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Non Residential Institution

£175,000

Chatham, Medway, Kent

AVAILABLE

Property FEATURES

  • £175,000 for the Freehold
  • Potential Development Opportunity
  • Located close to Chatham High Street
  • The property is located in Chatham, one of the Medway towns, located adjacent to Rochester, and benefitting from close connections to the M2 motorway and within walking distance of Chatham Railway Station which has high speed rail links via HS2 to London St Pancras International, as well as local services.
  • The property is situated just off the High Street on Solomons Road, opposite Halfords. It is within short walking distance of the entrance to The Pentagon Shopping Centre. Nearby occupiers include Barclays Bank, Costa Coffee, Waterstones, Greggs, Holland & Barrett and many other local and national operators.
  • The property comprises a ground floor commercial unit, currently being used a private bar/events hire facility. The unit benefits from a bar, seating area, sauna , and with ancillary kitchen and w/c facilities.
  • Total NIA - 1,349 Sq Ft (125.32 Sq M)
  • The site benefits from planning permission for the construction of a single storey roof extension to accommodate a self contained flat, granted in July 2023 under planning reference MC/22/2268.
  • Freehold interest available with with vacant possession, under Title No. TT36196.
  • £175,000 for the Freehold
  • Strictly by prior appointment through the Surveyors. Please contact Thomas Langston e: thomas.langston@sibleypares.co.uk or Dominic Barber e: dominic.barber@sibleypares.co.uk or
  • Each side to bear its own legal and professional costs
  • RV £10,500 @ 49.9p in the £
  • Rates payable £5,239.50 for the year 2025/26
  • With effect on 1st April 2026 the RV is £11,000
  • Unless otherwise stated, all rents/prices are quoted exclusive of Value Added Tax (VAT) which will be charged at the prevailing rate. Prospective occupiers should satisfy themselves as to any VAT payable in respect of any transaction.

Property DESCRIPTION

Description

For Sale - Ground Floor Commercial Investment / Development Opportunity with Vacant Possession

Ground floor commercial premises just off Chatham High Street with Residential Development Potential. The site is available with the benefit of planning permission for the construction of a 2-bedroom residential unit above.

Location

The property is located in Chatham, one of the Medway towns, located adjacent to Rochester, and benefitting from close connections to the M2 motorway and within walking distance of Chatham Railway Station which has high speed rail links via HS2 to London St Pancras International, as well as local services.

The property is situated just off the High Street on Solomons Road, opposite Halfords. It is within short walking distance of the entrance to The Pentagon Shopping Centre. Nearby occupiers include Barclays Bank, Costa Coffee, Waterstones, Greggs, Holland & Barrett and many other local and national operators.

Accommodation

The property comprises a ground floor commercial unit, currently being used a private bar/events hire facility. The unit benefits from a bar, seating area, sauna , and with ancillary kitchen and w/c facilities.

Total NIA - 1,349 Sq Ft (125.32 Sq M)

The site benefits from planning permission for the construction of a single storey roof extension to accommodate a self contained flat, granted in July 2023 under planning reference MC/22/2268.

Rent/Price

£175,000 for the Freehold

VAT

Unless otherwise stated, all rents/prices are quoted exclusive of Value Added Tax (VAT) which will be charged at the prevailing rate. Prospective occupiers should satisfy themselves as to any VAT payable in respect of any transaction.

Viewing

Strictly by prior appointment through the Surveyors. Please contact Thomas Langston e: thomas.langston@sibleypares.co.uk or Dominic Barber e: dominic.barber@sibleypares.co.uk or

Property LOCATION

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