Situated in the centre of Dover is this mid and end terrace building arranged as a residential and commercial investment.
The ground floor is arranged as two commercial units which are both currently let and the upper parts comprise a two-bedroom maisonette, which is let and a further flat which has been sold on a long lease. It is considered the rental income could be improved to bring the building in line with current market rent.
1618 Worthington St
Open plan seating area/kitchen and W.C.
Yard to rear.
Let under the term of a 12-year commercial lease from 6th June 2006 at a current rental at £6,500 per annum (reduced from £9,000pa in 2016).
16-18 Worthington St
First Floor Flat
Remainder of a 99-year lease from the 25th December 1987 at a current ground rental of £50 per annum.
20 Worthington St
Hairdressers with four chairs, kitchenette and W.C.
Let under the terms of a 10-year commercial lease from 4th March 2020 at a current rental of £4,500 per annum.
20A Worthington St
Hallway, kitchen, living room and W.C.
Landing, bathroom and two bedrooms.
Let under the terms of condition of a six month Assured Shorthold Tenancy from 22nd March 2013 at current rental of £380 per calendar month.
Council Tax Band A