Prime town-centre plot with consented residential scheme and studio space.
Reserved Matters consent for 135 private apartments (MC/24/1762).
This town-centre site offers a clear, consented residential-led scheme for an investor seeking a large urban development opportunity. Reserved Matters consent (MC/24/1762) permits 135 private apartments and approximately 1,400 sq ft of creative arts studios, with landscaped public spaces, cycle and storage provision. The S106 contains no affordable housing requirement, simplifying delivery assumptions.
The 0.59 hectare (1.45 acre) plot is accessed from High Street, Rhode Street and Whittaker Street and includes a four-storey concrete multi-storey car park with 220 spaces. The former Trafalgar Centre has been demolished, leaving a largely cleared opportunity area adjacent to existing commercial uses. The site sits within a 10-minute walk of Chatham railway station, with excellent mobile and fast broadband connectivity.
Material considerations: the wider area is classed as deprived, recorded crime levels are very high, and the town centre requires regeneration. These factors affect leasing profiles, sales values and operating risk but also create potential for public-sector support or repositioning gains. The site can be acquired as a whole or subdivided into two parcels, offering flexibility in phasing or exit strategy.
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