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Prime retail investment for sale or to let in Tenterden

47 High Street, Tenterden, Kent, TN30 6BJ
For sale
£410,000
To rent
£30,000 p.a.
bonsors
This property is marketed by:
Bonsors

A Grade II Listed freehold property arranged over basement, ground, first and second floor levels, with brick and tile hung elevations under a pitched, tiled roof. The building has been in use as a bookshop since being leased to Ottakars in 2000. In 2006 Ottakars was bought by Waterstones.

Key Features

  • Tenterden is an historic and affluent market town situated in the Ashford district of Kent.
  • The town boasts an attractive and exciting range of both multiple and local retailers. The property is located in a 100% prime location with High Street frontage.
  • Waterstones (net assets £104m) in occupation since 2006.
  • A purchase at this level shows a net initial yield of 7.02%

LOCATION

The historic and picturesque town of Tenterden is an important retailing centre. The town is located on the A28 providing excellent connections to Ashford, Canterbury and the M20 motorway.


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