Property photos
Just added
Guide price
£162,000
Retail premises for sale
East Milton Road, Gravesend DA12Local area information
Property location
Nearby amenities
- Gravesend Grammar School 0.1 miles
- St John's Catholic Primary School, Gravesend 0.1 miles
- Gravesend 0.9 miles
- Gravesend Pier 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Gravesend to find out more about the local area.
Features and description
- High footfall location
- Ground-floor commercial unit
- Prominent position on a busy parade of shops
Summary
For sale via secure sale online bidding - terms and conditions apply.
Commercial Investment / Owner-Occupier Opportunity - Busy Parade Location
A ground-floor commercial retail unit situated on a busy road parade of shops, benefiting from strong passing trade and a well-established neighbourhood setting. The property is positioned close to both primary and secondary schools, contributing to consistent footfall throughout the day.
The premises are currently fitted out as a retail unit and provide a modern and functional sales area with good frontage and depth. Internally, the accommodation comprises the main retail space, with ancillary storage areas to the rear.
To the rear of the property is a courtyard area, offering useful external space, together with additional storage, enhancing the overall usability of the unit.
The property offers future potential, including scope to extend or develop above, subject to the necessary planning consents.
Tenure / Income Position:
Upon completion of the sale, a new lease is to be agreed. We have been advised that the current passing rent is 1,000 per calendar month, providing an indicative income level for prospective purchasers.
Key Features:
Close to primary and secondary schools
Rear courtyard and storage areas
Potential for extension or development above (STPP)
New lease to be agreed on completion
Advised current rent of 1,000 pcm
Description
A ground-floor commercial retail unit situated on a busy road parade of shops, benefiting from strong passing trade and a well-established neighbourhood setting.
Location
Close to primary and secondary schools.
Tenure
Title - K672277 - Freehold
EPC
Rating
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
For sale via secure sale online bidding - terms and conditions apply.
Commercial Investment / Owner-Occupier Opportunity - Busy Parade Location
A ground-floor commercial retail unit situated on a busy road parade of shops, benefiting from strong passing trade and a well-established neighbourhood setting. The property is positioned close to both primary and secondary schools, contributing to consistent footfall throughout the day.
The premises are currently fitted out as a retail unit and provide a modern and functional sales area with good frontage and depth. Internally, the accommodation comprises the main retail space, with ancillary storage areas to the rear.
To the rear of the property is a courtyard area, offering useful external space, together with additional storage, enhancing the overall usability of the unit.
The property offers future potential, including scope to extend or develop above, subject to the necessary planning consents.
Tenure / Income Position:
Upon completion of the sale, a new lease is to be agreed. We have been advised that the current passing rent is 1,000 per calendar month, providing an indicative income level for prospective purchasers.
Key Features:
Close to primary and secondary schools
Rear courtyard and storage areas
Potential for extension or development above (STPP)
New lease to be agreed on completion
Advised current rent of 1,000 pcm
Description
A ground-floor commercial retail unit situated on a busy road parade of shops, benefiting from strong passing trade and a well-established neighbourhood setting.
Location
Close to primary and secondary schools.
Tenure
Title - K672277 - Freehold
EPC
Rating
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
More information
Listed by
Pattinson - Commercial
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