61 Harbour Street, Whitstable, Kent, CT5 1AG
30.26 Sq M
£410,000
Property Features
- For Sale £410,000
- Passing Rent: £26,600 per annum
- Net Initial Yield: 6.31% (assuming 3.9% purchaser's costs)
- Lease Terms: Expiring June 2032
- Prime Harbour Street location
Property Summary
A rare opportunity to acquire a freehold investment property in the heart of Whitstable's sought-after Harbour Street. The property comprises a well-presented ground floor wine bar with courtyard seating, together with a self-contained first floor studio currently used for storage. Both elements are let to Porto Wine Bar Limited, providing a secure rental income until June 2032.
The wine bar benefits from a prominent trading position, character frontage, and a charming courtyard to the rear. The studio above is separately accessed and currently arranged as a compact residential-style unit.
This property offers investors a stable income stream in one of Kent's most desirable seaside towns.
The wine bar benefits from a prominent trading position, character frontage, and a charming courtyard to the rear. The studio above is separately accessed and currently arranged as a compact residential-style unit.
This property offers investors a stable income stream in one of Kent's most desirable seaside towns.