24 High Street, Sittingbourne, Kent ME10 4PD
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Wednesday 25 February
- Freehold two storey terraced building
- Ground floor retail unit let at £12,000 per annum
- Self-contained two bedroom flat on the first floor let at £8,220 per annum
- High Street mixed use investment
- Asset management opportunity
- High Street location
- 10.3% Gross Initial Yield at Guide
- In the same ownership for over 20 years
- Investment let at £20,220 per annum
Description
StrapLine
Auction Sale - 24/02/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteFreehold two storey terraced building arranged as a ground floor retail unit let at £12,000 per annum, with a self-contained two bedroom flat on the first floor let at £8,220 per annum.
High Street mixed use investment producing £20,220 per annum
Asset management opportunity
10.3% Gross Initial Yield at Guide
Description
A traditional two storey terraced building with a rendered brick facade and a parapet wall, under a pitched and tile covered roof. Separate street access to the self-contained first floor flat.
Joint Agent: Paula Horton
Grey Fox. Telephone
Location
Situated to the north side of High Street, close to the junction with Does Ally.
Forming part of Sittingbourne's principle shopping area.
Other nearby occupiers include Iceland, Betfred together with many other local independent traders. The George Public House is closeby together with several other restaruants and coffee shops.
Transport
Sittingbourne Station - National Rail
Tenancy
The ground floor shop is let on a 5 year lease from 7/02/2025 at a rental of £12,000 per annum.
The first floor flat is let on an assured shorthold tenancy from 09/01/2026 at a rental of £680 per calendar month.
Accommodation
Ground floor shop - Sales area, Wc, Approximate area 67 sq m (721 sq ft)
First floor flat - Two bedrooms, Reception room, Kitchen, Bathroom/wc
24 High Street, Sittingbourne, Kent ME10 4PD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sittingbourne Station0.2 miles
- Kemsley Station1.6 miles
- Teynham Station3.0 miles
Notes
Disclaimer - Property reference 218-21337. 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 Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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