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An opportunity to acquire a 0.7 acre freehold business centre site in Gillingham, Kent.
Offering scope for redevelopment or continued use as a local business centre.
Consisting of 18,266 sqft of vacant commercial space over 5 buildings including a restaurant and several warehouse units, together with 7 residential flats let on ASTs.
Current Income £87,600 pa
An opportunity to acquire a freehold 0.7 acre former business centre site in Gillingham, Kent. The site offers scope for continued use as a business centre, asset management or full re-development.
The site which measures 0.7 acres was once a local dairy and in later life has been run as a business centre being home to a variety of local businesses. The site is made up of 6 buildings numbered 1-6 with all but one of the commercial units being vacant, in addition there are 7 residential flats being let out on AST’s. Building number 1 is a large brick built warehouse style building with retail on the ground floor fronting onto Napier Road, there is also a roller shutter door. Building 2 is made up of three sections, 42A which is laid out over two floors and was formally used as a bathroom showroom, 42B which is a large full height warehouse unit with full height roller shutter door, and Part building 2 which is over two floors and presently used as a site office
by the owners.
Location:
The property is located in a predominately residential area close to Gillingham town centre
and railway station. Gillingham is a town in North Kent located on the River Medway to the East of London. Train services into several London terminals run regularly and take approximately 1 hour. Gillingham is also well connected being close to the M2, M20 and M25.
Location
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