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Sittingbourne – Freehold Car Park Investment

Forum Car Park, Sittingbourne, ME10 3EE

Property Type:
Commercial
Sub Type:
Car Park
Tenure:
Freehold

Income

£170,000 per annum

Description

  • Prime town centre car park investment.
  • 78 years of government income.
  • Opposite mainline train station with a direct service to London in an hour.
  • £170,000 per annum subject to seven yearly upwards only reviews.
  • Freehold 0.6 acre site providing 82 spaces.
  • The site forms the epicentre of the £57m town centre regeneration scheme.
  • Offers in excess of £3,550,000 which reflects a 4.50% NIY assuming purchasers costs of 6.50%.