Summary - 26 Palace Street,CANTERBURY,CT1 2DZ CT1 2DZ
2 bed 1 bath Retail Property (high street)
Two-bedroom flat above active high-street retail, ideal for investor or owner-operator.
Grade II listed period building in central King’s Mile
A compact mixed-use freehold in the heart of Canterbury’s lively King’s Mile, this Grade II listed period building combines a ground-floor retail unit with a two-bedroom split-level flat above. The retail area includes basement storage and street-facing window frontage; the apartment offers sitting/dining room with cathedral spire views, fitted kitchen, small deck and two bedrooms. The property totals about 890 sq ft and sits on a small plot with an enclosed rear courtyard.
This location benefits from strong pedestrian footfall, a dense mix of independent retailers, eateries and cultural attractions, plus good transport links to central stations. For an investor the dual-income potential and central address are the main draws: the retail unit lends itself to continued independent retail or a small workshop/office, while the flat is immediately lettable to students or professionals given nearby universities and amenities.
Notable constraints are straightforward and important. The building’s Grade II listed status will restrict alterations and can complicate refurbishment or change of use. The commercial EPC is 108 (E) indicating the shop will need energy improvements to comply with future lettings or regulations; the flat’s EPC is 64 (D). Crime levels in the immediate area are listed as very high, which may influence tenant mix and insurance costs. The site is small with limited outdoor space and access; the courtyard and first-floor deck are modest. These factors, plus the listed status, should be factored into running-cost and upgrade budgets.
Offered freehold at £425,000, this property suits a buyer seeking central mixed-use exposure who is prepared to manage conservation constraints and invest in energy and security upgrades. It presents an opportunity to secure a character asset in a premium city-centre position with immediate trading/letting potential and scope for value uplift through sensitive improvements.
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