The property is a detached former public house standing on a plot of approx. 0.116 hectares (0.29 acres) converted to a convenience store in 2011, benefitting from loading area and parking for approximately 5 cars.
Location Description
Chatham is located 33 miles from London and has an estimated population of approximately 77,000. Lordswood is a suburb of Chatham approximately 3miles south of the town centre. The property is part of the Lordswood neighbourhood shopping centre which has the benefit of parking for over 10 cars.
Additional Notes
Let to Tesco Stores Limited for 20 years from 20th October 2011 at a current passing rent of £55,630.25+ p.a +VAT.
5 yearly upward only to RPI with cap and collar of 4% and 0%pa
Tenant break option 20 October 2021 (not exercised).