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4 bedroom block of apartments for sale
64-66, High Street, Sheerness, Kent, ME12
£325,000
64-66, High Street, Sheerness, Kent, ME12
£325,000
Our Summary
- Key FeaturesLot 66 for sale by auction on 22/10/2025To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers websiteInternally arranged to provide a Ground Floor Retail Unit and Two Self Contained Flats on the Upper FloorsGround Floor Retail Unit - Subject to a Commercial Lease in favour of Ladbrokes Betting & Gaming Ltd for a term expiring 31st July 2026First Floor Flat - Two Bedroom Accommodation - Subject to an Assured Shorthold Tenancy for a term of 24 months from 26th January 2025 at a rent of £950 p
Description
This property, Lot 66, is a unique opportunity for investors and developers alike. The property consists of a ground floor retail unit, currently occupied by Ladbrokes Betting & Gaming Ltd, and two self-contained flats on the upper floors. The first floor flat is subject to an Assured Shorthold Tenancy for 24 months, while the second floor flat is subject to a 12-month tenancy. The property also features a vacant cellar, large yard, and parking to the rear. Located on the east side of High Street in Sheerness-on-Sea, the property is close to a range of shops and amenities, as well as the rail station and coastal park. The property's total GIA is approximately 237.71 sq m (2,559 sq ft), making it an attractive investment opportunity for those looking to capitalize on the area's growing popularity.