Summary - THE STABLES, COACHMANS CORNER, THE SQUARE SP8 4AY
1 bed 1 bath Shop
Income-producing mixed retail and residential property close to High Street amenities.
Fully let mixed-use building: two shops and two flats
A compact, period corner property in the heart of Gillingham, arranged as two ground-floor shops with two self-contained flats above. The building is fully let, producing a current passing rent of £25,140 pa and showing a gross initial yield of c.7.74%, making it immediately income-generating for buy-to-let investors.
The retail units benefit from prominent corner frontage and large display windows, attracting passing footfall from the High Street. The upper flats (one-bed and two-bed) are practical rental units accessed via a shared corridor; EPCs range from C to E. Ultrafast broadband and excellent mobile coverage support modern occupiers.
Buyers should note material negatives: the property sits in an area with very high recorded crime and a medium flood risk, and some upper accommodation has a lower EPC rating. Tenure details are not provided, and routine maintenance/period-property upkeep should be anticipated given the building’s age and traditional construction.
Overall, this is a straightforward, town-centre mixed-use investment for purchasers seeking immediate rental income and potential to add value through energy improvements or active management. Proximity to rail links, supermarkets and local amenities supports long-term demand for both retail and residential tenancies.
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