Guide price
£50,000
Retail premises for sale62 Holland Road, Chatham, Kent ME5
Auction
Leasehold
About this property
Guide Price = £50,000+
**For Sale By Public Auction 27th May 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Ground Floor Retail Unit Subject to a Lease Producing £8,500 Per Annum (Reflecting a Gross Initial Yield of 17% on the Guide Price)
Tenure
Leasehold. The property will be held on a new 999 year lease from completion.
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Princes Avenue Open Space are within easy reach. Transport links are provided by Chatham rail station.
Description
The property comprises a ground floor retail unit situated within a mid terrace building arranged over ground and two upper floors.
Accommodation
Ground Floor
Retail Area
G.I.A. Approximately 58 sq m
Tenancy
The property is subject to a lease for a term of 5 years commencing 31st January 2023 at a rent of £8,500 per annum
EPC Rating
D
Open to View During Normal Business Hours
**For Sale By Public Auction 27th May 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Ground Floor Retail Unit Subject to a Lease Producing £8,500 Per Annum (Reflecting a Gross Initial Yield of 17% on the Guide Price)
Tenure
Leasehold. The property will be held on a new 999 year lease from completion.
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Princes Avenue Open Space are within easy reach. Transport links are provided by Chatham rail station.
Description
The property comprises a ground floor retail unit situated within a mid terrace building arranged over ground and two upper floors.
Accommodation
Ground Floor
Retail Area
G.I.A. Approximately 58 sq m
Tenancy
The property is subject to a lease for a term of 5 years commencing 31st January 2023 at a rent of £8,500 per annum
EPC Rating
D
Open to View During Normal Business Hours
Mortgage calculator
Monthly repayment
£250 per month
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