Situated in the centre of Herne Bay close to local amenities and the seafront is this mixed use property for investment.
Located on the corner of Beach Street and Mortimer Street, the building comprises a double-fronted hair salon, a separate commercial unit and five self-contained flats.
The building is in good order and may be considered ideal for continued investment.
Commercial
52-54 Mortimer Street
Ground Floor
Double-unit shop floor, rear hall, treatment room, kitchen and W.C.
Outside
Garden to rear.
Tenancy
Let on a five-year lease from 4th July 2020 at a current rental of £12,000 per annum, rising to £15,000 in year five.
17 Beach Street
Entrance hall, kitchen, W.C. and two rooms.
Tenancy
Let on a new 10-year commercial lease, at a current rental of £4,500 per annum, with a rent review after five years.
Residential
54 Mortimer Street
Ground Floor
Communal entrance.
Flat 1 - 54A
First Floor
Entrance hall, shower room with W.C., bedroom, kitchen/living room.
Ground Floor
Bedroom.
Tenancy
Let at a current rental of £700 per calendar month.
Flat 2 - 54B
Second Floor
Entrance hall, kitchen/living room, bedroom and shower room with W.C.
Third Floor
Bedroom.
Tenancy
Let at a current rental of £800 per calendar month.
15 Beach Street
Ground Floor
Communal entrance.
Flat 1
First Floor
Living room and kitchen.
Second Floor
Bedroom and en-suite shower room with W.C.
Tenancy
Let at a current rental of £600 per calendar month.
Flat 2
Second Floor
Entrance hall, kitchen/living room, shower room with W.C. and bedroom.
Tenancy
Let at a current rental of £600 per calendar month.
Flat 3
Second Floor
Entrance hall, living room/kitchen and bedroom.
Third Floor
Bathroom with W.C.
Tenancy
Let at a current rental of £600 per calendar month.
Tenancies
Further information will be available to download from the Clive Emson website.