CT1 24 St. Margarets Street, Canterbury

Prime retail investment for sale let to Sunrise Records and Entertainment Ltd (t/a HMV) on a new 10 year lease from January 2026 at a rent of £160,000 pax.

There is a mutual break option effect March 2032.

We are instructed to seek offers in excess of £2,150,000 to reflect a Net Initial Yield of 7.00%, assuming purchaser's costs of 6.78%.

Prime retail investment

Let to Sunrise Records and Entertainment (t/a HMV) on a new 10 year lease from January 2026

CreditSafe Rating : 74 out of 100 (Very Low Risk)

Offers in excess of £2.15m

NIY : 7%

The City benefits from having two railway stations; Canterbury West and Canterbury East. The high-speed rail service from Canterbury West to London provides direct trains to London St Pancras via Ashford with a fastest journey time of 56 minutes. Canterbury East, the more central of the two stations, provides regular services into London Victoria and Dover. Gatwick Airport, the second busiest airport in the UK, is situated approximately 65 miles to the west.