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22, 22A & 20-22 22 King St 1,497 SF 100% Leased Retail Building Sandwich CT13 9BT $515,609 ($344.43/SF) 7.49% Cap Rate
Investment Highlights
- Sandwich is a historic market town situated within the Dover district of Kent, positioned on the River Stour
- The town benefits from strong road connectivity via the A256, providing direct access to the A2 and wider motorway network
- The property occupies a prominent position within one of the town’s main retail thoroughfares, surrounded by a mix of established independents
Executive Summary
Freehold
Two ground floor retail units & 2 bed flat with a large terrace
Attractive income growth potential
Offers invited in the region of £385,000, reflective of a N.I.Y. of 7.49%
Two ground floor retail units & 2 bed flat with a large terrace
Attractive income growth potential
Offers invited in the region of £385,000, reflective of a N.I.Y. of 7.49%
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,497 SF
Building Class
C
Year Built
1980
Price
$515,609
Price Per SF
$344.43
Cap Rate
7.49%
NOI
$38,619
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.03 AC
Frontage
18’ on King Street
Amenities
- Storage Space
- Smoke Detector
1 1
Nearby Major Retailers
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22, 22A & 20-22 | 22 King St
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