Canterbury 16/17 High Street picture

Canterbury 16/17 High Street

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Cathedral City Retail Investment

- Historic City of Canterbury boasts a large and affluent catchment

- Busy pedestrianized high street location

- two well configured retail units totaling 3,401 sq ft

- Rebased renewal to The Works Ltd on a 5 year term at £67,000 pa

- 20 years lease to Kokoro Ltd agreed in 2020 at £62,500 pa

- WAULT to break of 5.33 years on the retail element

- 12 valuable, city centre, car parking spaces to the rear generating income

- 7 residential units on long leases on the upper floors

Seeking offers in excess of £1,750,000 (subject to contract and exclusive of VAT)

Reflecting a NIY of 8.02% (including purchaser's costs of 6.16%)

Canterbury 16/17 High Street image