Let to GT Promotions Limited t/a City Slots until 2034 (no breaks)
Prime Pedestrianised High Street Location
Nearby occupiers include Debenhams, Iceland, Barclays Bank, Subway and Superdrug
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 76
Auction 19th May 2016
Rent £60,000 per Annum Exclusive
Status Sold Prior
Price
Sector Leisure
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
36 miles south-east of Central London, 10 miles north of Maidstone, 29 miles north-east of Royal Tunbridge Wells
Roads
A2, M2 (Junction 2 and 3)
Rail
Chatham Railway Station
Air
London Gatwick Airport, London City Airport
Situation
The property occupies a prominent corner location on the pedestrianised High Street, at its junction with Rhode Street. Rhode Street provides access from the High Street to both the Rhode Street Car Park and James Street Car Park which service the town centre. Nearby occupiers include Debenhams, Iceland, Barclays, Subway and Superdrug.
Tenure
Freehold.
Location
Miles
36 miles south-east of Central London, 10 miles north of Maidstone, 29 miles north-east of Royal Tunbridge Wells
Roads
A2, M2 (Junction 2 and 3)
Rail
Chatham Railway Station
Air
London Gatwick Airport, London City Airport
Situation
The property occupies a prominent corner location on the pedestrianised High Street, at its junction with Rhode Street. Rhode Street provides access from the High Street to both the Rhode Street Car Park and James Street Car Park which service the town centre. Nearby occupiers include Debenhams, Iceland, Barclays, Subway and Superdrug.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit with basement ancillary accommodation and three self contained residential flats arranged over first and second floors. The residential flats are accessed via an entrance on Rhode Street.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with basement ancillary accommodation and three self contained residential flats arranged over first and second floors. The residential flats are accessed via an entrance on Rhode Street.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Ground Basement First Second
Retail Ancillary Residential Residential
154.97 sq m 62.52 sq m 2 x One Bedroom Flats 1 x Two Bedroom Flat
(1,668 sq ft) (673 sq ft)
GTPROMOTIONS LIMITED t/a City Slots
20 years from 01/01/2015 until 31/12/2034 on a full repairing and insuring lease
