Mixed Use Investment Opportunity for Auction Gillingham ME7
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Auction date: Thu, 12/12/2024 - 10:00
Guide Price £350,000. Freehold mixed use building with part vacant possession. The property comprises a two storey property of traditional construction, arranged as a double fronted ground floor shop wiith separate front access to residential accommodation on the first floor. This is arranged as four self-contained flats (2 x two bedroom and 2 x one bedroom), and they all require complete refurbishment. Some improvement works have already been started, so the condition is currently relatively poor with some rubbish on the floor that will need to be cleared from the building. Currently producing £30,000 per annum (plus vacant flats).