Commercial property for sale in 100-110 High Street, Strood, Rochester, Kent ME2

£1,400,000
Commercial property for sale
Interested in this property? Call +44 20 8115 7729 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Freehold building for sale
  • Planning permission for 8 private units
  • Consent allows for conversion of first floor with construction of additional storey
  • Hsbc paying £44,000pa, expiring March 23
  • Salon paying £12,000pax on rolling licence
  • Works viable with tenants in situ
  • Oieo £1,400,000 F/H

Property description

A attractive opportunity to acquire a prominent freehold building in the heart of Strood Town Centre, with planning permission to create eight two bedroom apartments. Planning permission was granted for the conversion of the existing first floor with construction of an additional storey comprising 8 self-contained flats in total. The commercial tenants across on the ground floor consist of hsbc and a beauty salon. Hsbc are currently paying £44,000 per annum with 18 months remaining on their lease, whilst the beauty salon are paying £12,000 per annum on a monthly rolling licence.

The eight units to be built above are all two bedroom flats of similar sizes with access to be provided from the rear of the property. They are all conveniently located, with the High Street and its amenities located on their doorstep and Strood station under a 10 minute walk away. With no affordable housing provision required and the property generating a rental income already, this opportunity is likely to appeal to speculative developers and build-to-rent investors alike.

Property info

Arrange Viewing

For more information about this property, please contact
Acorn - Bromley Commercial, BR2 on +44 20 8115 7729 * (local rate)

Contact Acorn - Bromley Commercial about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Acorn - Bromley Commercial, and do not constitute property particulars. Please contact Acorn - Bromley Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

13 more properties like this

View all UK commercial properties for sale