Guide price
£140,000
Retail premises for saleEast Milton Road, Gravesend DA12
About this property
Retail Property
Investment
High Yeild
For sale - guide price - £140,000 - £160,000
A well-positioned single-storey retail unit offered for sale with a tenant in situ, currently operating as a vape store. The property benefits from rear storage and a small rear yard, with potential for upper-floor development or conversion to hot food takeaway use, both subject to planning permission.
Situated on a prominent main road with excellent passing footfall, the unit sits adjacent to Gravesend Grammar School and within a short walk of St John's Catholic Primary and Secondary Schools — providing a strong and consistent flow of passing trade throughout the week.
The surrounding area includes a range of convenience stores and an existing hot food takeaway, reflecting the commercial nature of the location and the demand for local amenities in this well-established parade.
Currently generating rental income of £1,000 per calendar month, this is a straightforward investment purchase. A new lease will be entered into with the incoming purchaser, offering security of income from day one.
An opportunity worth considering for investors seeking a low-maintenance commercial asset with income in place and longer-term development potential.
A well-positioned single-storey retail unit offered for sale with a tenant in situ, currently operating as a vape store. The property benefits from rear storage and a small rear yard, with potential for upper-floor development or conversion to hot food takeaway use, both subject to planning permission.
Situated on a prominent main road with excellent passing footfall, the unit sits adjacent to Gravesend Grammar School and within a short walk of St John's Catholic Primary and Secondary Schools — providing a strong and consistent flow of passing trade throughout the week.
The surrounding area includes a range of convenience stores and an existing hot food takeaway, reflecting the commercial nature of the location and the demand for local amenities in this well-established parade.
Currently generating rental income of £1,000 per calendar month, this is a straightforward investment purchase. A new lease will be entered into with the incoming purchaser, offering security of income from day one.
An opportunity worth considering for investors seeking a low-maintenance commercial asset with income in place and longer-term development potential.
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Monthly repayment
£700 per month
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