Freehold Retail Investment
Freehold Retail Investment
The property is situated in a prime trading position immediately adjacent to the major Pentagon Shopping Centre on the north side of High Street, Chatham’s premier retail thoroughfare. Nearby occupiers include Shoe Zone, Primark, Waterstones, Greggs, Burton and Vision Express.
Freehold.
The property is situated in a prime trading position immediately adjacent to the major Pentagon Shopping Centre on the north side of High Street, Chatham’s premier retail thoroughfare. Nearby occupiers include Shoe Zone, Primark, Waterstones, Greggs, Burton and Vision Express.
Freehold.
The property comprises retail accommodation on the ground floor and ancillary accommodation on the first floor. The basement, the second and third floor is accessed separately via 183-87 High Street, which forms part of the Pentagon Shopping Centre and comprises storage, office and hairdressing salon and a residential flat.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises retail accommodation on the ground floor and ancillary accommodation on the first floor. The basement, the second and third floor is accessed separately via 183-87 High Street, which forms part of the Pentagon Shopping Centre and comprises storage, office and hairdressing salon and a residential flat.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground First |
Gross Frontage Shop Depth Retail Ancillary |
5.55 m 15.93 m 85.56 sq m 49.90 sq m |
18' 3" 52' 3" (921 sq ft) (537 sq ft) |
OPTICAL EXPRESS LIMITED (1) |
15 year from 19/05/1998 |
£40,000 | (2013) |
| Second Third Basement |
Office and Hairdressing Salon Residential Ancillary |
63.27 sq m 43.94 sq m 72.93 sq m |
(681 sq ft) (473 sq ft) (785 sq ft) |
CO-OPERATIVE MARKETING AND TRADING GROUP LIMITED formerly Co-Operative Group (CWS) Ltd now assigned (2) |
99 years from 07/12/1971 |
£4,000 | 2006, 2013 and 7 yearly (3) |
| Totals | 315.60 sq m |
(3,397 sq ft) |
£44,000 | ||||
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