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3 bedroom commercial property for sale

High Street , Chatham

£280,000

Property Description

Key features

  • MIXED-USE COMMERCIAL AND RESIDENTIAL PROPERTY
  • LARGE SHOP FRONT IN A PROMINENT LOCATION
  • THREE BEDROOM DUPLEX ON UPPER FLOORS
  • FURTHER INCOME FROM BILLBOARD
  • SHOP BENEFITS FROM KITCHEN, STORE ROOM AND CELLAR
  • FULLY LET TARGET YIELD 6.75%
  • 1736 SQ FT / 161.3 SQ M
  • EPC E

Full description

MIXED-USE COMMERCIAL AND RESIDENTIAL PROPERTY IN A PREMIER POSITION ON CHATHAM HIGH STREET. SHOP AND STORE ROOM WITH CELLAR, THREE BEDROOM DUPLEX ABOVE, FURTHER INCOME FROM BILLBOARD LEASED TO A MAJOR ADVERTISING FIRM.

This very well positioned mixed-use commercial and residential property sits on the corner of Chatham High Street and New Road a great spot for passing traffic and pedestrians. It also benefits from an income stream from a permanent billboard in a high visible location adding a further income stream to the owner.

Downstairs is a large shop front with store room, kitchen, wc and large cellar, it also benefits from a fitted metal roller to the front allowing extra out of hours security.

To the upper floors is a Three Bedroom duplex flat. To the first floor is a large Sitting Room/Kitchen, double bedroom to the rear and wc. To the top floor are two further double bedroom, the main bedroom being a large double with window to the fron and fitted wardrobe and a bathroom with separate bath and shower (to be fitted).

There is a small garden enclosed by a wall and separate gated access.

The duplex flat and rear of the shop are accessed via a separate entrance to the side of the property and the flat is secured by a further door allowing both areas to be let securely.

On the market for the first time in over 13 years, this offers a great opportunity for investor owners to expand their portfolio with a prime acquisition.


More information from this agent

Energy Performance Certificates (EPCs)

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