Summary - 302, Canterbury Street, Gillingham, Kent, ME7 5JP ME7 5JP
1 bed 1 bath Light Industrial
Large redevelopment or income conversion near hospital and transport links.
- Freehold former factory with vacant possession
A substantial freehold former factory offering 13,320 sq ft of flexible space in central Gillingham, presented with vacant possession and an unconditional guide price of £750,000. The building sits just off the A2, opposite Byron Primary School and within a mile of Gillingham town centre and station, giving strong local connectivity and practical access for redevelopment or continued commercial use. Indicative plans show potential for conversion to 21 one‑bed flats subject to planning — a clear value‑add route for developers or investors.
The property is robustly constructed (solid brick, mid‑terrace, c.1900–1929) with double glazing, mains gas heating and an EPC rating of C (74). On‑site parking is limited to 2–3 spaces; internal accommodation includes large open warehouse areas, workshops, first‑floor offices and two former flat areas. A small basement/garage area is unfinished and requires repair.
Buyers should note material constraints: the site sits in a deprived area with higher local crime levels, parts of the building are neglected and will need refurbishment, insulation is likely absent in the solid walls, and redevelopment will require securing planning consent. Business rates for the property are significant (RV £40,250; approx. £20,085 payable 2025/26). These factors lower the acquisition price and create potential for uplift via conversion or refurbishment.
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