>
12 bedroom property for sale
Sun Street, Canterbury, CT1
£1,999,995
Sun Street, Canterbury, CT1
£1,999,995
Price History
Initial price | £2,050,000 |
11/10/24 | £1,999,995 |
Price Change | -2.44% |
Description
This property in the City Centre offers a unique opportunity to combine commercial and residential space, with a strong covenant on a long lease on the ground floor. The ground floor commercial space is currently let to a successful chain operation, "Wing Kingz", on a 10-year lease, generating £55,000 per annum. The residential elements above, comprising four to seven bedrooms, are estimated to produce £80,000 per annum through AST tenancies, with the potential for additional income through Airbnb. The property's versatile layout and city-centre location make it an attractive investment opportunity, with a strong potential yield of 6.4%. Viewings are highly recommended to appreciate the full extent of this rare and exciting opportunity.