Lot 20 Click here for addendum
Commercial Investment
6 week completion
Situation
Located close to the junction with The Brook in this pedestrianised High Street in the heart of the town centre close to branches of Gala Bingo, GO Outdoors, Iceland, Savers, Barclays, British Heart Foundation and a host of independent local traders.
Chatham is a Medway town famous for its Naval history, situated between Rochester and Strood, approximately 7 miles north of Maidstone and 7½ miles south-east of Gravesend enjoying excellent road access to the M2 (Junctions 1 & 2) via the A2.
Property
Forming part of a mid-terraced building comprising a Ground Floor Shop.
Accommodation
Ground Floor Shop
Gross Frontage 13'6"
Internal Width 11'6"
Shop Depth 32'10"
Built Depth 45'1"
WC
VAT is NOT applicable to this Lot
Tenure
Leasehold for a term of 999 years from 9th June 2004 at a peppercorn ground rent.
Tenancy
The property is let on a full repairing and insuring lease to Natasha Azeez as a hairdresser for a term of 10 years from 28th January 2022 (in occupation since 2012) at a current rent of £8,000 per annum exclusive
Rent Review and Tenant's Break 2027.