Commercial Investment For Sale

High Street, Sittingbourne ME10

£235,000

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Description

A unique opportunity to purchase a freehold commercial property in Sittingbourne, Kent.

Located on Sittingbourne’s bustling high street, this two-storey commercial property measures approximately 1,622 sqft in total. The property is currently let to the well known charity, Save the Children, who are paying £15,750 per annum. The tenants have a 10 year lease from August 2017 and have a 5 year break clause coming up in August 2022.

The designated use is class E and there is no recent planning history on the property. We consider there to be potential to retain the ground floor as commercial and convert the first floor and roof space into residential under permitted development. We encourage all interested parties to conduct their own research on the feasibility of redevelopment.

Unconditional offers are encouraged in excess of £235,000.

Location

28 High Street, Sittingbourne ME10 4PD
The property is located on Sittingbourne’s main high street which has a wide range of local shops, restaurants and amenities. Sittingbourne is surrounded by other well known towns in Kent such as Rainham, Rochester and Maidstone. Sittingbourne Station is 5 minutes’ walk from the property and provides trains to London St Pancras in less than an hour and Stratford International in 50 minutes.

Accommodation

UNIT SIZE (SQM) SIZE (SQFT)
Basement 33 352
Ground Floor 78 834
First Floor 41 436
TOTAL 152 1,622

Plans