A Leasehold Ground Floor Commercial Investment

A Leasehold Ground Floor Commercial Investment Comprises approximately 305 sq m (3,283 sq ft) A modern purpose-built waterside block at Victory Pier Let on a 10 year lease from August 2022 Investment let at £29,988 pa (22.2% on Guide Price) Description A Leasehold Ground Floor Commercial Investment extending to approximately 305 sq m (3,283 sq ft), situated within The Boathouse, a modern purpose-built waterside block at Victory Pier on the banks of the River Medway in Gillingham. The unit is let on a 10 year lease from 9 August 2022 at a rent of £29,988 per annum and offers investors a substantial income-producing Class E unit in an established mixed-use development (please refer to the legal pack for the lease and tenancy details) The accommodation comprises an open-plan ground floor commercial unit with kitchenette, benefiting from a glazed frontage onto the development's courtyard. The unit has an EPC rating of B. The Boathouse is arranged over ground and five upper floors, with the residential apartments above in separate ownership. Victory Pier is a landmark regeneration scheme beside Gillingham Marina, with an ASDA superstore, Premier Inn and other retailers on site. Gillingham railway station is under a mile away, providing high speed services to London St Pancras in around 50 minutes, and the A2 and M2 give quick access to the wider Medway towns and the M25.