The Beach Cafe, Beach Walk, Canterbury, Whitstable, Kent, CT5 2BP
1,499 Sq Ft
£695,000
Property Features
- SEAFRONT LOCATION WHITSTABLE
- EXCELLENT FOOTFALL
- EXCELLENT VIEWS OF SEA
- HUGE DEVELOPMENT POTENTIAL (STP)
- TOTAL AREA 139.43sqm (1,499 sq ft)
Property Summary
The property is a cafe/restaurant located seconds from Whitstable beach and just
moments away from the harbour and town centre. The property consists of a
restaurant area and access through to the kitchen area. There is
also an external W/C. With its own separate entrance, the first floor boasts a stunning
refurbished 2 Bedroom Flat, with great sea views.
Property Overview:
Location: Beach Walk, Whitstable
Price: £695,000
Total rental income £28,200 p.a. with outstanding rent review on Cafe due on
01/09/2024, the Sellers will leave the rent reviews to be determined by the buyers.
Buyers need to satisfy themselves but we consider therre is scope for an uplift in rent.
Type: Mixed-use property (Café and self contained apartment above)
Investment Highlights:
Prime location in a popular seaside town known for its charm and tourism.
Established rental income from both the café and apartment.
Potential for capital appreciation due to desirable location and ongoing demand
for coastal properties.
Opportunity for further development or enhancement of the café space.
Apartment Details:
Current Lease: AST for 12 months from 15/11/2024 @ £1,100 per month
Apartment Size:
Total Area: 60.45 sq m (650 sq ft)
2 Bedrooms, a Dining room/Living room, kitchen and shower room
Views: Stunning sea views
Café Details:
Current Rent: £15,000 per annum on a full Reparing & Insuring lease, subject to review
as noted above.
Ground Floor Area:
Restaurant area: 65.59 sq m (705 sq ft)
Kitchen area: 13.39 sq m (144 sq ft)
Total Café Area: 78.98 sq m (849 sq ft
moments away from the harbour and town centre. The property consists of a
restaurant area and access through to the kitchen area. There is
also an external W/C. With its own separate entrance, the first floor boasts a stunning
refurbished 2 Bedroom Flat, with great sea views.
Property Overview:
Location: Beach Walk, Whitstable
Price: £695,000
Total rental income £28,200 p.a. with outstanding rent review on Cafe due on
01/09/2024, the Sellers will leave the rent reviews to be determined by the buyers.
Buyers need to satisfy themselves but we consider therre is scope for an uplift in rent.
Type: Mixed-use property (Café and self contained apartment above)
Investment Highlights:
Prime location in a popular seaside town known for its charm and tourism.
Established rental income from both the café and apartment.
Potential for capital appreciation due to desirable location and ongoing demand
for coastal properties.
Opportunity for further development or enhancement of the café space.
Apartment Details:
Current Lease: AST for 12 months from 15/11/2024 @ £1,100 per month
Apartment Size:
Total Area: 60.45 sq m (650 sq ft)
2 Bedrooms, a Dining room/Living room, kitchen and shower room
Views: Stunning sea views
Café Details:
Current Rent: £15,000 per annum on a full Reparing & Insuring lease, subject to review
as noted above.
Ground Floor Area:
Restaurant area: 65.59 sq m (705 sq ft)
Kitchen area: 13.39 sq m (144 sq ft)
Total Café Area: 78.98 sq m (849 sq ft