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Commercial Properties For Sale in Chatham, Kent
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30 Bryant Street, Chatham, Kent
A superbly located freehold development site in one of Medway's most well-known areas, Chatham, just minutes from the station and High Street. The development site itself is a cleared site, and extends to c.0.13 acres, which benefits from planning consent to construct a 6-storey building comprising 24x all private apartments. The site is being sold unconditionally and will appeal to developers looking to either build and resell, or build to rent, with an expected yield to be c.9/10% (subject to construction costs) based on private market rents, allowing for a buyer to refinance the building and add the 24x apartments into their portfolio.
Residential Development
- Freehold Development Site with planning for 10x 1-bedroom & 14x 2-bedroom apartments.
- 0.3 mile to Chatham High Street & 0.4 mile to Chatham Station.
- GDV Resale Value c.£5m (c.£315 p/sqft).