Summary - 27-31, HIGH STREET CT5 1AP
1 bed 1 bath Commercial Property
Secure mixed‑use freehold with immediate rental and holiday‑let potential.
Ground floor let to Greggs PLC on a 10‑year FRI lease at £65,000 pa
This freehold, mixed‑use building sits on Whitstable High Street and offers a secure, diversified income profile. The ground‑floor retail unit is pre‑let to national covenant Greggs PLC on a 10‑year FRI lease at £65,000 per annum, providing a strong, long‑term retail income. Six newly constructed upper‑floor flats are sold with vacant possession, giving immediate optionality for holiday‑let or assured shorthold rental conversion.
The property occupies a prime trading position in an affluent coastal town with high year‑round footfall and excellent transport links to Canterbury and London. The redevelopment work has delivered quality apartments and a modern shopfront, but external elements such as boarded upper windows and a flat roofed return indicate remaining finishing and façade works are needed. No private garden is apparent beyond a likely small service yard.
This asset suits an investor seeking a balanced long‑term holding that combines a national retail covenant with residential upside. Note material considerations plainly: the building footprint is small, the High Street setting means limited private amenity, and local crime statistics are very high — factors to weigh against strong tenant demand and coastal market fundamentals. Guide price: £2,900,000.
Commercial property for sale in 27-31 High Street, Whitstable, KENT, CT5 1AP, CT5 — £1,000,000 • 1 bed • 1 bath • 3252 ft²
Shop for sale in Investment For Sale, CT5 — £245,000 • 1 bed • 1 bath • 960 ft²
High street retail property for sale in 61 Harbour Street, Whitstable, Kent, CT5 1AG, CT5 — £410,000 • 1 bed • 1 bath • 326 ft²
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High street retail property for sale in Mortimer Street, Herne Bay, CT6 — £500,000 • 1 bed • 1 bath • 2939 ft²
Mixed use property for sale in High Street, Margate, Kent, CT9 — £350,000 • 1 bed • 1 bath • 1862 ft²
