Retail premises for sale in High Street, Canterbury CT1

Just added
Guide price £6,000,000 (£143.48/sq. ft)
Interested in this property? Call +44 20 3007 0694 * or Request Details

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Retail premises for sale

41,818 sq. ft*

Property features

  • The site extends to approx. 0.96 acres (0.388 hectares)
  • The site comprises the former Nasons Department Store
  • The site comprises of interconnected warehouses and commercial buildings
  • A rare planning permission has been granted for a mixed-use scheme
  • 33 self-contained apartments, 32 serviced apartments, and commercial space
  • The proposed scheme includes a market style hall, public square & other features
  • The proposed total nsa is approx. 7,239.97 sqm (77,930 sqft)
  • Offered for sale freehold with vacant possession upon legal completion

Property description

The property comprises the former Nasons department store, which is currently unoccupied, and spans over 50,000 square feet.

It is composed of multiple buildings that face both the High Street and White Horse Lane, with pedestrian access from St. Margaret's Street.

The site has a generally L-shaped layout and includes a group of interconnected warehouses and commercial buildings. These structures were last used by the furniture department store until it closed in September 2018, dating back to the 1960s.

Apart from the three-storey No.46 High Street, which is a Grade II Listed building and served as the main retail area of the Nasons store, the rest of the buildings on the site are a varied collection of mostly two-story structures. They vary in age and quality, with many previously having an industrial character.

A 3D tour can be explored by clicking a link within the brochure. (Please note that following the 3D scan, the property has since been cleared internally).

The site benefits from planning permission for a mixed-use development consisting of 33 self-contained apartments, 32 serviced apartments, and approx. 2,397 sqm (25,801 sqft) of commercial space comprising retail, restaurant, offices and flexible/community space.

The proposed scheme includes a market style hall, public square with gardens & many other features which will see the scheme become a focal point within the city centre.

The property is offered for sale on behalf of fixed charge receivers and will be sold freehold with vacant possession upon Legal Completion.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
GLPG, W1H on +44 20 3007 0694 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by GLPG, and do not constitute property particulars. Please contact GLPG for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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