This property is no longer on the market
Residential development
Property description & features
- Tenure: Freehold
- Excellent Town Centre Location
- Planning Permission for 8 Flats
- Strip out works commenced
- Suit Developer/Investor
Of interest to Developers/Investors – Prime High Street Location with planning for 8 flats. This freehold building is situated in a prime position within Chatham High Street opposite T K Maxx and with Sports Direct, Greggs, Nat West, H Samuel and many other retailers close by. The property is over ground and first floors, with a large double fronted ground floor retail unit and ancillary accommodation above previously used for staff and storage.
With the face of retail changing so much in the High Street, this building suits conversion into residential above and a small build to the rear to utilize the land fully, leaving a good size retail unit to the front. Planning was granted by Appeal in February 2018 under MC/17/1630 with some conditions. Works have already commenced on the development.
Planning MC/17/1630 Demolition of part of the ground floor rear section to the existing shop and construction of a three storey rear extension and change of use from storage to residential use to create four 1 bedroomed and one 2 bedroomed flats together with the construction of a detached three storey apartment building to the rear of the site incorporating three 1 bedroomed flats and a new access to the side of the shop, communal garden between the rear of the shop and the new build apartment together with the provision of bin storage, cycle storage and associated works
Price for the freehold £550,000-£600,000
This development would suit a small developer/investor.
Legal Costs: Each party to bear their own legal costs.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 27274450. 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.