High Street, Gravesend, Kent

Freehold For Sale. Prime retail in Heritage Quarter. Mixed use: shop and 3 x 2 bedroom flats. Estimated Rental Value £60,000 per annum. Land to rear with potential. Shop with basement and E Class Use.

Description - FOR SALE
£650,000 FREEHOLD

LOCATION DESCRIPTION
Located in the High Street at the heart of Gravesend's historic Heritage Quarter is this mixed use property, just north of the Borough Market entrance. Gravesend Station is within 0.3 miles to away (linking to London St Pancras, journey time around 25 minutes). The A2/M2 is around 2.5 miles to the south, linking to The M25 and Dartford River Crossing.

PROPERTY DESCRIPTION
This freehold mixed-use property features a ground floor shop with basement fronting the High Street, with three 2-bedroom self-contained flats in a high standard of refurbishment. At the time of going to market, one flat is vacant, one is due imminently to fall vacant and the third is tenanted. The shop is currently tenanted with a rent review due. Current income estimated at £60,000 per annum but currently one flat is let at £9,600 per annum and the shop is subject to a lease at £9,000 per annum.

CURRENT CLASS OF BUSINESS USE The Landlord advised the current class of business use is an "E" Category Use. Interested parties are to seek clarification from the location authority.