Investment property with retail unit and flats

An immediate income-producing commercial and residential investment opportunity comprising a ground floor retail unit with two flats above, offering a total of 1,654 sq ft. Currently producing £12,200 per annum, with a vacant self-contained one-bedroom flat offering potential for an estimated rental income of £1,500 per month (£18,000 per annum). The property is situated in an excellent trading position within a well-established commercial and residential area in Canterbury, benefiting from high pedestrian activity, excellent connectivity, and close proximity to the city centre. Number 61 Northgate is a ground floor retail unit trading as a mini market, measuring approximately 33.2 sq m (357 sq ft), let on a Full Repairing and Insuring lease for a term of 10 years from 29 May 2026 at £12,000 per annum, with a rent review in the fifth year. Number 9a Kings Mews is a vacant first-floor flat measuring approximately 40.50 sq m (436 sq ft). Number 9b Kings Mews is a second-floor flat measuring approximately 80 sq m (861 sq ft), subject to a lease for a term of 125 years from 1 June 2016 with a reversion in 2141, producing £200 per annum. This is a VAT-free purchase representing a perfect addition to any investment portfolio with significant asset management potential. The location provides easy access to Canterbury's shopping streets, restaurants, cafés, cultural attractions, and universities. Residents enjoy a wide range of local amenities including supermarkets, convenience stores, pharmacies, medical practices, banks, pubs, and leisure facilities. Transport connections are excellent, with regular local bus services operating throughout the area. Canterbury West railway station offers 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.