5 bed light industrial

>

5 bed light industrial

Broadway, Sheerness ME12
£500,000

Our Summary

  • Local comparable rents for similar commercial units on The Broadway are currently between £18,500 and £20,000 per annum, providing significant future rental uplift
  • A Freehold investment opportunity for 1 shop and 4 flats

Description

This property is a commercial unit on the ground floor, currently leased to Countrywide Estate Agents until 2028, with a rent of £8,850 per annum. The unit has undergone a £65,000 renovation funded by the tenant and has significant potential for future rental uplift, with comparable rents in the area ranging from £18,500 to £20,000 per annum. The property also comprises four residential flats, all of which are let to long-standing tenants, generating a total of £32,400 per annum. The property offers immediate income, a substantial rent review opportunity in 2028, and rear parking for four vehicles. Its location in a busy commercial stretch of Sheerness, with easy access to transport links, high street shops, and the seafront, makes it an ideal hands-off investment for portfolio buyers or a mixed-use specialist.