Unit 2b, The Boathouse, Ocean Drive, Gillingham

Guide price

£50,000

Auction

Size

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Tenure

Leasehold

EPC

Parking

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Primary use
Other

No floor / site plan

Key features

  • High Yielding Retail Investment
  • Ground Floor Retail Unit
  • Let on a 10 Year Lease
  • Lease Expires 21.06.2032
  • Set Within Prominent Residential Development
  • Investment Let at £18,000 p.a. (36% GIY on Guide Price)

Description

The property comprises a high yielding retail investment with evident value-add/asset management potential.

Arranged as a ground floor retail unit, the property is let to a Private Individual t/a Dragonzlair on a 10 year lease expiring 21.06.2032 and paying £18,000 per annum.

We understand the tenant is in arrears, offering asset management potential via recovery.

The property occupies a prominent position set within an award winning residential development. The property therefore comprises the nearest retail amenity to a number of new homes, as well as a Unite student accomodation block with 1,106 beds.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

Unit 2b, The Boathouse, Ocean Drive, Gillingham

NEAREST STATIONS

National Rail

Gillingham Station

0.75 miles

National Rail

Chatham Station

1.84 miles

National Rail

Rochester Station

2.14 miles

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Disclaimer - Property reference 5A100606-0E19-46D8-9E0C-A31791EE2915. 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 National , 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.