£450,000

Court Street, Faversham, ME13

3794 sq ft

£450,000

Court Street, Faversham, ME13

3794 sq ft

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Faversham is a historic and sought after market town popular with London commuters and families alike.

The ground floor is let to Salvation Army on a new lease commencing 2nd June 2023, for a period of 10 years at a rent of £22,000 per annum.

Vacant 1st and 2nd floors, independently accessed and currently laid out as offices which have been subject to a comprehensive refurbishment.

VAT not applicable.

Grade II Listed

Scope to convert upper floors to residential subject to planning consent or for a range of uses under Class E.

An opportunity to acquire the freehold interest of the former Barclays Bank in Faversham, Kent.

4 Court Street is a Grade II listed freehold building in central Faversham. The basement, ground floor and first floor kitchen has been let to the Salvation Army on new 10 year lease from June 2023 at a rent of £22,000pa. There is a mutual break at Year 5. There are two vacant upper floors which are independently accessed off Court Street and measure
approx. 2053 sq ft GIA, these are currently arranged as six offices suites with newly fitted ladies and gents W.C’s, and a staff Kitchen. Both floors have recently been subject to a comprehensive refurbishment by the present owner to an excellent standard and are ready
for occupation

Location:
The Property is located on the West side of Court Street in the center of the town. There are many independent occupiers located near by as well as a number of national brands in the town.

Faversham is a historic market town located on the Old Dover Road in Kent. Faversham is serviced by direct trains to both London Victoria and London St Pancras, journey times are a little over 1 hour and it is a popular route with commuters.

Location

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