Summary - St. Peters Street, Canterbury, Kent, CT1 CT1 2BG
1 bed 1 bath Not Specified
**Standout Features:**
- Prime city centre location on St Peter’s Street, Canterbury
- Established restaurant generating approx. £400,000 turnover annually
- Additional income from eight letting rooms: £48,000 p.a.
- Three residential flats at the rear, producing £46,000 p.a.
- Spacious rear patio garden with seating for 40
- Excellent footfall and proximity to Canterbury West station
- Modern amenities and commercial kitchen
**Potential Downsides:**
- High crime rate in the area
- Average broadband speeds
- Requires ongoing maintenance for commercial operations
Experience a unique investment opportunity with this magnificent mid-terraced Victorian property in the heart of Canterbury. Currently home to the bustling Tacos Locos Mexican restaurant, this prime location boasts a thriving business model with substantial annual turnover complemented by eight private letting rooms above, generating significant rental income. Additionally, the three self-contained flats at the rear offer further income potential, making this property an attractive proposition for savvy investors.
The eclectic charm of the restaurant features a spacious dining area, bar, and ample outdoor seating in a delightful patio garden that can accommodate up to 40 guests. This lively locale benefits from foot traffic and is conveniently located near Canterbury West station, providing direct access to London St Pancras, perfect for attracting diverse clientele.
While the property exudes character and commercial potential, it’s important to consider the local area's high crime rate and average broadband speeds. With its rich history and modern functionality, this property is not just a business; it is a chance to own a piece of Canterbury's vibrant community. Don’t miss your chance to step into a thriving hospitality venture and capitalize on the rental income opportunities available. Act quickly—properties like this in such a sought-after location will not last long!
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