3 Bedroom Retail (High Street) For Sale

High Street Chatham ME4.

Offers in Region of £280,000

Key features

  • Three floors and basement area

  • Investment opportunity

  • Including two floor flat

  • Property in good condition

  • Potential for extension

  • Extra space for storage

  • Underfloor insulation

  • New boiler

  • Loft insulation

  • Original floor boards

  • Two Victorian Fireplaces

  • Partial upvc double glazing windos

Overview

Tenure:
Freehold
Asking Price:
£280,000

HouseSimple is pleased to present this property in Chatham.

Property includes three floors plus a basement area: ground floor is a shop area, plus two floors above it that makes the flat.

The first floor above the shop contains the lounge / kitchen / reception room with one window upvc dg.  the bedroom at the back has the benefit of upvc dg, under floor insulation, plus a toilet.  One fire alarm.  One new boiler.

Top floor contains two bedrooms, one bathroom.

The house makes an income of £6000py from the rent of the shop; £170 a week from the lodgers; an advertising board gives an income of £1500 per year payable every three months in arrears.  Total annual income of £16,340.  There is potential of further earning if the basement (same area as lounge plus back bedroom) were to be converted to a studio flat or a one bedroom flat.

The property benefits of loft insulation.

the shop area ( council tax 1608.00 py) is as big as first floor, including the back room area.

Extra Information

  • Property Age: 202 years
  • Council tax band: A (£1018.04 Per Annum)
  • Double Glazing: Part
  • Heating: gas
  • Parking: None

EPC

Floor Plan

Property location

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