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1-2 Strand Ct 920 SF Retail Condo Unit Offered at $209,459 in Rye TN31 7AY
Investment Highlights
- The property is offered as an investment opportunity with the existing tenant remaining in occupation.
- Rail access to Ashford International provides onward high-speed connectivity to London St Pancras.
- Rye attracts visitors from the UK and overseas, supporting the town's retail environment.
Executive Summary
The asset is let to Hilton & Hayward, an independent retailer specialising in curated gifts, homeware, and artisan products. The brochure states that the tenant will remain in occupation and that lease details are available from the agent. The property is offered as an investment opportunity with an advertised guide price of £155,000 and an approximate investment yield of 10%. Rye benefits from rail connections to Eastbourne and Ashford International, with high-speed services from Ashford to London St Pancras. Road access is available via the A259 and the upgraded A2070 connecting to the M20. The combination of an established tenant, town-centre location, and long leasehold interest presents an opportunity for investors seeking income-producing retail property.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 920 SF | Retail | $209,459 ($227.67/SF) | - |
Unit 1
| Unit Size |
| 920 SF |
| Condo Use |
| Retail |
| Price |
| $209,459 ($227.67/SF) |
| NOI |
| - |
Unit 1
| Unit Size | 920 SF |
| Condo Use | Retail |
| Price | $209,459 ($227.67/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Description | |
| The ground floor retail unit extends to approximately 85 sq m and benefits from front and side display windows. The accommodation includes a large open-plan retail area together with a store, kitchen, cloakroom, and electric heating. The property currently holds an EPC Rating of C. | |
| Sale Notes | |
| A modern purpose-built retail investment located at Shop Unit 1, Strand Court, Strand Quay, Rye, East Sussex TN31 7AY. The property occupies a prominent trading position within the Conservation Area of Rye, a historic market town and Cinque Port known for its tourism appeal, independent retailers, galleries, guest accommodation, and period architecture. |
Property Facts
| Total Building Size | 1,840 SF | Floors | 3 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,840 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1988 |
| Building Class | B | Lot Size | 0.66 AC |
| Total Building Size | 1,840 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 1,840 SF |
| Year Built | 1988 |
| Lot Size | 0.66 AC |
Amenities
- Energy Performance Rating - E
- Air Conditioning
Nearby Major Retailers
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1-2 Strand Ct
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