Retail premises for sale in Windmill Street, Gravesend DA12

Long Leasehold For Sale, 946 Years Remaining, Prominent corner building comprising a ground floor shop with return frontage onto Windmill Street.

For sale
£350,000 - Long Leasehold

Leasehold

999 years from 26th October 1971. (946 years remaining)
Ground Rent - A White Rose (if requested)

Location description

Windmill Street is located in Gravesend town centre - being close walking distance of all amenities such as parking, shopping centres, eateries and banks, and within 0.1 miles of Gravesend Station (with its high speed link to London St Pancras, journey time around 23 minutes). The A2/M2 is 1.9 miles to the South, linking to the M25 and Dartford Road Crossing.

Property description

Prominent corner building comprising a ground floor shop with return frontage onto Windmill Street and Manor Road, first floor office space and basement storage. Being sold with vacant possession. Measuring a total of 1,588 SqFt, Comprising:

Floor floor area accomodation

Ground Floor - 572 SqFt - Sales Area, 2 offices, stairwell

First Floor - 618 SqFt - Open plan office, staff room, 2 WC's, stairwell

Basement - 398 SqFt - Basement with restricted head height, stairwell

Business rates

The Valuation Office show a current rateable value £12,250 as at June 2024 which normally means an amount payable of between 40%-50% of this figure. Please check with the relevant local authority which is Gravesham Council.

Current class of business use

The vendor advises current class of business use is 'E' Category use. Interested parties are advised to seek clarification of permitted use from the local authority.

VAT

This property is not elected for VAT.