Lot 114: FREEHOLD COMMERCIAL BLOCK FOR INVESTMENT

A freehold commercial block split into three commercial units which are all let and providing a good rental income. The substantial building occupies a High Street location close to nationwide retailers and Gillingham’s mainline railway station.

The Pet Shop

Ground Floor

Shop floor, stock room, kitchenette, W.C. and office.

Tenancy

Let on a commercial lease for a term of three months from 3 April 2012 at a current rental of £6,000 per annum.

Unit 2

Shop floor, kitchen and W.C.

Tenancy

Let on a commercial lease for a term of 12 months from 1 February 2017 at a current rental of £5,400 per annum.

First and Second Floors

Let to Specsavers, with ground floor access via rear.

First Floor

Landing, two W.C.s, kitchen and workroom.

Second Floor

Office and further room.

Tenancy

Let on a commercial lease for a term of 10 years from 1 March 2016 at a current rental of £6,000 per annum, with rent reviews after five years.

Commercial EPC: E

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