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For Sale by Auction on 25th April 2024, Freehold Former Bank Premises, 54 & 56 High Street, Strood, Rochester, ME2 4AG

3,351 Sq Ft / Retail / General Retail

Sold - Last updated: 27 April 2024

For Sale by Auction on 25th April 2024

A mid-terraced two storey building of traditional construction totalling approximately 311.40 sq m (3,351 sq ft). The building is arranged as a ground floor former banking hall with ancillary accommodation and additional ancillary accommodation at first floor level. There is rear access to the building from Newark Yard. The building may lend itself to alternative uses, subject to obtaining the necessary consents.

NOTE - “54 High Street is subject to restrictive covenants contained in a 1923 conveyance not to use 54 High Street as a bakers, confectioners or tobacconist.”

Location

Strood lies on the north bank of the River Medway less than a mile north west of Rochester and approximately 31 miles south east of Central London and 10 miles north of Maidstone. The town can be accessed via the A2, which links with the M2 at junction 1 just to the west of the town centre. Strood railway station is withing a short walking distance of the property and provides regional rail links as well regular direct services to London St Pancras. Additionally numerous bus routes serve the area.

High Street forms part of the A2 in the town centre with the property forming part of an established retail parade on the north side of the road near its junction with Station Road. Notable nearby occupiers include Boots, Sports Direct, Iceland and Specsavers as well as being close to Strood Retail Park whether occupiers include M&S Foodhall, KFC and Next.

Accommodation

Ground Floor Retail - 169.50 sq m (1,824 sq ft)

Ground Floor Ancillary - 25.10 sq m (270 sq ft)

First Floor Ancillary - 116.80 sq m (1,257 sq ft)

Total - 311.40 sq m (3,351 sq ft)

Terms

Tenure - Freehold

Guide Price - £XXX

EPC - Rating 64 Band C

Specification

  • This sale is conditional and is subject to confirmation by the seller, who will accept or decline the highest bid no longer than five working days from the bidding closing time 
  • By order of National Westminster Group
  • Freehold former bank premises totalling approximately 311.40 sq m (3,351 sq ft)
  • Town centre location
  • Alternative use potential (subject to consents)
  • Vacant possession
  • BLOCK VIEWING DATES - 11AM TUESDAY 16TH AND 23RD APRIL


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