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Lot: 62 - TOWN CENTRE PROPERTY WITH PLANNING FOR EIGHT FLATS AND TWO COMMERCIAL UNITS - Town centre propertyLot: 62 - TOWN CENTRE PROPERTY WITH PLANNING FOR EIGHT FLATS AND TWO COMMERCIAL UNITS - View of high streetLot: 62 - TOWN CENTRE PROPERTY WITH PLANNING FOR EIGHT FLATS AND TWO COMMERCIAL UNITS - Rear of town centre propertyLot: 62 - TOWN CENTRE PROPERTY WITH PLANNING FOR EIGHT FLATS AND TWO COMMERCIAL UNITS - Lot: 62 - TOWN CENTRE PROPERTY WITH PLANNING FOR EIGHT FLATS AND TWO COMMERCIAL UNITS - Lot: 62 - TOWN CENTRE PROPERTY WITH PLANNING FOR EIGHT FLATS AND TWO COMMERCIAL UNITS -
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Lot 62 Town Centre Property With Planning For Eight Flats And Two Commercial UnitsAuction Date:
20th March 2025

69 High Street, Sittingbourne, Kent, ME10 4AW

Auction Ends: 20th March 2025

£550,000 - £600,000*+ FEES

Currently let at £30,000 per annum

Category Commercial Investment
Tenure Freehold

A large commercial property situated on Sittingbourne High Street, adjacent to both local and nationwide retailers and close to the mainline railway station. The property is currently let on a 10-year commercial lease to Sports Direct which expired on 7th May 2023.

The property has been granted permission for two commercial units and the development of eight flats. The development would require demolition of the rear and erection of a three storey rear extension which would include a retail/commercial space on the ground floor and eight flats over the first and second floors which will include two two-bedroom flats and six one-bedroom flats.

Tenancy

Currently holding over under the terms of a 10-year Commercial Lease from 13th May 2013 at a current rental of £30,000 per annum.

EPC Rating

C (63). Floor area 756 sq.m.

Planning

Planning Permission has been granted by Swale Borough Council under ref: 23/500438/FULL, dated 15th March 2024, for demolition of existing two storey rear structure and change of use of upper floors from ancillary retail/commercial space to eight self-contained flats, including the erection of a two storey rear extension with habitable space in roof and commercial (Class E) space to ground floor, internal reconfiguration, and alterations to fenestration and the façade, subject to conditions.

A copy of the Planning Consent and accompanying documents may be downloaded from the Local Planning Authority website, swale.gov.uk. Tel: 01795 417850.

Proposed Accommodation

Ground Floor

Commercial space to front and separate commercial space to rear (both Use Class E). Bin and cycle stores.

First Floor

Flat 1

Entrance hall, kitchen/living room with balcony, bedroom one with en-suite shower room/W.C., bedroom two and family bathroom with W.C.

Flat 2

Entrance hall, kitchen/living room with balcony, bedroom and bathroom with W.C.

Flat 3

Open plan kitchen/living room/bedroom and bathroom with W.C.

Flat 4 - Maisonette

First Floor

Entrance hall, kitchen/living room and bathroom with W.C.

Second Floor

Landing, bedroom with en-suite shower room/W.C.

Flat 5 - Maisonette

First Floor

Entrance hall, kitchen/living room and W.C.

Second Floor

Bedroom with en-suite bathroom/W.C.

Second Floor

Flat 6

Entrance hall, kitchen/living room, bedroom with en-suite shower room/W.C., bedroom two and bathroom with W.C.

Flat 7

Entrance hall, kitchen/living room, bedroom and bathroom with W.C.

Flat 8

Entrance hall, kitchen/living room, bedroom and bathroom with W.C.

Viewing

External only.



69 High Street, Sittingbourne, Kent

Further Information

Jon Rimmer/Kevin Gilbert
on 01622 608400

Viewings

    Applicants may view the lot externally only

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