Property photos
Auction
Guide price
£275,000
(£365.21/sq. ft)
Retail premises for sale
The Parade, Northwood Drive, Sittingbourne ME10753 sq. ft
Local area information
Property location
Nearby amenities
- Fulston Manor School 0.1 miles
- Highsted Grammar School 0.2 miles
- Sittingbourne 0.7 miles
- Kemsley 2.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Sittingbourne to find out more about the local area.
Features and description
- Prime retail premises
- Freehold title
- Currently operating as a hairdressers
- Investment potential
- Flat above is available through separate purchase
- Gas central heating
- Two bedrooms
Summary
*For sale via secure sale online bidding: Terms and conditions apply.*
We are pleased to offer to auction this prime freehold retail premises with investment potential.
An excellent opportunity to acquire a freehold retail premises currently operating as a hairdresser, with potential for a change of business use (subject to planning). Please note although they are currently trading as a hairdressers, business will be ceased on the 31st of May or before if necessary, so the property will be vacant for the next owner.
Situated in a busy parade of shops on Northwood Drive in a popular area of Sittingbourne, the property benefits from high footfall and a strong residential catchment area, including nearby schools and housing estates.
This versatile property would suit a range of business uses or investors looking for a high-yield opportunity.
Additionally, the flat above is available for purchase through Pattinsons auction, offering further investment potential. The vendors have advised us that they would prefer to sell the entire unit.
There is free parking both on road and behind the building.
Also included is a Two-Bedroom Flat with Parking and Excellent Rental Potential
This well-maintained two-bedroom flat is currently let on a periodic tenancy at 800 per calendar month, with the potential to increase the rent to 900-1,000 pcm. The property is in excellent condition and features two generously sized bedrooms, gas central heating, double glazing, and allocated parking.
The flat is leasehold and positioned above a commercial unit, which holds the freehold and is being sold separately via auction. This presents a rare opportunity for investors to acquire both the flat and the commercial unit belowoffering increased long-term value and greater control over the building.
Located in a sought-after area close to schools and local amenities, this is an ideal addition to any investment portfolio.
Please note we have not inspected this property.
Location
Situated in a busy parade of shops on Northwood Drive in a popular area of Sittingbourne, the property benefits from high footfall and a strong residential catchment area, including nearby schools and housing estates. Also due to location in a sought-after area close to schools and local amenities, this is an ideal addition to any investment portfolio.
Accommodation
Retail premises currently operating as a hairdresser, with potential for a change of business use (subject to planning) Also a well-maintained two-bedroom flat in an excellent condition and features two generously sized bedrooms, gas central heating, double glazing, and allocated parking.
Tenure
Freehold. Title number K771012.
Rateable Value
The current rateable value is 14,250 (1 April 2023 to present).
Sourced from voa.
Council Tax
Band A
EPC
Available upon request (rating C).
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
*For sale via secure sale online bidding: Terms and conditions apply.*
We are pleased to offer to auction this prime freehold retail premises with investment potential.
An excellent opportunity to acquire a freehold retail premises currently operating as a hairdresser, with potential for a change of business use (subject to planning). Please note although they are currently trading as a hairdressers, business will be ceased on the 31st of May or before if necessary, so the property will be vacant for the next owner.
Situated in a busy parade of shops on Northwood Drive in a popular area of Sittingbourne, the property benefits from high footfall and a strong residential catchment area, including nearby schools and housing estates.
This versatile property would suit a range of business uses or investors looking for a high-yield opportunity.
Additionally, the flat above is available for purchase through Pattinsons auction, offering further investment potential. The vendors have advised us that they would prefer to sell the entire unit.
There is free parking both on road and behind the building.
Also included is a Two-Bedroom Flat with Parking and Excellent Rental Potential
This well-maintained two-bedroom flat is currently let on a periodic tenancy at 800 per calendar month, with the potential to increase the rent to 900-1,000 pcm. The property is in excellent condition and features two generously sized bedrooms, gas central heating, double glazing, and allocated parking.
The flat is leasehold and positioned above a commercial unit, which holds the freehold and is being sold separately via auction. This presents a rare opportunity for investors to acquire both the flat and the commercial unit belowoffering increased long-term value and greater control over the building.
Located in a sought-after area close to schools and local amenities, this is an ideal addition to any investment portfolio.
Please note we have not inspected this property.
Location
Situated in a busy parade of shops on Northwood Drive in a popular area of Sittingbourne, the property benefits from high footfall and a strong residential catchment area, including nearby schools and housing estates. Also due to location in a sought-after area close to schools and local amenities, this is an ideal addition to any investment portfolio.
Accommodation
Retail premises currently operating as a hairdresser, with potential for a change of business use (subject to planning) Also a well-maintained two-bedroom flat in an excellent condition and features two generously sized bedrooms, gas central heating, double glazing, and allocated parking.
Tenure
Freehold. Title number K771012.
Rateable Value
The current rateable value is 14,250 (1 April 2023 to present).
Sourced from voa.
Council Tax
Band A
EPC
Available upon request (rating C).
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
More information
Listed by
Pattinson - Commercial
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Property descriptions and related information displayed on this page are marketing materials provided by - Pattinson - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pattinson - Commercial for full details and further information.