Land at Station Road, Station Road, Gillingham, SP8 4QA
- SIZE AVAILABLE
58,370 sq ft
5,423 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: A3 Restaurants and Cafes, C1 Hotels and C2 Residential Institutions
A3, C1, C2
Key features
- Redevelopment Opportunity
- Existing buildings / open yard space let until 25/26
- Passing rent totals £56,500 pa
Description
There is a yard and vehicle parking area to the north of the main building and then a car/van sales area at an elevated level adjoining Le Neubourg Way. The car/van sales area is let under a separate lease.
The rent passing under all three leases is a total of £52,000 pa. The leases expire in 2025 and 2026 and are held on terms outside of the Landlord and Tenant Act 1954, meaning that the tenants have no absolute right of renewal.
Further rent of £4,500 pa is received for a telecommunications mast (identified in blue on the site plan).
This property is situated on the corner of Station Road and Le Neubourg Way in the centre of the thriving north Dorset town of Gillingham.
Le Neubourg Way provides a southern relief road to the town centre and provides access to both a Waitrose and Asda supermarkets, both of which are within approximately 400 yards of the subject property.
There is a range of other commercial concerns close by, including a small retail park and an employment estate.
The main line railway station with a direct link to London Waterloo is located approximately 250 yards to the south of the site. There is also residential accommodation nearby, primarily to the south of the site.
Viewings are to be arranged via the agents.
Brochures
Land at Station Road, Station Road, Gillingham, SP8 4QA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Gillingham (Dorset) Station0.1 miles
Notes
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