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Retail/Commercial Investment/Development, 15-17 King Street, Maidstone, ME14 1BA

6,888 Sq Ft / Retail / Investment

For Sale - £1,000,000.00

Available - Last updated: 17 October 2023

Commercial property for sale.

The current tenants Creams Café have a lease of 8 years from the 9th October 2020 at £40,000 per annum with a tenant break / rent review on the 9th October 2024.  Estimated Rental Value (ERV) of £120,000 per month.

Development potential for a mixed-use scheme or change of use.

The property can be provided with vacant possession.

Location

The property offers multiple access points to the building with the main access from King Street and rear access off Church Street. There are two more access points from Church Street including one directly to the ground floor and one directly to the upper floors.

Transport Links:

Maidstone East - 0.33 miles

Maidstone West - 0.49 miles

Maidstone Barracks - 0.56 miles

Accommodation

Size - 6,888 sq ft

Terms

Tenure - Freehold

Price - £1,000,000

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £1,000,000.00 NA

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