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Investment Opportunity - to acquire a Co-op convenience store investment together with four self contained flats let on ASTs.
Combined income of £50,600 per annum.
Net initial yield approx 6.87%.
Neighbourhood parade near Gillingham town centre.
Detached warehouse/industrial unit.
Approx 12,198 sq ft (1,133.19 sq m) plus substantial mezzanine.
Convenient access to Southampton Road (A36).
Potential to alter mezzanine layout.
Suit a variety of uses (stp).
Town centre shop with generous return frontage and upper storage/potential. Shop approx 695 sq ft. Additional 910 sq ft (85 sqm) of upper storage.
- Prime Cheap Street location
- En-route from main car park
- New lease - flexible terms
Former agricultural premises with planning permission for B1 (light industrial) and B8 (storage) uses. From approx 2,000 sq ft -
6,000 sq ft (186 sq m - 557 sq m)
On site parking
Range of split options considered
** Half Rent In First Year**
(subject to terms and covenant strength)
Modern end of terrace business unit 2,065 sq ft (191.9 sq m) including mezzanine
Three parking spaces
Scope to create office space
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