Summary - Hanover Street, Herne Bay CT6 5RN
1 bed 1 bath Commercial Property
**Standout Features:**
- Commercial property with a 10-year lease in place, generating £21,000 rent annually
- Located in central Herne Bay, just off Beach Street near Morrisons Car Park
- Industrial-style building with garage/workshop space and storage yard
- Good accessibility with excellent mobile signal
- Proximity to local amenities and good schools
**Concerns:**
- Property condition requires organization and potential renovation
- Current maintenance needs include clutter management, low ceiling heights, and an exposed structure
- Area classified as "very high crime" and "very deprived"
Discover a prime commercial opportunity with this industrial property located centrally in Herne Bay, near key local amenities and schools with "Good" Ofsted ratings. Currently let on a secure 10-year lease, it provides a reliable rental yield of £21,000 per annum, making it a solid investment for first-time buyers or seasoned investors looking to diversify their portfolio.
The premises feature a storage yard and workshop garage space, perfect for various business uses. However, be prepared for some organization and possible renovations, as the space requires a bit of TLC to reach its full potential.
While this area faces challenges such as high crime rates and socioeconomic deprivation, its prime location near a bustling street filled with conveniences like shops, health services, and leisure activities offers tremendous future potential. With the existing lease in place, act fast to secure this property and explore the possibilities it holds!
Shop for sale in Mortimer Street, Herne Bay, CT6 — £355,000 • 1 bed • 1 bath • 3746 ft²
Shop for sale in Mortimer Street, Herne Bay, CT6 — £215,000 • 1 bed • 1 bath • 581 ft²
Shop for sale in 6A New Street, Herne Bay, Kent, CT6 — £200,000 • 1 bed • 1 bath • 1500 ft²
2 bedroom terraced house for sale in High Street, Herne Bay, Kent, CT6 — £225,000 • 2 bed • 1 bath • 1165 ft²
Office for sale in 6 New Street, Herne Bay, Kent, CT6 — £325,000 • 1 bed • 1 bath • 1517 ft²
Shop for sale in Mortimer Street, Herne Bay, CT6 — £330,000 • 1 bed • 1 bath
