Situated in the heart of Hythe High Street in a prominent location, are these two High Street investments, plus vacant offices/maisonette on the upper floors which may offer potential for re-configuration/conversion to purely residential, subject to all necessary consents being obtainable.
112A High Street – Church Mouse Studio
Double fronted shop with main retail area, second retail area, main store/workshop, kitchen, W.C. and two further store rooms.
Two allocated parking spaces.
Let under the terms of a 10 year lease, from 28th June 2018, at a current rental of £11,500 per annum. The current tenant has been in occupation for approximately 18 years.
112 High Street – Loremar
Main retail shop, rear store room, kitchen and W.C.
Let under the terms of a 10 year lease from 6th April 2016 at a current rental of £9,950 per annum.
Interconnecting Store – Rear of 112 High Street
Access from 112 (Loremar), rear store room.
Let under an Agreement at a current rental of £1,000 per annum, payable in advance.
Central entrance door, entrance hall providing access to the upper floors.
Five office rooms, store, kitchen, bathroom with W.C. and separate W.C.
Landing/lobby and four rooms.
Car park to the rear with access off Prospect Road.
Planning Permission was granted under ref: Y15/1046/SH, received 27th November 2015, for change of use of the first floor and second floor levels of 112 and 112A High Street, Hythe from mixed use commercial/residential to three self-contained flats (two, one-bedroom and one, two-bedroom) and new shop front to 112 and 112A together with demolition of the rear single storey extensions and construction of a cycle store and bin store, subject to conditions.
A copy of the Planning Consent and approved drawings will be available to download from the Local Planning Authority website, folkestone-hythe.gov.uk, the Clive Emson website or inspection at the Auctioneer’s Office.
The two rear single storey extensions referred to in the current Planning Consent are let to the two existing tenants.