This property is no longer on the market
Residential development
Property description & features
- Tenure: Freehold
- Town centre location
- Conversion / Development opportunity
- Parking
- Income producing
We are offering this entire building for sale, with the benefit of the investment income from the ground floor café with basement and vacant residential upper floors, plus parking for one car and a stand alone garage.
The ground floor and basement is let for a term of three years from 01 March 2023 producing an income of £12,000 PAX. Further details and copy lease on request.
The first second and third floors are vacant and are made up of eight rooms plus kitchen, bathroom and WC making this an ideal property to be converted into self contained flats or HMO'S, subject to the necessary planning consents. Access to the residential accommodation is via the alleyway to the left of the property for both pedestrians and vehicles with rights granted to the freeholder.
Price £500,000 Freehold. Planning all purchasers to make there own enquires to check the relevant planning / use class.
Rates : Enquiries should be made directly to Medway council for the rates payable.
Legal costs: Each party to be responsible for there own legal costs.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 26394365. 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 Greyfox Sales & Lettings - Walderslade.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
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.