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Northwood Drive, Sittingbourne, Kent... 2 bed property for sale
Northwood Drive, Sittingbourne, Kent, ME10 4QJ
£275,000
Northwood Drive, Sittingbourne, Kent, ME10 4QJ
£275,000
Our Summary
- *We are pleased to offer to auction this prime freehold retail premises with investment potential
- An excellent opportunity to acquire a freehold retail premises currently operating as a hairdresser, with potential for a change of business use (subject to planning)
- Additionally, the flat above is available for purchase through Pattinsons auction, offering further investment potential
- Also included is a Two-Bedroom Flat with Parking and Excellent Rental PotentialThis well-maintained two-bedroom flat is currently let on a periodic tenancy at £800 per calendar month, with the potential to increase the rent to £900–£1,000 pcm
- The flat is leasehold and positioned above a commercial unit, which holds the freehold and is being sold separately via auction
- Investment potential
Description
For sale via secure online bidding, this prime freehold retail premises offers an excellent opportunity to acquire a vacant property with potential for a change of business use, subject to planning. Located in a busy parade of shops on Northwood Drive in Sittingbourne, the property benefits from high footfall and a strong residential catchment area. The property has previously operated as a hairdresser, but the business will cease trading on May 31st or earlier, making it available for the next owner. The property also includes a two-bedroom flat above, which is currently let on a periodic tenancy at £800 per month, with potential to increase the rent. The flat is leasehold and is being sold alongside the commercial unit below, offering a rare opportunity for investors to acquire both properties and increase long-term value. The property features gas central heating, double glazing, and allocated parking, and is located in a sought-after area close to schools and local amenities.