Holland & Barrett Ltd, 130 High Street, Gillingham
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- High Yielding Retail Investment
- Retail Unit and Upper Parts
- Let to Holland & Barrett
- Tenant Holding Over
- HoTs Agreed for Renewal
- Asset Management Potential Via Renewal
- Prime Pedestrianised Pitch
- VAT-Free Investment
- Investment Let at £18,640 p.a. (13.3% GIY on Guide Price)
Description
Arranged as a ground floor retail unit with ancillary space to the upper parts, the property is fully let to Holland & Barrett Retail Limited on a lease which has expired. However we understand the tenant is continuing to occupy and is paying rent. We therefore consider the property benefits from asset management potential via renewal. We understand head of terms are agreed for a new three year lease.
The property occupies a prime pitch fronting the pedestrianised Gillingham High Street, the principal retail amenity for the surrounding area. The street is characterised by a mix of local and national retailers including Sports Direct, Costa, B&M and Boots.
Brochures
Holland & Barrett Ltd, 130 High Street, Gillingham
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Gillingham Station0.1 miles
- Chatham Station1.2 miles
- Rochester Station1.8 miles
Notes
Disclaimer - Property reference B31AECF0-81E5-4ADE-BF60-10D6646CAA7D. 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 Savills, Savills Auctions- Commercial. 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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