Guide price
£1,750,000
(£1,750,000.00/sq. ft)
Retail premises for saleNew Road, Gravesend DA11
From 1,037 - 4,511 sq. ft
About this property
2 shops with 5 X flats
High yielding mixed investment
Flats refurbished 2019
Rear access
Prime town centre nr railway station
6.5% net yield blended
Gravesend is approximately 21 miles south east of Central London and 3 miles from Dartford positioned on the South Bank of the River Thames. The property is located on a prime and busy parade, opposite Thamesgate Shopping Centre and bounded to the rear by St Georges Shopping Centre within the pedestrianized area. Retailers include all multiples, including Greggs, Mcdonalds, Wetherspoons, Banks and Building Societies and other well known retailers . The location is supported by bus routes to all neighbouring areas and the main line train station within a short walk providing transport to central London in 30 minutes and into Kent Towns & Bluewater.
The property comprises a 2 retail shops with basements in open plan layouts and 5 flats over with a communal entrance and a large rear yard shared with all occupiers of the substantial property. Completely refurbished between 2018 & 2019 the properties were converted to form the new accommodation and therefore all residential units
were in a new form when completed
The property comprises a 2 retail shops with basements in open plan layouts and 5 flats over with a communal entrance and a large rear yard shared with all occupiers of the substantial property. Completely refurbished between 2018 & 2019 the properties were converted to form the new accommodation and therefore all residential units
were in a new form when completed