No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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0 bed
0 bath

Property description & features

  • Freehold Shop And Flats For Sale In Gravesend Town Centre
  • Commercial Tenant On A 20 Year Lease Since 2022
  • Currently Let With A Total Combined Annual Income Over £50,000
  • Ideal To Add To An Existing Portfolio
Freehold Shop And Flats For Sale In Gravesend Town Centre. Let With A Total Combined Annual Income Over £50,000. Commercial Tenant On A 20 Year Lease Since 2022. Ideal To Add To An Existing Portfolio.

Description - FOR SALE
Offers Over £770,000 (Freehold)

LOCATION DESCRIPTION
Sandwiched between and with 2 shopfronts to Windmill Street and Stone Street. Within 0.2 miles of Gravesend Train Station with its high-speed link to London St Pancras (journey time around 24 minutes) and set within one of the town centre's main pedestrarised street, with national brand neighbours in the street including Halifax, The Town Library, Paddy Power, Ladbrookes and Natwest Bank.

PROPERTY DESCRIPTION
Windmill Street shopfront with ground floor commercial space, currently let on a 20 year lease from Jan 2022. Rent reviews are every 5 years with mutual breaks at year 5 and 15.
Apartments accessed from stone street.
Two first floor apartments, one studio and one 1 Bed, both let on AST's.
One second floor 1 Bed apartment let on an AST
Combined total annual income - £50,700

EPC RATINGS
Commercial - B
Flat 1 - D
Flat 2 - D
Flat 3 - D

CURRENT BUSINESS RATES
Figures from the Valuation Office show a current rateable value of £13,750 per annum as at May 2023 which normally means an amount payable of between 40%-50% of this figure. Please check with the relevant local authority which is Gravesham Borough Council.

Property information from this agent

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    Established since 1851 we are an independent, multi-awarding wining estate agent located in North West Kent.  We cover residential sales, residential lettings and management, commercial sales and commercial lettings and management in Kent and South London. We are a friendly, NAEA qualified, hard-working team with a wealth of local and up to date market knowledge and we endeavour to provide our clients with a highly professional service.  Our transparent service includes No Sale/No Let = No Fee, 100% accompanied viewings, dedicated sales progressor, dedicated lettings property manager and daily rent payments to Landlords. Michael Alan Sears MNAEA MARLA MNAEA (Comm) MNAVA HIDip NDea, Managing Director, says: 'We pride ourselves in being 100% professional in all that we do and I define professionalism as putting our clients' interests before our own'. SEALEYS WALKER JARVIS - PROFESSIONALISM COMES AS STANDARD!

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    *DISCLAIMER

    Property reference 32342420. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Sealeys Walker Jarvis - Kent.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 21, 2021

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.