Property photos
Freehold
£340,000
(£177.64/sq. ft)
Property for sale
16-18 North Street, Ashford, Kent TN241,914 sq. ft
Local area information
Property location
Nearby amenities
- Ashford School 0.2 miles
- Victoria Road Primary School 0.4 miles
- Ashford International 0.5 miles
- Ashford International (Eurostar) 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Accommodation totalling 1,914 sq ft
- Town centre location neighbouring Pizza Express
- Income of £35,460 (gross) p.a. Showing an initial yield of 9%
- Redevelopment potential, subject to planning
This is an attractive mid-terraced, three-storey Grade II listed building with a basement, providing a total of 1,914 sq.ft. Of accommodation over the four floors. It provides a good investment opportunity or potential for residential redevelopment with the possibility of creating two self-contained flats (one on each of the upper floors), which could generate an income in the region of £20,000 per annum, subject to gaining all necessary consents. The offices are currently let as per the below schedule.
Ground Floor and Basement - Beauty Salon - £12,000 p.a. Exclusive - 6 year lease to 2029.
1st Floor Office - £9,000 per annum exclusive. 3 year lease expiring in February 2025
2nd Floor Office - £2,820 per annum inclusive.
2nd Floor Office - £5,040 per annum inclusive.
2nd Floor Office - £2,820 per annum inclusive.
2nd Floor Office - £3,780 per annum inclusive
*2nd Floor offices all let on monthly inclusive licences.
Ground Floor and Basement - Beauty Salon - £12,000 p.a. Exclusive - 6 year lease to 2029.
1st Floor Office - £9,000 per annum exclusive. 3 year lease expiring in February 2025
2nd Floor Office - £2,820 per annum inclusive.
2nd Floor Office - £5,040 per annum inclusive.
2nd Floor Office - £2,820 per annum inclusive.
2nd Floor Office - £3,780 per annum inclusive
*2nd Floor offices all let on monthly inclusive licences.
More information
Listed by
Stafford Perkins
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