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61  Northgate and 9a-B Kings Mews  Canterbury, Kent

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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

IMMEDIATE INCOME PRODUCING INVESTMENT Ground floor retail unit with 2 flats above Total 1,654 sq ft producing £12,200pa with Vacant self contained 1bed flat rent potential £1,500pm £18k pa

61 Northgate -Individual (t/a mini market) Ground Floor 33.2 sq m (357 sq ft) FRIL 10 years from 29.05.2026(2) Rent review every 5th year (2031) £12,000 per annum

9a Kings Mews Vacant First Floor Flat 40.50 sq m (436 sq ft) 9b Kings Mews Second Floor Flat 80 sq m (861 sq ft) Subject to a lease for a term of 125 years from 01.06.2016 Reversion 2141 £200pa

PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £12,200 PER ANNUM with vacant flat. ***VAT FREE PURCHASE***

EXCELLENT LOCATION Well-established commercial and residential area in Canterbury, benefiting from high pedestrian activity, excellent connectivity, and close proximity to the city centre.

IMMEDIATE INCOME PRODUCING INVESTMENT Ground floor retail unit with 2 flats above Total 1,654 sq ft producing £12,200pa with Vacant self contained 1bed flat at first floor rent potential for flat £1500 month = £18,000pa. ASSET MANAGEMENT OPPORTUNITY 61 Northgate -Individual (t/a mini market) Ground Floor 33.2 sq m (357 sq ft) FRIL 10 years from 29.05.2026(2) Rent review every 5th year (2031) £12,000 per annum 9a Kings Mews Vacant First Floor Flat 40.50 sq m (436 sq ft) 9b Kings Mews Second Floor Flat 80 sq m (861 sq ft) Subject to a lease for a term of 125 years from 01.06.2016 Reversion 2141 £200pa PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £12,200 PER ANNUM with vacant flat. ***VAT FREE PURCHASE*** EXCELLENT LOCATION Well-established commercial and residential area in Canterbury, benefiting from high pedestrian activity, excellent connectivity, and close proximity to the city centre.

Situated in the Northgate area of Canterbury, a highly desirable location just a short walk from the historic city centre. The property benefits from easy access to Canterbury's shopping streets, restaurants, cafés, cultural attractions, and the city's renowned universities. The area combines a peaceful residential setting with the convenience of being close to everyday services and the city's main amenities. Residents have access to a wide range of local amenities, including supermarkets, convenience stores, pharmacies, medical practices, banks, cafés, pubs, and leisure facilities. Canterbury city centre also offers extensive retail outlets, entertainment venues, parks, and recreational spaces, while nearby schools and educational institutions make the area attractive to both families and students. The property enjoys excellent transport connections. Regular local bus services operate throughout the Northgate area, providing convenient access across Canterbury and surrounding towns. Canterbury is served by two railway stations, with Canterbury West offering high-speed services to London St Pancras and regional destinations, while Canterbury East provides connections across Kent. Major roads, including the A28 and A2, are easily accessible, offering convenient routes to nearby towns, the M2 motorway, and the Kent coast.

Full Address: 61 Northgate and 9a-B Kings Mews, Canterbury, Kent, CT1 1BB

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 5 Years
Rent: £12,200 per year / £1,017 per month
Yield: 6% (approx)
Tenant: Private Individual
Notes: Retail Unit FRIL at £12,000 per annum First floor flat - Vacant Second floor flat Subject to a lease for a term of 125 years from 01.06.2016 Reversion 2141 £200pa

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Pricing Information & Bidding

Opening Bid: £221,000

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SPECIAL Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Buyers Fee = 3% of Sale Price (Minimum £4,000 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

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* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 23 July 2026, 10am-3pm
Type: Timed Online Auction

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