28 High Street, Snodland | Property for sale | Savills
Guide price £360,000

28 High StreetSnodland

  • Sole agency
  • Freehold
Investment
Yield 11%Yield

Key features

  • Three storey building
  • Upper parts comprise of a 2 bedroom and a 1 bedroom flat
  • Investment let at £36,700 p.a. (10.19% GIY on guide)
  • Ground floor let to Coral on a new 10 year lease from 2025
  • Fully let and producing a total rental income of £36,700 p.a.

Of interest to investors. A mixed use investment comprising a commercial unit on the ground floor and one two bedroom flat and one one bedroom flat on the upper parts. Located in Snodland, Kent The property is fully let and producing a total rental income of £36,700 p.a.

About this property

  • A three storey building comprising of a commercial unit on the ground floor let to Coral on a new 10 year lease from 2025 producing £17,500 p.a. The upper parts comprise of a 2 bedroom flat on the first floor currently let and producing £9,600 p.a. and a 1 bedroom flat on the second floor producing £9,600 p.a.. The property is fully let and producing a total rental income of £36,700 p.a.

Local information

  • This building is situated among a variety of shops on a bustling high street in Snodland, Kent, surrounded by a mix of commercial and residential areas. It is located opposite a Co-operative Food Store and near independent businesses serving the local community. Snodland is conveniently positioned for commuting between Maidstone and Rochester, with easy access to the A2, M2, and M20 motorways.
  • Transport
  • Snodland - 0.3 miles
  • New Hythe -1.3 miles

Additional information

  • Accommodation
  • We understand that the property comprises of the following:
  • Ground floor - Commercial unit
  • First floor - Flat A - Rear entrance hall, living room, two bedrooms, kitchen and bathroom, toilet
  • Second floor - Flat B - Rear entrance hall, living room, one bedrooms, kitchen and bathroom, toilet