£340,000

Property for sale

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Just added
Freehold

£340,000

Property for sale

Castle Street, Dover CT16

Local area information

Property location

Nearby amenities

  • Dover, St Mary's Church of England Primary School 0.2 miles
  • Dover College 0.3 miles
  • Dover Priory 0.4 miles
  • Dover Eastern Docks Ferry Terminal 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Dover to find out more about the local area.

Features and description

  • Freehold
  • Fabulous investment opportunity
  • Large commercial terraced property with potential
  • Central location
  • Income generating from day one
  • Energy rating - ground floor units - C (53) & E (124)
  • Energy rating - first & second floors - D (80) & C (65)
Fabulous investment opportunity with this centrally located double sized terraced property. The property is spread over three main floors plus a basement. The ground floor is currently split into two units with commercial leases. The top two floors are vacant and has potential to let out on a commercial basis or convert to residential (planning permissions will be required).

An early viewing is highly recommended.

This property is situated on the well regarded Castle Street, which is just a stones throw from the market square. Set behind Castle Street, is the popular St James retail park, which offers of good range of shops and eateries. With in walking distance is the seafront, Dover port and the train station at Dover Priory. From Dover Priory you can catch the fast link to London in just over an hour. There are excellent access routes to the A2/M2 and the A20/M20

Ground Floor Shop

Private & direct access from the pavement into the shop.

Shop & basement is approximately 155sqm

Spacious retail shop area with stepped areas to the rear. Small kitchen area and WC. Access to basement

Basement is currently used as storage space by the current tenant.

The shop has its own gas central system and the boiler is located in the basement. From the basement is access to a private rear courtyard.

The shop is currently let on a 5 year lease starting in December 2024. There is a break-clause in June 2027. Current annual rent is £8,000. The lease is a full and repairing lease.

Energy Rating - C (53)

Business Rates - £10,250 (Payable by tenant).

Ground Floor Unit

Accessed from the communal front door and then a corridor leading to the unit.

The unit is approximately 23 sqm.

The unit consists of one main room which is used as a hairdressers, and offers a small kitchen area and WC.

It is currently let on a 5 year lease which expires in March 2029. There is a break-clause in March 2026. Current annual rent is £2,200 and rising to £2,400 in March 2026. The lease is a full and repairing lease.

Energy Rating - E (124)

Business Rates - £2,175 (Payable by tenant).

Ground Floor

Accessed from the communal hallway, there is a door leading to basement area.

Stair case leading to first and second floors.

First Floor Offices

The unit is split into one large office and two smaller office rooms. There is also a kitchen area. There are two toilets and store room.

The approximate size is 95sqm. The unit is currently vacant. There is the possibility to rent this area out on a commercial basis or could have potential to convert to residential. Planning permission would be required and any initial enquiries would need to be made direct with Dover Council.

Energy Rating - D (80)

Business Rates £7,100.

Second Floor Offices

The top floor area is split into a number of offices and also offers a kitchen area and WC.

The approximate size of the second floor is 90sqm. The unit is currently vacant. There is the possibility to rent this area out on a commercial basis or could have potential to convert to residential. Planning permission would be required and any initial enquiries would need to be made direct with Dover Council. The current owner of the property has advised this unit used to be a residential flat.

Energy Rating - C (65)

Business Rates £4,450.

Viewing
Strictly by arrangement with the agents, Tersons

Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

Tersons for themselves and for the vendors or lessors of this property whose agents they are give notice that:- (1) These particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute part of an offer or contract. (2) All descriptions, dimensions, reference to condition, services or appliances and necessary commissions for use and occupation are given without responsibility and any intending purchasers or tenants must satisfy themselves as to their correctness. (3) The vendors or lessors do not make or give, and neither do Tersons for themselves nor any person in their employment any authority to make or give any representation or warranty whatever in relation to this property. (4) These details do not form part of any contract to purchase or lease the property.

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  1. Zoopla
  2. Commercial for sale
  3. Kent
  4. Dover
  5. Castle Street