Market Street, Sandwich

Commercial property

POA £1,800,000

Front Shot.png
Picture 1 of 34
Picture9.jpg
Picture 2 of 34
Picture10.jpg
Picture 3 of 34
Picture8.jpg
Picture 4 of 34
Picture32.jpg
Picture 5 of 34
OFFICE 3 (002).jpg
Picture 6 of 34
OFFICE 4 (002).jpg
Picture 7 of 34
Picture13.jpg
Picture 8 of 34
Picture5.jpg
Picture 9 of 34
Picture1.jpg
Picture 10 of 34
Picture2.jpg
Picture 11 of 34
Picture3.jpg
Picture 12 of 34
Picture6.jpg
Picture 13 of 34
Picture4.jpg
Picture 14 of 34
Picture21.jpg
Picture 15 of 34
Picture11.jpg
Picture 16 of 34
Picture12.jpg
Picture 17 of 34
Picture14.jpg
Picture 18 of 34
Picture15.jpg
Picture 19 of 34
Picture18.jpg
Picture 20 of 34
Picture16.jpg
Picture 21 of 34
Picture19.jpg
Picture 22 of 34
Picture20.jpg
Picture 23 of 34
Picture7.jpg
Picture 24 of 34
Picture22.jpg
Picture 25 of 34
Picture23.jpg
Picture 26 of 34
Picture24.jpg
Picture 27 of 34
Picture25.jpg
Picture 28 of 34
Picture26.jpg
Picture 29 of 34
Picture27.jpg
Picture 30 of 34
Picture28.jpg
Picture 31 of 34
Picture29.jpg
Picture 32 of 34
Picture30.jpg
Picture 33 of 34
Picture31.jpg
Picture 34 of 34
21 Market Street Sandwich floorplan.jpg
Picture 1 of 1

Enquire about this property

You need to create an account to enquire about this property.

Back to search

Key Features

  • Investment opportunity
  • Spacious grade ii listed building
  • Centrally located in the town
  • Walled garden & parking for several vehicles
  • Four luxury apartments
  • Studio/office
  • Current p/p granted for 3 further apartments
  • Lucrative rental income opportunity
  • Viewings by appointment
  • Approximately 7,860 sq ft

Full Description

An opportunity to acquire an impressive and elegant period property situated in a prime spot within the heart of the Market town of Sandwich offering the new owner endless options as the property currently generates a lucrative rental income. There is potential to increase the rental income further as current planning permission has been granted for conversion to create three additional apartments within the ground floor area to compliment the existing four luxury apartments and commercial office/studio. (Planning Ref: 20/00778 Dover district council).

This imposing building is around 7,860 Square feet and comes with an enclosed walled rear garden and parking at the rear for several vehicles and so would also make for a unique single residence in addition to an investment purchase subject to any relevant consents and permissions. The building comprises accommodation over three floors with split level ground floor and there is a basement for storage.

So, if you are looking to operate your own business and live within the building whilst taking advantage of a healthy investment income then this rare opportunity deserves your attention.

The Building is Grade II Listed, within the conservation area and conveniently situated for a wealth of excellent local amenities just yards away plus there are lovely nearby walks and three Golf courses within minutes by car including the World famous Royal St Georges which hosts the Open Championship.

See floorplan for the current configuration and in brief the floors offer the following: Communal entrance hallway with staircase to 1st & 2nd floor apartments, entrance to the right hand side of the building which previously served as a bank which has permission should it be relevant for conversion for three further apartments and access to the existing studio/office on the left hand side of the building which has previously been occupied by an Interior design company.

The four existing apartments are currently let out on tenancy agreements ranging from 6-12 months and managed by Regal Estates and these comprise two one bedroom apartments, a two and a three bedroom apartment (two on the 1st floor & two on the 2nd floor)

So in essence if you are looking for an Investment opportunity and/or a work from home set-up or fancy a new lifestyle with perhaps your own business or just like the idea of a spacious period home located within a sought after market town then call us now for more details. (appropriate permissions and consents may be needed if the property were to become a complete residential property).

Rental income currently generated per annum £53,490 for the four luxury let apartments & the commercial studio/office.
The projection if the right hand side ground floor were to be converted into three apartments would be a rental income of circa £32,400 per annum. Giving a total rental income of circa £86,000 per annum.

Viewings strictly by appointment.

Keep track of your favourite properties, request viewings and track your offers all from the comfort of your own home or on the move.

Create a free Regal account