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284 High Street, Chatham, Kent, ME4 4BP
Guide Price* : £290,000 plus
COMMERCIAL INVESTMENT
- High Street Commercial Investment
- Freehold
- Producing £30,000 Per Annum
- Approximately 309.49 Sq M (3,331 Sq Ft)
Description
The property comprises a three storey brick built, mid terrace building with a glazed frontage.
The ground floor comprises a main retail area to the front, with office accommodation, a kitchen, and a WC to the rear. The first floor provides three further offices, a meeting area, a kitchen, and ancillary space, extending to approximately 309.49 sq m (3,331 sq ft) GIA.
Externally, the property provides a small garden area.
Location
The property is situated on High Street in Chatham town centre, within the Medway unitary authority in north Kent. This central location benefits from high pedestrian traffic and strong visibility, making it suitable for a range of commercial uses including retail, leisure, and service-based occupiers.
Chatham is a key commercial hub within the Medway towns and benefits from excellent transport connectivity. The property is located approximately 0.4 miles from Chatham railway station, which offers direct services to London Victoria, London St Pancras International (via High Speed 1), and regional destinations including Rochester and Gillingham. Major road links are easily accessible, with the A2 and M2 motorways nearby, providing efficient connections to London, Canterbury, and the wider South East.
The immediate area is characterised by a mix of national retailers, independent businesses, and hospitality operators. The Pentagon Shopping Centre and Chatham Waterfront Bus Station are within close proximity, contributing to consistent footfall and accessibility. The location also benefits from public parking facilities and ongoing regeneration in the wider Medway area, enhancing its long-term commercial appeal.
Tenure
The property is held Freehold under Title Number TT99069.
Tenancy
The property is occupied under a lease dated March 2019 for a term of 10 years. The current rent is £2,500 PCM (£30,000 Per Annum).
Planning Authority
Medway Council - www.medway.gov.uk
Bidder Registration
Registration for bidding will close at 2:00 pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.
VAT
Refer to the legal documentation
Energy Performance Certificate
TBC
Note
We understand that the tenant has confirmed that would be willing to sign a new 10 year lease on the expiry of the current lease.
Accommodation
| Address | Accommodation | Sq M | Sq Ft |
|---|---|---|---|
| Ground Floor | Retail Area, office, Kitchenette, and WC | 76.87 | 827 |
| First Floor | Office, Kitchenette and Ancillary Accommodation | 232.63 | 2,504 |
| Total GIA | 309.49 | 3,331 |
Contact
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
** If you take up this service, Dynamo may pay a referral payment of up to 20% of the procuration fee received by Dynamo from the relevant lender on completion of the mortgage to us. This is not paid by you and has no impact on the service provided. Dynamo is a trading name of Dynamo Mortgages Limited, which is part of the same group of companies as Lambert Smith Hampton, owned by Connells Limited.
If you take up this service you will agree your own separate contract with Dynamo, and Lambert Smith Hampton is not responsible for the accuracy, quality or suitability of any advice, recommendations or services provided to you.
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Office Contact
Legal Documents
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Additional Documents
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Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
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