1,914 sq ft
  • Town centre location neighbouring Pizza Express
  • Income of £35,460 (gross) p.a. Showing an initial yield of 9%
  • Redevelopment potential, subject to planning
This is an attractive mid-terraced, three-storey Grade II listed building with a basement, providing a total of 1,914 sq.ft. Of accommodation over the four floors. It provides a good investment opportunity or potential for residential redevelopment with the possibility of creating two self-contained flats (one on each of the upper floors), which could generate an income in the region of £20,000 per annum, subject to gaining all necessary consents. The offices are currently let as per the below schedule.
Ground Floor and Basement - Beauty Salon - £12,000 p.a. Exclusive - 6 year lease to 2029.
1st Floor Office - £9,000 per annum exclusive. 3 year lease expiring in February 2025
2nd Floor Office - £2,820 per annum inclusive.
2nd Floor Office - £5,040 per annum inclusive.
2nd Floor Office - £2,820 per annum inclusive.
2nd Floor Office - £3,780 per annum inclusive
*2nd Floor offices all let on monthly inclusive licences.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Stafford Perkins. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Stafford Perkins for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Kent
  4. Ashford
  5. Sevington
  6. Ashford Business Park
  7. North Street

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