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143-147 Mortimer St 6,156 SF Retail Building Herne Bay CT6 5HA $734,685 ($119.34/SF) 9.18% Cap Rate
Investment Highlights
- Comprises a ground floor shop and first floor flat
- Well located in popular tourist town
- Shop let to Savers Health & Beauty Limited on a new 5 year lease
Executive Summary
Lot 16 is available for sale at an Allsop online auction that was held on the 30th of September 2025
The property comprises an investment opportunity for sale.
The asking price is £550,000, representing a gross initial yield of 9.62%.
The property comprises an investment opportunity for sale.
The asking price is £550,000, representing a gross initial yield of 9.62%.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
6,156 SF
Building Class
B
Year Built
1920
Price
$734,685
Price Per SF
$119.34
Cap Rate
9.18%
NOI
$67,444
Tenancy
Single
Building Height
2 Stories
Building FAR
1.46
Lot Size
0.10 AC
Frontage
27’ on Mortimer Street
Amenities
- Signage
- Storage Space
1 1
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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143-147 Mortimer St
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