Retail in SP8 available for sale
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Retail Property for Sale near SP8, Gillingham

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More details for The Sq, Gillingham - Retail for Sale

Coachman's Corner - The Sq

Gillingham, SP8 4AY

  • Retail for Sale
  • £325,000
  • 998 sq ft

Gillingham Retail for Sale - Gillingham, Dorset

Coachman’s Corner is situated just off the High Street in an attractive setting fronting South Street and The Square and comprises an unlisted building of traditional construction with whitewashed brick elevations under a predominantly slate-tiled roof. The building provides two ground floor retail units together with two self-contained flats within its upper parts. The property is currently fully let with a passing rent of £25,140 per annum. 1 Coachman’s Corner, which is let as a pottery workshop, consists of a main sales area, with partitioning to the rear workshop, WC and a corridor that leads to the rear fire escape. 2 Coachman’s Corner is let to a beautician. The layout provides a reception, two treatment rooms and a WC. There is a fire escape to the rear. The Flats are accessed via a shared corridor which is situated off South Street. Flat 1 provides one bedroom accommodation, a kitchen/ dinner and bathroom. Flat 2 provides two bedrooms over two floors together with a large kitchen/ diner and bathroom.

Contact:

Woolley & Wallis

Property Subtype:

Bar

Date on Market:

01/10/2025
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Retail Properties for Sale Within 5 miles of the SP8, Gillingham

More details for 44 High St, Shaftesbury - Retail for Sale

44 High St

Shaftesbury, SP7 8JG

  • Retail for Sale
  • £395,000
  • 3,771 sq ft

Shaftesbury Retail for Sale

Investment/ development opportunity in affluent market town. Residential potential on upper floors. Tenure/Occupational leases: Freehold The ground floor shop is let on a full repairing an insuring lease to Ladbrokes Betting & Gaming Ltd for a term expiring 8 September ‘27 at rent of £27,500 per annum. The upper parts are let to Baillie Jones Ltd (Chartered Surveyors) for a term expiring on the same date at a rent of £8,500 per annum. Vacant possession of the uppers parts is available to a purchaser, if required/ preferred. Price: Offers in the region of £395,000. Although the property is registered for VAT, it is envisaged that the the sale will be affected by way of a Transfer Of A Going Concern thereby avoiding the need for the purchaser to pay VAT Description The premises comprise a traditional mid-terraced Grade II Listed property with a recessed frontage to the High Street. Ladbrokes have partitioned the shop to suit their requirements to include a sales counter and additional customer wcs. The specification includes a suspended ceiling with inset air-conditioning and LED light fittings. There are also extensive ancillary areas to the rear together with a rear staircase serving as a fire escape. Owing to the sloping nature of the site, the first floor access is at ground level at the rear of the property. The first floor has been extended at the rear by way of a portal frame structure and partitioned internally to meet the needs of a previous occupier. The original first floor area at the front of the property has a second floor area over which is accessed via an integral staircase and which is currently planned in two rooms (originally three). Subject to the necessary consents, there is scope to reconfigure the upper parts to suit various types of commercial use or alternatively for conversion to residential whether that be as a whole or in part. Accommodation Approximate Net Internal Areas (disregarding Ladbrokes partitioning) Ground Floor (shop) Shop frontage 7.08 m (23’3”) Shop depth 17.06 m (55’11”) m2 ft2 Retail sales 115.91 1,248 Kitchenette 10.43 112 WC – – Rear storage 75.2 809 Total 201.54 2,169 First Floor (offices) Front (original) 19.86 214 Rear (modern extension) 96.31 1,038 Second Floor (offices) Front (original) 32.56 350 Overall total 350.27 3,771 Location: The property is situated on the northern side of the High Street close to its junction with Mustons Lane which links to Bell Street near the Morrisons supermarket. There is also rear access to the property and its parking off Mustons Lane. There are also a number of multiples in the High Street including WH Smith, Holland & Barrett, Superdrug, Boots and Reeve The Baker. The luxury clothing and accessories brand, Fairfax & Favor have also recently opened a store in the Town. Shaftesbury is an attractive rural town situated some 20 miles west of Salisbury (via the A30) and approximately 8 miles south of the A303 trunk road which links Exeter and the West Country and the M3/London.

Contact:

Woolley & Wallis

Property Subtype:

Shopfront

Date on Market:

25/04/2025
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LoopNet UK Dorset Gillingham Retail Properties For Sale in SP8, Gillingham, UK

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FAQs About Retail Property For Sale in SP8

See All Retail Spaces For Sale
How many retail properties are currently available for sale in SP8?
There are currently 1 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in SP8?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the SP8, Gillingham

With 1 retail units currently available for sale in SP8, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in SP8, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in SP8, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in SP8 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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