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No longer on the market

This property is no longer on the market

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2 bedroom property

Auction
Property
2 beds
Added > 14 days

Key information

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BroadbandUltra-fast 330Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • By Order of the Joint Fixed Charge Receivers
  • Freehold mided use building with part vacant possession
  • Double shop unit let to a charity t/a Gillingham Street Angels with an unexpired term of 4 years
  • First floor residential accommodation arranged as four self-contained flats (2 x two bedroom, 2 x one bedroom) requiring refurbishment
  • Currently producing £30,000 per annum (Plus vacant flats)
  • BLOCK VIEWING 11am on 10th SEPTEMBER and 18th SEPTEMBER
  • Online Auction on Thursday, 19 September 2024

The property comprises a two storey property of traditional construction, arranged as a double fronted ground floor shop wiith separate front access to residential accommodation on the first floor.  This is arranged as four self-contained flats (2 x two bedroom and 2 x one bedroom), and they all require complete refurbishment.  Some improvement works have already been started, so the condition is currently relatively poor with some rubbish on the floor that will need to be cleared from the building.


Location:

Gillingham is located approximately 3 miles east of Rochester and 11 miles north of Maidstone, to the south of the River Medway and forms a conurbation with neighbouring towns Chatham, Rochester, Strood and Rainham.

The town has a large street market in the High Street on Saturdays and Mondays.

The property is situated on the west side of Skinner Street, close to the junction with Jeffery Street (A231).  The property forms part of a local shopping parade, with nearby local traders as well as larger national occupiers including Burger King and BetFred.


Online Auction on Thursday, 19 September 2024. For further information, such as legal documents and property information, please visit bidx1.com.
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About this agent

BidX1 - Nationwide Auctions
BidX1 - Nationwide Auctions
Henry Wood House, 4-5 Langham Place London W1B 3DG
020 8033 0374
Full profileProperty listings
BidX1 are market-leaders in the digitalisation of property transactions, allowing buyers and sellers across the globe to complete transactions online in the most efficient and transparent manner. We combine industry-leading property expertise with proprietary technology to provide unparalleled levels of transparency, analytics and global reach, challenging the traditional process of marketing and transacting real estate. Our technology facilitates end-to-end online transactions, from listing to exchange of contracts.  To date BidX1 has sold over 20,000 properties through their digital platform, attracted visitors from 173 countries and buyers from 32 countries. A total value of £4 billion worth of property sold has been sold via our digital platform.  BidX1 currently operates in the UK, Ireland, and Cyprus, with further expansion into other European markets planned to meet the demand for an alternative to existing sale processes. BidX1 has a varied customer base, including multiple institutional investors, banks, listed vehicles, receivers, liquidators and propcos, as well as individual private sellers wishing to avail of the transparency and data that the digital platform provides.  Their innovative approach has earned them recognition in the form of a number of accolades, including the Irish Times' New Frontiers Award 2018 and the Investment Award 2018 at the Estates Gazette Tech Awards. BidX1 has also been shortlisted for Newcomer of the Year and Proptech Innovator of the Year at the Property Awards 2019 as well as for Proptech Company of the Year at the PROPS Awards 2019.
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