Guide Price £875,000

Commercial development for sale in Cuthbert Road, Westgate, CT8

Shortlist

Key features

  • Investors ONLY
  • 5.5% yield
  • Development potential
  • Close to the shops
  • Fully tenanted on AST
  • Great opportunity
CALLING ALL INVESTORS! This later Edwardian property in Westgate is located just 750 yards from the coastline with sandy beaches and currently offers 4 large apartments all let on AST producing a 5.5% annual yield. In addition there is a large garden with potential for either redevelopment or a careful extension to the main building to double the size. Cash buyers only - all planning enquiries to be directed through TDC. Call for more information.

Main Building:

Apartment 1 Ground Floor
Entrance Hallway:
Living Room;
Kitchen/breakfast Room:
Bedroom 1:
Bedroom 2:
Bedroom 3:
Bathroom:
Storage Room:
PRIVATE Gardens:
Parking:

Apartment 2 First Floor
Entrance Hallway:
Living Room:
Kitchen:
Bedroom 1:
Bedroom 2:
Bedroom 3:
Bathroom:
Communal Gardens:
Parking

Apartment 3 First Floor
Entrance Hallway:
Living Room:
Kitchen:
Bedroom 1:
Bedroom 2:
Bedroom 3:
Bathroom:
Communal Gardens:
Parking

Apartment 4 Second Floor
Entrance Hallway with stairs to second floor:
Living Room:
kitchen:
Bedroom 1:
Bedroom 2:
Bedroom 3:
Bathroom:
Communal Gardens:
Parking

NB: The property is owned on one FREEHOLD title with no separate leases, therefore will not be mortgageable in its current set up. Any changes required will be the responsibility of any ingoing buyer.
NO SUBJECT TO PLANNING offers considered.
All apartments have their own EPC rating.

11 Property images

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Location

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