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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 Potential This 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
This prime freehold retail premises is being sold via online auction and offers a unique opportunity for investors or businesses looking to acquire a versatile property with high footfall and a strong residential catchment area. Currently operating as a hairdresser, the property can be converted to suit a range of business uses (subject to planning) and benefits from being located on a busy parade of shops on Northwood Drive in Sittingbourne. Additionally, the property includes a two-bedroom flat above, which is currently let on a periodic tenancy at £800 per month and offers further investment potential. The flat is leasehold and positioned above the commercial unit, which holds the freehold and is being sold separately via auction. This presents a rare opportunity for investors to acquire both the flat and the commercial unit below, offering increased long-term value and greater control over the building.