Retail in TN29

High Street, Dymchurch, Romney Marsh, Kent, TN29 0NL

Starting Bid
£350,000

Sold

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • Business opportunity
  • Self contained residential unit
  • Scope for expansion
  • Positioned a short step away from the beach
  • Viewing is highly recommended
  • Potential for either expansion or redevelopment (STPP)

Retail in TN29

*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction this business opportunity with self-contained residential unit, existing business with scope for expansion or redevelopment into several units, longstanding business.

The property, business, equipment and stock at value is available for sale on a freehold basis.

Positioned a short step away from the beach this longstanding and popular business offers tremendous potential for either expansion or redevelopment of the extensive premises.

We understand that the current owner is willing to include the benefit of the existing business, sale of beach goods, ice-cream etc. within the freehold sale and we are told that this provides a good seasonal turnover with healthy net profit – we have been unable to verify the business viability and advise all interested parties to seek further independent confirmation.

The current arrangement may suit someone looking for a business with living accommodation above or investor looking to further exploit the potential on offer.

Alternatively, as a multi-functional premises, subject to the necessary change of licensing, opportunity may exist for a Take-Away, Airbnb, holiday home by the sea (literally steps from the sand, sea and shops).

Viewing is highly recommended – strictly by appointment, to fully appreciate the full scope of this property.

Please note we have not inspected this property.


Summary

  • Property Type: Retail
  • Tenure: Freehold
  • Parking: On Street

Location

Situated within the very centre of Dymchurch, this popular coastal resort attracts thousands of visitors, positioned in arguably the best location with direct sea views from the upper balcony, and with an excellent trading position directly opposite the main entrance to the beach. Dymchurch attracts thousands of holidaymakers, tourists, day-trippers daily and, being so close to other attractions, makes it an extremely desirable location. There is huge expansion and growth in the area which will attract even more footfall to the village.

Accommodation

Built over three floors, basement storage fronting the main road, ground floor trading area with frontage onto the beach slip-way and upper residential use over two floors currently allowing for a generous two bedroom, two bathrooms apartment. Further space exists on the upper floors – currently used as storage, to convert into an additional residential unit with approved plans available for consideration.

In addition to the business premises the upper floors provide for a generous sized self-contained two bedroomed apartment with large balcony having sea views, we understand that this has been successfully rented out providing an income of £14,400/pa. Further storage space also exists at this level with potential for an additional flat.

Tenure

Freehold. Title number K600956.

Rateable Value

The current rateable value is £10,250 (1 April 2023 to present).

Sourced from VOA.

EPC

Shop: We are awaiting a copy of the energy performance certificate.
Flat: Rating D (available upon request).

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.