Back to Lambert Smith Hampton

Commercial Investment Building

Chatham, ME4 - Get Access

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. 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. The property is held Freehold under Title Number TT31112. 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).
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 3,331 sq ft (Listing)

This three-storey commercial mid-terrace sits right on Chatham's bustling High Street. The building is currently let out on an active lease generating £30,000 per year. Overall condition is fair, with functional main offices but upper storage rooms and kitchenettes needing some finishing work. Floor area is taken directly from the building's gross internal area of 3,331 sq ft.

Unlock the full valuation
  • Exact estimated value and full value range
  • Detailed written analysis of how we reached this estimate
Unlock full report