Wilbee & Son says ..
Brand New parade of lock up shop units For Sale or To Let on lease. High Street location opposite busy Texaco Petrol Station and just off the sea front. The shops form part of a brand new residential complex and can be accessed from Richmond Street or Hanover Street by vehicle. 2 loading and u...
Property Oracle says ..
This listing presents a commercial property situated on the High Street in Herne Bay, Kent. The property is a new build shop unit, currently in an unfinished state. The external structure looks complete, showing a well-maintained exterior facade, but internal images clearly show the unit requires substantial work. The floor appears to be unfinished, with exposed concrete and construction materials still present. The lack of internal fixtures and fittings suggests the space is not yet ready for occupancy. The property’s location on the High Street offers high visibility and access to foot traffic, a significant benefit for businesses. Herne Bay itself is a popular coastal town with good transport links via the nearby train station. The presence of several well-rated schools nearby could attract customers or tenants. However, the absence of key details such as square footage and the significant investment needed to complete the fit-out must be factored into any potential purchase. Comparable nearby properties on the High Street are also listed around the same price range, though described as completed, making this property’s price potentially high relative to its current condition. Further information regarding the potential rental income from the completed unit would be required for a more thorough financial analysis.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 316,612.00 £Decreased by 3.71 %
- Average area rental value
- 1,188.00 £/moIncreased by 4.39 %
- Est rental Yield
- 4.50 %Increased by 8.43 %
- Crime Rate
- 61.00 %Unchanged by 0.00 %
Agent Activity
Wilbee & Son created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Poppy Children'S Centre | Children's Centre | 0.15 KM | |
| Herne Bay Infant School | Community School | Good | 0.59 KM |
| Herne Bay Junior School | Foundation School | Good | 0.59 KM |
| Fairlight Glen Independent Special School | Other Independent Special School | Good | 0.64 KM |
| Herne Bay High School | Academy Converter | Good | 1.68 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Richmond Mews | £ 240,000 | 0 | 0.00 KM |
| Queen Street | £ 0 | 0 | 0.00 KM |
| Prospect Hill | £ 662,500 | 0 | 0.00 KM |
| North Street | £ 0 | 0 | 0.00 KM |
| Orchard Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Herne Bay | 5174 | HNB | 1.03 KM |
| Chestfield And Swalecliffe | 5200 | CSW | 6.47 KM |
| Sturry | 5029 | STU | 7.78 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Richmond Street, Herne Bay, Kent | £ 240,000 | BUY | 6 / 10 | 0.02 KM |
| Richmond Street, Herne Bay, CT6 | £ 275,000 | BUY | Unknown | 0.02 KM |
| Richmond Street, Herne Bay, Kent, CT6 | £ 115,000 | BUY | 7 / 10 | 0.06 KM |
| Richmond Court, Richmond Street, Herne Bay | £ 215,000 | BUY | 5 / 10 | 0.07 KM |
| Palmer Court, Richmond Street, Herne Bay, Kent, CT6 | £ 375,000 | BUY | 7 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 Hanover Street | £ 295,000 | 0.09 KM |
| 3 Hanover Street | £ 184,995 | 0.09 KM |
| 6 Hanover Street | £ 150,000 | 0.09 KM |
| 8 Hanover Street | £ 297,995 | 0.09 KM |
| 1 Hanover Street | £ 184,995 | 0.09 KM |