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Town Centre Commercial Investment

Dover, CT16 - Get Access

Description

A two-storey terrace property located on Biggin Street in the centre of Dover, adjacent to both local and nationwide retailers. The property is arranged as a ground floor commercial unit which is let to a sushi restaurant on a 15-year lease at £15,000 per annum, and we understand the upper parts, which have their own separate entrance, are vacant and may offer future potential, subject to all necessary consents being obtainable. The ground floor comprises a retail area, rear office, store room, staff kitchen, and W.C. The commercial lease is from 2026 at £15,000 per annum, featuring a break clause after seven years. The first floor is accessed via the front at ground floor level, and the auctioneers have been unable to internally inspect the upper parts at the time of publication; interested applicants should rely on their own investigations to verify the information provided. The property has an EPC rating of B (40) with a total floor area of 134 sq.m, and falls under the jurisdiction of Dover District Council. The seller has informed us that the commercial tenant recently carried out refurbishment works to the property. Viewings are external only, and the tenure is freehold with part vacant possession.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,442 sq ft (Listing)

Valuing this two-storey mixed-use terrace on Biggin Street involves assessing both the secure ground-floor retail income and the vacant upper floors. Condition is fair with visible exterior weathering, and floor area is established at 1442 sq ft from listing details.

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