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 is for a brand new, lock-up shop unit situated on the High Street of Herne Bay, Kent. The property is part of a larger commercial development, located opposite a petrol station and conveniently near the seafront. The provided photographs show the exterior of the unit to be largely complete, with modern white framed windows, a white door, and a clean exterior. However, the interior images reveal a completely unfinished space. The flooring is exposed, the walls are unfinished, and essential fittings are absent. This indicates a significant amount of work is needed before the property can be used. The location is good, with the town’s amenities and transportation links in close proximity, and several schools within walking distance. However, there is no external space such as a garden for this type of property. While the listed price is in line with other properties in the area, the lack of interior details and finished condition necessitates potential buyers factor in substantial renovation costs before determining its value. Buyers should be prepared to commit significant capital for fitting out and internal works.
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 |
|---|---|---|
| 5 Hanover Street | £ 225,000 | 0.09 KM |
| 9 Hanover Street | £ 295,000 | 0.09 KM |
| 3 Hanover Street | £ 184,995 | 0.09 KM |
| 1 Hanover Street | £ 184,995 | 0.09 KM |
| 8 Hanover Street | £ 297,995 | 0.09 KM |