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Sea St - Jo Cottage & Cable Cottage 530 - 586 SF Retail Condo Units Offered at $641,645 CAD Per Unit in Whitstable CT5 1AQ
Investment Highlights
- Located in the Heart of Central Whitstable
- Whitstable Station 0.8 Miles
- Moments from Beach, Shops & Station
- Off Street Parking
Executive Summary
Sea Street lies in the heart of central Whitstable, a short stroll from the vibrant High Street and charming Harbour Street, which boast an array of boutique shops, restaurants and delicatessens. Just moments from the town centre you can meander through the town’s historic alleyways leading to Whitstable’s beautiful coastline and working harbour with fish market. Located between Whitstable and Tankerton is Whitstable Castle which is a popular attraction offering a wide range of social and cultural events along with its now celebrated ‘Regency’ style gardens. A short stroll up Tower Hill will take you to Tankerton slopes and the Castle Tea Gardens where you can enjoy stunning sea views over Whitstable Bay and the Isle of Sheppey. Mainline railway services are available at Whitstable station (0.5 of a mile distant), offering fast and frequent services to London (Victoria approximately 80mins) with high speed links to London St Pancras (approximately 73mins) and the A299 is also easily accessible linking with the A2/ M2 providing access to the channel ports and subsequent motorway network.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 8.95% |
| Sale Type | Investment |
| Cap Rate | 8.95% |
| Tenure | Freehold |
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 7.75% |
| Sale Type | Investment |
| Cap Rate | 7.75% |
| Tenure | Freehold |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Cable | 530 SF | Retail | $641,645 CAD ($1,210.65 CAD/SF) | $57,412.70 CAD |
| Unit Jo Cottage | 586 SF | Retail | $641,645 CAD ($1,094.96 CAD/SF) | $49,701.91 CAD |
Unit Cable
| Unit Size |
| 530 SF |
| Condo Use |
| Retail |
| Price |
| $641,645 CAD ($1,210.65 CAD/SF) |
| NOI |
| $57,412.70 CAD |
Unit Jo Cottage
| Unit Size |
| 586 SF |
| Condo Use |
| Retail |
| Price |
| $641,645 CAD ($1,094.96 CAD/SF) |
| NOI |
| $49,701.91 CAD |
Unit Cable
| Unit Size | 530 SF |
| Condo Use | Retail |
| Price | $641,645 CAD ($1,210.65 CAD/SF) |
| NOI | $57,412.70 CAD |
| Sale Type | Investment |
| Cap Rate | 8.95% |
| Tenure | Freehold |
| Description | |
| Cable Cottage offers bright and spacious accommodation finished to a high specification throughout and is arranged to provide an entrance hall, two double bedrooms and two shower rooms (one ensuite). To the front of the property there is an undercroft parking space with a charging point for an electric vehicle. No onward chain.</li></ul> | |
| Sale Notes | |
| Gross revenue from holiday lettings for the period between 23/06/2024 and 23/06/2025 was £31.317.09 and there is scope to increase occupancy rates.</li></ul> |
Unit Jo Cottage
| Unit Size | 586 SF |
| Condo Use | Retail |
| Price | $641,645 CAD ($1,094.96 CAD/SF) |
| NOI | $49,701.91 CAD |
| Sale Type | Investment |
| Cap Rate | 7.75% |
| Tenure | Freehold |
| Description | |
| Jo Cottage provides bright and spacious accommodation finished to a high specification throughout and is arranged to provide an entrance hall, two double bedrooms and two en-suite shower rooms. To the front of the property there is an undercroft parking space with a charging point for an electric vehicle. No onward chain.</li></ul> | |
| Sale Notes | |
| Gross revenue from holiday lettings for the period between 23/06/2024 and 23/06/2025 was £27,111.06 and there is scope to increase occupancy rates.</li></ul> |
Property Facts
| Total Building Size | 1,116 SF | Floors | 3 |
| Property Type | Hospitality | Typical Floor Size | 400 SF |
| Property Subtype | Serviced Apartment | Year Built | 2021 |
| Building Class | B | Lot Size | 0.02 AC |
| Total Building Size | 1,116 SF |
| Property Type | Hospitality |
| Property Subtype | Serviced Apartment |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 400 SF |
| Year Built | 2021 |
| Lot Size | 0.02 AC |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | - | - |
| Guest Room | 4 | - | - |
Presented by
Sea St - Jo Cottage & Cable Cottage
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