90-102 & 104-108 High Street Sheerness Kent ME12 1UB

  • 90-102 & 104-108 High Street<br>Sheerness<br>Kent<br>ME12 1UB

90-102 & 104-108 High Street
Sheerness
Kent
ME12 1UB

Unbroken Freehold Retail Parade Investment

  • Unbroken parade comprising four shops, including a supermarket
  • Tenants include Iceland, Peacocks, Hays Travel and Lloyds TSB (not in occupation)
  • Imminent asset management opportunities
  • Prime town centre location
  • Approx. commercial floor area of 1,579 sq m (16,999 sq ft)
  • Nearby occupiers including Superdrug, Boots, Co-op supermarket & Greggs
  • Lot
    15
  • Auction
    12th February 2026
  • Rent
    £137,300 per Annum Exclusive
  • Status
    Available
  • Guide*
    £1,300,000+
  • Auction Venue
    Live Streamed Auction
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Unbroken Freehold Retail Parade Investment

  • Unbroken parade comprising four shops, including a supermarket
  • Tenants include Iceland, Peacocks, Hays Travel and Lloyds TSB (not in occupation)
  • Imminent asset management opportunities
  • Prime town centre location
  • Approx. commercial floor area of 1,579 sq m (16,999 sq ft)
  • Nearby occupiers including Superdrug, Boots, Co-op supermarket & Greggs
  • Lot 15
  • Auction 12th February 2026
  • Rent £137,300 per Annum Exclusive
  • Status Available
  • Guide* £1,300,000+
  • Sector
    Unbroken Retail Parade
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
16 miles north-east of Gillingham, 26 miles north-west of Canterbury, 50 miles south-east of Central London
Roads
A249, M2, M20
Rail
Sheerness-on-Sea Railway Station
Air
London Gatwick Airport
Situation

The property is prominently situated on High Street, in the heart of Sheerness town centre. High Street forms the town’s principal retail pitch and benefits from strong pedestrian footfall. Nearby occupiers include Superdrug, Boots, Co-op supermarket and Greggs, together with a range of national and local retailers. Rose Street Car Park is located close by and provides parking for over 150 cars, serving the immediate shopping area.

Tenure

Freehold.

Location
Miles
16 miles north-east of Gillingham, 26 miles north-west of Canterbury, 50 miles south-east of Central London
Roads
A249, M2, M20
Rail
Sheerness-on-Sea Railway Station
Air
London Gatwick Airport
Situation

The property is prominently situated on High Street, in the heart of Sheerness town centre. High Street forms the town’s principal retail pitch and benefits from strong pedestrian footfall. Nearby occupiers include Superdrug, Boots, Co-op supermarket and Greggs, together with a range of national and local retailers. Rose Street Car Park is located close by and provides parking for over 150 cars, serving the immediate shopping area.

Tenure

Freehold.

Description

The property comprises a substantial unbroken retail parade arranged over the ground and first floors, providing a total of four retail units, including a supermarket and an unoccupied bank.

VAT

Units 2, 3 & 4 90-102 High Street (Peacocks, Iceland & Hays Travel) are elected for VAT but 104-108 High Street (Lloyds TSB) is not elected for VAT-please see Special Conditions of Sale

Note

Please note the buyer will pay 1% excluding VAT of the purchase price toward the vendors costs in addition to the cost of the searches. Please see special conditions of sale.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a substantial unbroken retail parade arranged over the ground and first floors, providing a total of four retail units, including a supermarket and an unoccupied bank.

VAT

Units 2, 3 & 4 90-102 High Street (Peacocks, Iceland & Hays Travel) are elected for VAT but 104-108 High Street (Lloyds TSB) is not elected for VAT-please see Special Conditions of Sale

Note

Please note the buyer will pay 1% excluding VAT of the purchase price toward the vendors costs in addition to the cost of the searches. Please see special conditions of sale.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Address Floor Use Floor Areas
Approx sq m (1)
Floor Areas
Approx sq ft (1)
Tenant Term Rent p.a.x.
Unit 2 90-102 High Street Ground
First
Retail
Ancillary
373.7
225.4
(4,022)
(2,426)
PEACOCKS STORES PROPERTIES LIMITED (t/a Peacocks)
(2)
5 years from 01/04/2021
£33,000
Unit 3 90-102 High Street Ground
First
Retail
Ancillary
369.18
183.66
(3,974)
(1,977)
ICELAND FOODS LIMITED (t/a Iceland) 15 years from 31/03/2014
£55,000
Unit 4 90-102 High Street Ground
First
Retail
Ancillary
95.5
73.1
(1,027)
(786)
HAYS TRAVEL LIMITED (t/a Hays Travel) 10 years from 03/11/2020
£17,500
104-108 High Street Ground
First
Retail
Ancillary
202
57
(2,174)
(613)
LLOYDS TSB BANK PLC
(3)
15 years from 15/02/2012
£31,800
Total    
1,579.54
(16,999)
   
£137,300

(1) The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
(2) Peacocks have confirmed their intention to renew their lease on expiry of the existing lease at terms to be agreed.
(3) Please note that the tenant does not currently occupy the property.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Archie MartineArchie Martine +44 (0)20 7034 4858 +44 (0)7377 803 408archie.martine@acuitus.co.uk
Seller's Solicitors
Structadene Group 9 White Lion Street
London
N1 9PD
James Thomson 0207 843 9196james.t@pearl-coutts.co.uk  Hannah Smith 020 7843 9183hannah.s@pearl-coutts.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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