Commercial Property in Medway available for sale
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Commercial Properties for Sale in the Medway, Rochester

Explore the Latest Medway Commercial Property for Sale

More details for 302 Canterbury St, Gillingham - Industrial for Sale

302 Canterbury St

Gillingham, ME7 5JR

  • Industrial for Sale
  • £750,000
  • 11,431 sq ft
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More details for 125-127 High St, Chatham - Retail for Sale

125-127 High St

Chatham, ME4 4DH

  • Retail for Sale
  • £1,400,000
  • 51,129 sq ft
  • Security System
  • Wheelchair Accessible

Chatham Retail for Sale

DEVELOPMENT OPPORTUNITY -- FOR SALE Overview The site is situated on Chatham High Street, in the centre of the Medway towns and represents an excellent development opportunity for potential residential or alternative commercial uses. The site is 0.37 hectares (0.9 acres), with the existing property providing a total of 4,750 sq m (51,129 sq ft) of accommodation spread over three floors, plus a small basement of 105.5 sq m (1,135.6 sq ft). To the rear there is a parking and loading area for the property and a small parcel in the north west corner that had previously been utilised for a local car sales business. The property is currently let to a Charity on a flexible short term basis. Location The site is situated on the intersection of Medway Street and Waterfront Way, which faces the enhanced public space and bus interchange. The site also has a frontage facing on to the High Street. To the north the site borders Chatham Waterfront development which is a private scheme of 176 residential 1 & 2 bedroom apartments being delivered by Medway Development Company. To the East is Mountbatten House, a 12 storey office building that forms part of the Pentagon Centre, that has recently achieved planning for the conversion of the existing, plus an extension, to provide a total on 164 apartments. There is a significant amount of investment being made by Medway Council in to this area of Chatham and this site provides the next logical extension to this regeneration. Transport Chatham offers fantastic transport links via rail and bus increasing connectivity to London and the surrounding areas. Chatham station is less than 1/2 mile walk from the site and offers direct services to London Victoria, London Bridge, London Blackfriars and a Highspeed service to London St Pancras International (40 minutes) . Proposed Development A scheme which proposed 166 dwellings, with ground floor commercial and associated parking, has been discussed with Medway Council and details regarding this work and correspondence are included in the data room. Planning To help deliver the Council's regeneration objectives, the Council produced the 'Chatham Town Centre Masterplan' (Nov 2019) which is intended to sit alongside the new Local Plan and will inform proposed allocations. Positioned in the 'Waterfront Quarter' the Site is located in a focal area and is identified as suitable for retail and residential development, where storey heights of between 6-15 storeys would be supported. The site has minimal constraints but proposals should take in to consideration that the majority of the site falls within Flood Zones 2 and 3 and that Sun Pier and the area to the West forms Star Hill to Sun Pier Conservation Area.

Contact:

Sibley Pares Chartered Surveyors

Date on Market:

10/10/2022

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More details for Stoke Rd, Rochester - Industrial for Sale

Stoke Rd

Rochester, ME3 9BJ

  • Industrial for Sale
  • 436,100 sq ft
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More details for 45 Green St, Gillingham - Retail for Sale

45 Green St

Gillingham, ME7 1AD

  • Office / Retail for Sale
  • £195,000
  • 1,469 sq ft
  • 1 Unit Available
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More details for Culpeper Close, Rochester - Land for Sale

Sunderland Quay - Culpeper Close

Rochester, ME2 4HN

  • Land for Sale
  • £795,000
  • 0.40 ac Plot
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FAQs about Commercial Properties For Sale in Medway

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How many Commercial Property listings are available for sale in Medway?
There are currently 9 Commercial Properties available for sale near Medway. These Medway Commercial Property listings have an average size of 72,273 sq ft. The largest available listing in Medway is 436,100 sq ft. The thriving commercial centre and excellent transport links in Medway make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Medway?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Medway currently range from £21 to £228 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Medway?
There is a diverse range of commercial properties available in Medway to suit various business needs. Medway offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 9 Medway commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Medway, Rochester

Market Overview for Commercial Properties in Medway

Key information for Commercial Properties investors in Medway and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
£74 6,450 sq ft
Rochester, Kent £152 110,470 sq ft
Rainham £377 18,312 sq ft
Queenborough £417 2,653 sq ft
Aylesford £155 2,880 sq ft

Rental Price Trends in Medway

The price per square foot range for Commercial Properties in Medway and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
£49 £74 £99
Rochester, Kent £101 £152 £228
Rainham £112 £377 £641
Queenborough £417 £417 £417
Aylesford £155 £155 £155

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Medway area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
1,469 sq ft 6,450 sq ft 11,431 sq ft
Rochester, Kent 1,104 sq ft 110,470 sq ft 436,100 sq ft
Rainham 526 sq ft 18,312 sq ft 39,744 sq ft
Queenborough 2,653 sq ft 2,653 sq ft 2,653 sq ft
Aylesford 2,880 sq ft 2,880 sq ft 2,880 sq ft

You searched for commercial property for sale in Medway. Explore 9 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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