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SOLD STC

Court Street, Faversham, Kent, ME13

Guide Price
£475,000

£125.20 per sq ft

Business rates & charges may apply

BWP Commercial Property, Home Counties
SIZE AVAILABLE

3,794 sq ft

352 sq m

SECTOR

Office for sale

USE CLASSUse class orders: Class E

E

Key features

  • A rare opportunity to acquire the freehold interest of the former Barclays Bank in Faversham, Kent.
  • Faversham is a historic and sought after market town popular with London commuters and families alike.
  • The ground floor is let to Salvation Army on a new lease commencing 2nd June 2023, for a period of 10 years at a rent of £22,000 per annum.
  • Vacant 1st and 2nd floors, independently accessed and currently laid out as offices which have been subject to a comprehensive refurbishment.
  • VAT not applicable.
  • Grade II Listed
  • New 999 Year Lease.
  • Scope to convert upper floors to residential subject to planning consent or for a range of uses under Class E.

Description

Location
The Property is located on the West side of Court Street in the center of the town. There are many independent occupiers located near by as well as a number of national brands in the town.
Faversham is a historic market town located on the Old Dover Road in Kent. Faversham is serviced by direct trains to both London Victoria and London St Pancras, journey times are a little over 1 hour and it is a popular route with commuters.

Description:
4 Court Street is a Grade II listed freehold building in central Faversham. The basement, ground floor and first floor kitchen has been let to the Salvation Army on a new 10 year lease from June 2023 at a rent of £22,000 pa. There is a mutual break at Year 5.

There are two vacant upper floors which are independently accessed off Court Street and measure approx. 2053 sq ft GIA, these are currently arranged as six offices suites with newly fitted ladies and gents W.C's, and a staff Kitchen. Both floors have recently been subject to a comprehensive refurbishment by the present owner to an excellent standard and are ready for occupation.

Planning & Development:
The 1st and 2nd Floor currently has Class E(a) use. However offer scope for conversion to residential subject to the usual consents.

Brochures

Court Street, Faversham, Kent, ME13

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Faversham Station0.3 miles
  • Selling Station3.5 miles
  • Teynham Station3.8 miles

Notes

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Disclaimer - Property reference 4aCourtStreet. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BWP Commercial Property, Home Counties. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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