Summary - 44, FERRY ROAD TN31 7DN
1 bed 1 bath Commercial Property
**Standout Features:**
- Prominent location near railway station and town amenities
- Large front window and door for visibility
- Existing retail operation with tenant in situ
- New 125-year lease available
- Prior approval for conversion to a bedsit (Class C3 - Dwellinghouse)
- Average annual service charge of £375 and ground rent of £100
- Business rateable value of £3,650
**Summary:**
Discover a prime investment opportunity with this versatile lock-up commercial unit located in the heart of Rye, a historic Cinque Ports town. Boasting a generous retail area with a large shopfront, the space is currently occupied as a shop with established tenants, ensuring immediate rental income. The unit benefits from prior approval for conversion to a bedsit, offering significant potential for future residential development, which could greatly enhance its value.
Conveniently situated near the railway station and local amenities, this property is an attractive option for investors or self-starters looking to tap into the bustling retail market. Though the crime rate is slightly above average, the excellent mobile signal and fast broadband speeds ensure connectivity and convenience. With a new 125-year lease, manageable maintenance costs, and the potential for conversion, this unique property in a vibrant, thriving area won't last long—seize this opportunity to secure a prime piece of commercial real estate today!
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