LOT 29

Land & Advertising Site on Castle Road, Chatham, Kent, ME4 5HU

FREEHOLD ADVERTISING SITE INVESTMENT

Result: Sold for £21,000 Guide price: £18,000 - £20,000*

Auction Date

Thursday, 27th May 2021 12:00pm

An advertising site near to the junction with Listmas Road in a residential area south of the A2 Chatham Hill, about ½ mile from Medway Maritime Hospital and within a mile of the town centre.

Accommodation

3 x 48 sheet advert hoardings

Tenancy Details

Let to Adrenalin Advertising Ltd for 7 years from 01.08.2014 at £3,600 p.a.

EQUIVALENT TO £3,600 p.a.

Site Area:

649 sq ft (60.3 sq m)

(from digital mapping)

Note

Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 robert.woolfe@strettons.co.uk

Status

Sold for £21,000

Addendum

We understand that in 2020, Adrenalin Advertising Ltd was acquired by Wildstone Estates Ltd.

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.