1 bed flat for sale

Park Street, Deal CT14

Commercial Property with 1-Bedroom Flat (living room converted into a second bedroom), generating £21,000 per annum.

£21,000 rent.
Long-lease.
Freehold.
Deal town centre.
The property is situated in a prominent position on Park Street, a central and well-connected area within the historic seaside town of Deal, Kent. The location benefits from a mix of residential and commercial properties, offering high foot traffic and visibility in the town centre.

The property features a well-maintained commercial space on the ground floor, with a one-bedroom flat consisting of one living room and a bathroom on the upper floor, generating a combined rental income of £21,000 per annum and equipped with a long lease of 20 years which has started from 26 May 2021. Rent review every 5 years.

Deal is a popular destination for both locals and tourists, known for its picturesque seafront, historic landmarks, and bustling high street. The property lies just a short walk from the Deal seafront and the renowned Deal Castle, making it an attractive location for businesses catering to both residents and visitors.

The area benefits from good transport links, with Deal railway station located just a 10-minute walk away, providing direct services to London, Dover, and other regional destinations. Additionally, the nearby A258 offers easy access to surrounding towns and the M2 motorway, ensuring convenient road connections for both customers and logistics.