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14 bedroom commercial development for sale

High Street, Chatham, Kent, ME4 4BA

Guide Price* £650,000

Property Description

Key features

  • A Substantial Freehold High Street Redevelopment Opportunity Comprising a Double Fronted Four Storey Building Currently Arranged as a Ground Floor Retail Unit with Ancillary Accommodation to the...

Full description

Tenure: Freehold

Withdrawn Prior to Auction Guide Price = £650,000+

**For Sale By Auction 18th July 2018 12:00 PM To inspect the legal documents for this property go to our website to download the legal pack**

A Substantial Freehold High Street Redevelopment Opportunity Comprising a Double Fronted Four Storey Building Currently Arranged as a Ground Floor Retail Unit with Ancillary Accommodation to the Upper Floors. Offered with Planning Permission for Conversion and Redevelopment to Provide Further Commercial Premises and a Total of Twelve Self-Contained Flats.

The property occupies a prominent position on the High Street in Chatham amongst local shops and amenities. Nearby multiples include TK Maxx, Sports Direct, Greggs Bakers and Natwest. Transport links are provided by Chatham rail station.

The property comprises a ground floor double fronted retail unit with ancillary accommodation above within a mid terrace building arranged over ground and three upper floors with planning permission granted for extensive redevelopment.

Accomodation Schedule

153-155 High Street (Frontage)GroundDouble Fronted Commercial/ Retail Space. Planning Granted for a Single Storey Extension to the Rear (extending the commercial area by an additional 22.75m)
153-155 High Street (Frontage)First, Second & ThirdExisting Ancillary Space. Planning Granted for Residential Conversion to Provide Five Self-Contained Flats (1 x 2 Bed, 2 x 2 Bed & 2 x Studio Flats)
153-155 High Street (Mid Section)First, Second & ThirdThree Storey Development (over the rear commercial extension) to Provide Three Self-Contained Flats (2 x 2 Bed & 1 x 1 Bed Flats)
153-155 High Street (Rear)Ground, First, Second, ThirdDetached Four Storey Development to Provide Two Self-Contained Flats (1 x 2 Bed & 1 x 1 Bed Flats) & Two x One Bed Maisonettes.

The Planning Inspectorate granted the following planning permission on appeal (ref: APP/A2280/W/17/3183972) on the 26th February 2018: For the refurbishment of commercial property on ground floor with a new shop front. Demolition of the first floor of the existing rear extension & construction of a further 22.75m single storey rear extension to the commercial unit. Conversion to the frontage of the building to provide 5 units, together with a further 3 storey block of 3 units over the mid area of the roof & a four storey block of 4 units on the rear area of the roof of extended commercial unit (Medway Council Ref: MC/13/2877).

Viewing Times
Open House Viewings:
Thursday 5th July 17:00-17:30
Saturday 7th July 13:00-13:30
Tuesday 10th July 12:00-12:30
Wednesday 11th July 10:00-10:30
Sunday 15th July 13:00-13:30

Map & Street View

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