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PropSale

Property for sale / Canterbury

Commercial · For sale

The Worthgate School, Canterbury – Long Income School Investment

56-60 & 68 New Dover Road, Canterbury, Kent, CT1 3DT

Guide price £8,460,000

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Tenure
Freehold
Added
18 Oct 2026

About this property

Key points: - Opportunity to acquire a long income investment let to a leading. - Located in the affluent and historic cathedral city of Canterbury, 60 miles south-east of central London. - 56-60 & 68 New Dover Road comprise the majority of the campus. - A total of 51,701 sq ft (GIA) providing teaching space and student accommodation (73 en-suite bedspaces across 51 single rooms and 11 twin rooms). - Two co-terminous full repairing and insuring leases assigned to Cambridge Arts & Sciences Limited (CATS), with an Authorised Guarantee Agreement from Cambridge Educational Group (CEG). - Both leases have a tenant's option to renew for a further 15 years at lease expiry. - Strong underlying alternative use values given the affluent neighbourhood and proximity to the city centre, subject to obtaining any necessary consents.

Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.

Features

  • Topped-up Rent: £767.9k pa
  • Net Initial Yield: 8.50%
  • Tenure: Freehold

Location