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Crispins Of Rye, 75 The Mint, Rye, Rye, TN31 7EW

Guide Price £425,000Freehold

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Key Information

Tenure:Freehold
Council tax band:E
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Attached Grade II Listed Retail / Residential property
Superb trading location in heart of historic Rye
Freehold with vacant possession / NO CHAIN
Arranged over 3 floors with basement & courtyard
Retail shop, office, store/stock room & toilet ground floor
Two bedroom self-contained apartment above
Potential as a holiday let / rental / permanent home
Rye boasts many independent thriving businesses
Romney Marsh & coast a stones throw away
Mainline railway station with lines to Brighton & Ashford International connecting with High Speed to London

Description

Shop and residential premises. A deceptively spacious Grade II Listed attached three storey Freehold property with basement, which combines a retail shop on the ground floor with two bedroom apartment above, and benefits from being located in a prime trading position in the heart of the historic citadel of Rye

This lovely period building, with its prominent frontage and superb trading location comprises a retail shop, office area, store and toilet on the ground floor, formerly an established shoe shop, and a two bedroom self-contained apartment to the first and second floors, which has previously been a successful holiday let.                                      

There is also a useful basement for additional storage and a rear courtyard which can be accessed separately from the shop or via a rear gate.  Although the existing shop is long established, the space available on the ground floor offers enormous potential for a variety of uses, subject of course to the necessary licenses and permissions, and the accommodation above could not only generate an income as a holiday let but could alternately provide permanent residential accommodation for long term tenants or anyone wanting to live above the business.

 

The property’s location means that it is brilliantly situated to take full advantage of the town’s amenities and considerable passing trade, both local and tourist. Please note there is NO CHAIN and this property comes                       with full vacant possession

Shop Front and Retail Space 12' 9" x 11' 2" (3.89m x 3.40m)
The entrance door opens into the main retail space which is bursting with period appeal and has a large square bay window to the front. An electric shutter can be brought down when the shop is closed to divide this space, securing the shop on one side and providing a passage way on the other to the entrance to the apartment above.

SHOP AREA / OFFICE 11' 0" x 10' 5" (3.35m x 3.18m)
An open archway leads through to the rear shop area / office from where the store / stock room and cellar can be accessed. French doors at the back open onto the small outside courtyard area beyond.

Store / Stock Room 11' 5" x 4' 11" (3.48m x 1.50m)
A useful storage space which is handily positioned to the rear of the office area. The boiler is housed in this room. Plumbing for washing machine. Sliding door to cloakroom.

Cloakroom 5' 6" x 2' 10" (1.68m x 0.86m)
Comprises a wash basin and WC.

Cellar 11' 10" x 6' 10" (3.61m x 2.08m)
A door from the office opens onto stairs that lead down to the cellar, currently used as additional storage space.

Apartment
A door from the retail area at the front of the property gives access to the self-contained apartment on the first and second floors above. A small lobby area at the top of the stairs provides space for cloaks. Door to kitchen.

Kitchen 7' 3" x 5' 11" (2.21m x 1.80m)
Fitted wall and base units with laminate worktops. Sink with drainer and mixer tap. Space for freestanding cooker and under counter fridge. Doors to sitting room and bathroom and stairs to second floor.

Bathroom 5' 3" x 4' 8" (1.60m x 1.42m)
Comprises a panelled bath with shower over, wash basin, WC and heated towel rail.

Sitting / Dining Room 12' 4" x 11' 2" (3.76m x 3.40m)
This spacious room, with its beautiful feature fireplace and window to the front giving lovely views over The Mint below, is a wonderful place to sit, relax, eat and watch the world go by.

Second Floor Landing
Stairs from the first floor lead to a landing on the second floor which gives access to the two bedrooms. Loft hatch and built-in cupboard.

Bedroom 1 12' 3" x 11' 0" (3.73m x 3.35m)
A good size double bedroom with pretty feature fireplace and window to the front giving lovely views over the rooftops of Rye and the countryside beyond. Built-in wardrobe. Cupboard housing hot water cylinder.

Bedroom 2 10' 9" x 7' 0" (3.28m x 2.13m)
A single bedroom with built-in wardrobe and window to the rear giving a different perspective of Rye's historic centre.

Outside
To the rear of the ground floor there is a small courtyard area which has a gate leading to a pathway at the back, over which we understand this property has a right of way.

Services
Mains: water, electricity, gas and drainage. EPC: Exempt. Local Authority: Rother District Council.

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(0.26 miles)
Number of pupils: 302
Age Range: 2 - 11
Rye College
(0.32 miles)
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St Michael's Church of England Primary School
(1.47 miles)
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Age Range: 5 - 11
St Thomas' Church of England Aided Primary School
(2.11 miles)
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Number of pupils: 137
Age Range: 5 - 11
Peasmarsh Church of England Primary School
(2.25 miles)
Good
Number of pupils: 95
Age Range: 4 - 11
Icklesham Church of England Primary School
(3.68 miles)
Good
Number of pupils: 141
Age Range: 2 - 11
Wittersham Church of England Primary School
(4.37 miles)
Good
Number of pupils: 136
Age Range: 4 - 11
Beckley Church of England Primary School
(4.78 miles)
Good
Number of pupils: 92
Age Range: 5 - 11
Buckswood School
(5.28 miles)
Number of pupils: 274
Age Range: 10 - 19
Brookland Church of England Primary School
(5.59 miles)
Good
Number of pupils: 88
Age Range: 4 - 11

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£2,236 /mo.25 Years, 5% Interest
Loan
£382,500
Total Repay
£670,817

Stamp Duty

You’ll have to pay the stamp duty of:
£8,750
0% up to £250,000
5% between £250,000 and £925,000
Your effective stamp duty rate is 2.06%
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