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82B High Street, Gillingham, Kent, ME7 1AX - Image 1
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82B High Street, Gillingham, Kent, ME7 1AX

South East

£350,000

Listed on 14/06/2026

Property Details

Bedrooms
N/A
Type
Commercial Development
Area
2445 sqft

Description

This end-of-terrace retail and office building presents an appealing opportunity for transformation and investment. Situated on a bustling section of Gillingham High Street, it benefits from significant pedestrian traffic and prominent visibility, making it ideal for various commercial uses. The location is surrounded by well-known retailers and local businesses, enhancing its appeal to potential customers. With the convenience of Gillingham Railway Station just under 500 meters away, direct access to London Victoria and St Pancras further boosts the property's attractiveness.

The building comprises three storeys, with the ground floor featuring a spacious sales area that boasts a fully glazed facade. The upper floors contain ancillary areas that could be updated or repurposed to create additional office or residential units, thereby maximizing rental income opportunities. Access points at both the front and rear allow for flexible usage configurations in line with future development plans (subject to planning permission). This property offers a unique canvas for savvy investors looking to capitalize on its prime location within a vibrant shopping district.

Investment Analysis

(ME7 area)

Below Market Value

This property is priced -52.3% below area average per sq ft

-52.3%
Potential saving
This Property
£143/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£287
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£807,926
10% above area average per sq ft
Potential ROI
+79.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (ME7)

Area prices are stable by +0.9% over the last 12 months
3 year growth: +0.8%
5 year growth: +12.2%
Investment Disclaimer: Analysis based on ME7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

82B High Street, Gillingham, Kent, ME7 1AX
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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