Summary - 39, ST PETERS STREET CT1 2BQ
1 bed 1 bath Retail Property (high street)
Large Grade II listed retail and residential freehold near Canterbury West station.
Freehold mixed-use premises with retail and flats above
A substantial freehold investment on St Peters Street, this pair of Grade II‑listed buildings combines street-level food-led retail with flats above, producing a gross rent of £93,200 pa. The location sits in a busy pedestrianised city‑centre corridor close to Canterbury West station, the Westgate complex and student accommodation, delivering consistently high footfall and tenant demand from food, beverage and student markets.
The buildings extend to approximately 4,563 sq ft across ground and two upper floors, with traditional red‑brick façades and period features that contribute strong curb appeal. The ground floor houses café/restaurant units with fitted commercial kitchen space; the upper floors provide residential accommodation that supplements rental income. Mobile signal is excellent and the area is affluent with a large student and professional population.
Important considerations: both properties are Grade II listed, which will restrict alterations and can add consenting costs and time. The site has a medium flood risk and sits in an area reporting very high crime levels — these factors affect insurance, operating costs and management. Broadband speeds are average; some maintenance and heritage‑compliant works may be required to preserve fabric and meet regulatory expectations.
For buyers seeking a central, high‑footfall asset with immediate income, this lot offers scale and mixed‑use diversification. Investors should factor in listing constraints, flood and security premiums, and potential upkeep associated with historic buildings when assessing total return versus purchase price.
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