CHATHAM

Former Ryman store on Chatham High Street sells at auction

21 June 2023In Chatham1 Minutes

The former Ryman stationary shop in Chatham has been sold at an auction.

The empty High Street store was snapped up for £362,000 at the Clive Emson auction last Thursday (15 June), which was higher than its guide price of between £280,000 and £290,000.

However, it was considerably less than its £480,000 price tag when it was last sold in 2002.

Ryman closed the branch – which was its only one in Medway – in May last year due to the the lease expiring.

It’s understood that seven jobs were affected by the closure.

Estate agent Harrison Property Services was marketing the property at the time of the closure, with the freehold on sale for £500,000 or to rent for £35,000 a year.

The property includes the ground floor retail unit, mezzanine floors, storage space and staff facilities.

It’s not yet known who has bought the store or what their future plans will entail.