A Residential and Commercial Investment Part-Let Producing £26,400 per annum with Vacant Possession of Two Shops (Understood to be Previously Let for a Combined Income of £29,000 per annum). ERV When Fully Let £57,400 per annum.

The property comprises two vacant ground floor commercial units with four self-contained flats to the rear ground and first floors.

Tenure

Freehold

Location

The property is ideally situated in close proximity to Gillingham town centre close to local shops and amenities. The open spaces of Hilly Fields Community Park are within easy reach. Transport links are provided by Gillingham rail station.

Current Rent Reserved £26,400 per annum. ERV Fully Let £57,400 per annum

Viewing Details

Wednesday 14th October 14:45-15:15 Friday 16th October 14:45-15:15 Wednesday 21st October 14:45-15:15 Friday 23rd October 14:45-15:15

Leasehold

False

Freehold

False

Part Vacant

False

Vacant

False

Let

False

Part Vacant

False

Addendum

The ERV's for the commercial units have been suggested by the vendor. Buyers are advised to make their own enquiries. Auction House London has not had site of any previous lease agreements. Amended Guide Price: £485,000+

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.