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Commercial property for sale

Tesco Express, 614 Lords Wood Lane, Chatham

Guide Price
£1,350,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
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SECTOR

Commercial property for sale

Key features

  • Freehold Long Let Supermarket and Ground Rent Investment
  • Recently developed site with new leases
  • Commercial let on new 15 year lease to Tesco Stores Limited
  • Majority let to Tesco Stores Limited until 2040 (no breaks)
  • Future development potential at rear site (subject to necessary consents)
  • Investment let at £95,800 pa (7.10% on Guide Price)

Description

The property comprises a recently developed, three storey building arranged as a ground floor supermarket let to Tesco, together with residential upper parts which have been sold on a long lease. The site benefits from plenty of parking together with a plot at the rear which may be suitable for future development (subject to necessary consents).



Chatham is an attractive town approximately 32 miles south-east of London (approx. 40 minutes by train). The property is situated approximately 3.5 miles south of Chatham, in the area of Lordswood. The property is located in a predominantly residential location, with nearby occupiers including Sherlodge Garage (Shell) and Lordswood School.

Brochures

Tesco Express, 614 Lords Wood Lane, Chatham

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chatham Station2.9 miles
  • Gillingham Station3.3 miles
  • Rochester Station3.7 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference 27FD3B4C-B2A3-451D-AEC9-2FFB27599892. 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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