25-33 Corporation Street, Rochester, Kent. ME1

Unmissable Development Opportunity in Historic Rochester!

We are beyond excited to present a truly remarkable redevelopment opportunity with this prime land parcel, spanning over 1400 sq. m. This exceptional site already has planning permission secured for a stunning 100-bedroom hotel, complete with a rooftop bar featuring an external terrace and viewing platform, as well as a restaurant and café.

But that’s not all! The versatility of this site is where it truly shines. Imagine the incredible potential for various uses including hospitality, education, healthcare, residential, or mixed-use developments, all subject to planning. The possibilities are endless!

Situated in a prime location, this site is directly opposite the £26 million Rochester mainline station and adjacent to Historic Rochester High Street. In the heart of Historic Rochester, the site offers unparalleled convenience and accessibility, with close proximity to heritage attractions, shops, and the high-speed station.

Don’t miss this extraordinary chance to bring a visionary project to life in such a coveted location!

PLANNING

The hotel design includes a basement for plant accommodation, a ground floor with amenities such as a restaurant, café, retail/workspace, reception, and back-of-house facilities. Levels 1 to 4 will house hotel bedrooms with associated storage areas, while level five will include additional bedrooms, staff amenities, and a rooftop restaurant/bar with an external terrace and viewing platform.

PLANNING PERMISSION REFERENCE MC/19/2566

Vendor has noted, that tanks have been removed from the disused petrol station, making the site ready for redevelopment.

VIEWING: The site is currently occupied by tenants, and therefore viewings by appointment only.

METHOD OF SALE: The vendor is seeking unconditional and outright only bids to purchase for the freehold interest, subject to contract only.

S106 - SAMMS CONTRIBUTION FOR MIGRATING BIRDS: £24,556 | PARKING IMPROVEMENT CONTRIBUTION. £50,000

Vendor understands that the site is not elected to VAT.

Each party to bear their own legal and professional costs incurred.

The vendors are purchasing disable carparks from the MCC plus being, grant of vehicular right of way over the carpark area to the rear of our site. They are granting MCC pedestrian right of way over their site from Corporation Street through their site into the carpark at the rear. The fee to be paid to MCC to purchase the disable carparks is £60,000.

LOCATION

Corporation Street is situated in Rochester, a historic town located in the county of Kent, England. This street runs through the heart of Rochester and is known for its charming architecture, quaint shops, and vibrant atmosphere. It is a central location within the town, providing easy access to various amenities including restaurants, cafes, boutiques, and historical attractions. Corporation Street serves as a bustling thoroughfare, connecting residents and visitors to the rich history and cultural heritage of Rochester.

Rochester, Kent, is a popular tourist destination known for its historical significance and cultural events. While specific annual visitor statistics can vary, it is estimated that Rochester attracts around 800,000 visitors each year. This includes tourists who come to explore its rich heritage, such as the Rochester Cathedral, the Norman Castle, and the Charles Dickens Festival, as well as those attending various other events and attractions in the area.

KEY REGENERATION AIMS

• The Medway regeneration programme is set to transform the area into a city of 300,000 people over the next 20 years. The programme represents an unparalleled regeneration opportunity.

• It will be a new, exciting, linear city centre, spanning 11 kilometres of the River Medway with Chatham Centre and Waterfront at its heart and will generate a major transport infrastructure

• Up to 16,000 new homes

• More than 20,000 new jobs

• A retail culture commensurate High quality spaces and places

• The strategy is an overarching framework for development on the waterfront for the next 20 years which brings together and builds upon existing planning guidance.

Please note, I am direct to the owners and this is on a 1.8% INC VAT buyers fee paid on exchange.