1 /3
£260,000
High Street, New Romney, TN28
- 0 beds
Under offer/SSTC
£260,000
- 0 beds
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Estimate monthly mortgage payment:
£1,187 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
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GUIDE PRICE £260,000 Freehold Investment consisting of 2 x Commercial Shops (The 3x Flats above have been sold on 999 year leases)
New Romney is often forgotton by the Kent area, which is crazy because the selection of places to drink, eat and shop are fantastic. From modern locations like Balance Bar, to older style pubs like The Ship Hotel and Cinque Ports Arms. New Romney lies just off the A259, linking it with the beaches of Dymchurch and, further up the coast, with Hythe and Folkestone. There are nine railway stations nearby, including Ashford International railway station, just a 20-minute drive away. From here, you’ll find services to London St Pancras departing every half an hour, with journey times of just 40 minutes.
The ground floor is split into 2 x newly formed and refurbished commercial shops which total 516 sq ft of ground floor space which is currently leased on 2 x FRI leases.
51 High Street
Term - 3 Years
Start Date: 1st October 2023
Rent - £1000 pcm
51a High Street
Term - 5 Years
Start Date - 1st November 2023
Rent - £750pcm
Use: E Use Class
Energy Performance Certificate (Valid until 2033)
51: 34 (B) - Full EPC available upon request.
51: 28 (B) - Full EPC available upon request.
Services: Water, Drainage, Gas and Electricity
Rateable Value: To Be Assessed
Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone. 01303 212020 or [email protected]
SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request)
New Romney is often forgotton by the Kent area, which is crazy because the selection of places to drink, eat and shop are fantastic. From modern locations like Balance Bar, to older style pubs like The Ship Hotel and Cinque Ports Arms. New Romney lies just off the A259, linking it with the beaches of Dymchurch and, further up the coast, with Hythe and Folkestone. There are nine railway stations nearby, including Ashford International railway station, just a 20-minute drive away. From here, you’ll find services to London St Pancras departing every half an hour, with journey times of just 40 minutes.
The ground floor is split into 2 x newly formed and refurbished commercial shops which total 516 sq ft of ground floor space which is currently leased on 2 x FRI leases.
51 High Street
Term - 3 Years
Start Date: 1st October 2023
Rent - £1000 pcm
51a High Street
Term - 5 Years
Start Date - 1st November 2023
Rent - £750pcm
Use: E Use Class
Energy Performance Certificate (Valid until 2033)
51: 34 (B) - Full EPC available upon request.
51: 28 (B) - Full EPC available upon request.
Services: Water, Drainage, Gas and Electricity
Rateable Value: To Be Assessed
Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone. 01303 212020 or [email protected]
SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request)
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£1,187 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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