Summary - 57 - 61 HIGH STREET DYMCHURCH ROMNEY MARSH TN29 0NH
1 bed 1 bath Retail Property (high street)
Two shops with immediate income in a busy coastal town.
Freehold sale of two ground-floor retail units, combined c.1,076 sq ft
A rare high-street freehold in Dymchurch offering two ground-floor retail units with proven footfall from a busy coastal high street. The sale includes both lock-up shops (combined c.1,076 sq ft) while the two first-floor flats are already sold on long leases, generating a nominal combined income of £150 per annum. Current ground-floor rents: barber at £4,250pa (short-term one-year lease from 2018) and a beauty parlour/florist at £8,100pa (new lease from Aug 2024 to Jan 2029).
This property suits a hands-on investor seeking straightforward, let retail units in a seaside small town. The location benefits from steady passing trade, local amenities and fast broadband; flood risk is very low. The building is a mid-century, mixed-use brick terrace with standard ceiling heights and mid-range finishes — sound for letting but showing potential for improvement to increase rents or change uses (subject to permissions).
Important transactional facts are that the property is offered by Modern Method of Auction. Buyers should budget for a non-refundable Reservation Fee of 4.5% of purchase price (minimum £7,080 inc VAT) plus a Buyer Information Pack fee (£349 inc VAT). The sale will complete within a 56-day reservation period; lenders should be consulted before bidding. The small-town location sits within an area classified as deprived with an ageing population profile, which may limit rental growth compared with larger urban centres.
In short: straightforward retail freehold with immediate income and visible upside through active management or modest refurbishment. Be aware of auction sale mechanics and additional buyer fees when assessing overall return and affordability.
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