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9 Military Road, Chatham, Kent Mixed use for sale
9 Military Road, Chatham, Kent
£325,000
Our Summary
- A town centre investment opportunity producing over a 12
- Residential EPC: CCommercial EPC: CImportant:All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers
- Auction Date : 20 March 2025
- For Sale by Online Auction
Description
This investment opportunity in the town centre is a rare find, offering a 12.5% return if purchased at the guide price. The property consists of a ground floor commercial unit, currently a phone and vape shop, and three one-bedroom flats above. The flats are all let and in good condition, with gas heating systems and double-glazed windows. The retail unit has a 10-year commercial lease, expiring in 2031, and the flats are let on Assured Shorthold Tenancy Agreements. The property has a fully integrated fire alarm system and a new roof, and is situated in a prime location near the bus station and shopping centre. With a strong potential for rental income and a competitive guide price, this investment opportunity is not to be missed.