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41 St Georges St Local commercial 2 571 m² À vendre Canterbury CT1 2LE 3 050 848 € (1 186,68 €/m²) Taux de capitalisation 9 %

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Résumé analytique

41 St George’s Street comprises a prime retail investment in the heart of Canterbury’s pedestrianised shopping core, occupying a highly prominent corner position directly opposite the 116,000 sq ft Fenwick department store. The property provides 27,673 sq ft arranged across ground, first and second floors, with the vendor having recently undertaken significant capital works, including a new roof with a 10-year insurance-backed warranty. The building is let in its entirety to Mountain Warehouse Ltd on a brand-new 11-year lease from 15 August 2025, reflecting a strong and secure income profile. Held long leasehold with approximately 124 years unexpired, the property produces a net income of £249,530 per annum, supported by the covenant strength of Mountain Warehouse, which carries a CreditSafe rating of A-99 (‘very low risk’). Positioned within Canterbury’s prime retail spine and surrounded by leading national retailers, the asset offers a rare opportunity to acquire a robust, well-located retail investment in one of the South East’s most historic and affluent cathedral cities.

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