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8A Luton Rd

5,700 SF 100% Leased Retail Building Chatham ME4 5AA £595,000 (£104/SF)

Investment Highlights

  • Situated on Luton Road.
  • Chatham station located nearby.

Executive Summary

An opportunity to acquire a freehold commercial investment on Luton Road, Medway with development potential, subject to planning.
The property measures approximately 5700sqft and is arranged over 3 floors.
The lower ground floor has two good sized rooms with shutters and access to the rear leading out to Magpie Hall Road, previously used as tyre services. The ground floor is spacious with two large rooms, previously used as a community hall. Located on the first floor is a large main room with a kitchen, an office, 2 toilets and access to the roof of the ground floor to the rear.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
5,700 SF
Year Built
1870
Price
£595,000
Price Per SF
£104
Percent Leased
100%
Number of Floors
3
Building FAR
2.13
Land Acres
0.06 AC
Frontage
30 ft on Luton Road

Nearby Major Retailers

Iceland
Sainsbury's
Coffee Republic Chatham
Anytime Fitness
Bakers + Baristas
Barclays
Costa Coffee
TSB Bank
Santander
Lloyds Bank plc
  • Listing ID: 28576192

  • Date on Market: 25/05/2023

  • Last Updated:

  • Address: 8A Luton Rd, Chatham ME4 5AA

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