*****REVISED GUIDE PRICE*****
A substantial and attractive four storey building fronting Military Road in the pedestrianised town centre in close proximity to the main bus station terminal and the entrance to the Pentagon Shopping Centre. The property is divided to provide a ground floor retail unit, together with three floors of office accommodation above.
It is considered that there is potential for conversion of the upper parts to provide self-contained flats, subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquiries with the Local Planning Authority, Medway Council. Tel: 01634 331700. Website: medway.gov.uk.
Let for a term of five years from 24th August 2015 at a current rental of £16,000 per annum with a rent review after 3 years.
Landing with two offices.
Let for a term of 3 years from 17th June 2016 at a current rental of £4,000 per annum.
Let for a term of three years from 1st September 2015 at a current rental of £2,000 per annum. The rent will rise to £3,000 per annum after 2 years.
Top Floor - Vacant
Remainder of a 125 year lease from 25th December 1982 at a ground rent of £2200 per annum.
Leasehold with Part Vacant Possession
The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.