Sittingbourne

The property is a mid terrace retail property with good frontage of 4.54m with double glazed UPVC windows. The ground floor provides a retail area benefiting from floor tiles, suspended ceiling with Cat II lighting with staff restroom and WC to the rear. The first floor provides 3 rooms with laminated flooring and lighting. There is a small cellar under the front part of the premises with a small garden area to the rear of the property.

Location
The property is situated within Sittingbourne town centre just off the main High Street and is close to the junction with the A2 which in turn leads to the A249 circa 1.5 miles to the west and Sittingbourne station within walking distance. There is local parking within walking distance and a parking bay limited 20 minutes immediately in front of the premises.

Terms
The property is available by way of freehold, seeking offers in the region of £240,000 net yield of 6.91%, gross 7.08% allowing costs at 2.55%.
The current lease is for a term of 10 years from 6th June 2022 with tenant break clause at the end of the 5th year. The tenant has been in occupation for a number of years, the current lease being an extension of a former 10 year lease from 2012.

Anti-Money Laundering Regulations
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Available Area