The property comprises ground floor retail space, and upper parts, which would be suitable for conversion to residential subject to necessary consents.
( Agency Pilot Software Ref: 959 )
Location
The property is situated on Gabriel’s Hill, a prominent and strong secondary retail location with good footfall, close to the Mall Shopping Centre.
The multi-storey car park and Maidstone bus station are 5 minutes’ walk from the property. The Fremlin Walk shopping centre and Maidstone East mainline railway station are 10 minutes’ walk.
Accommodation
Frontage: 5.21 m (widening to 8.96 m)
Depth: 40.37 m
GF Retail Area: 2,946 sq ft (273.72 sq m)
1st and 2nd floors currently unused.
Suitable for conversion to 4 or more flats, benefitting from rear pedestrian access.
Terms
To take a new lease by negotiation.
Alternatively, freehold with vacant possession.
EPC
Rating (E) 113
Legal Costs
Each side bear its own legal costs
VAT
Unless otherwise stated, all rents/prices are quoted exclusive of Value Added Tax (VAT). Prospective occupiers should satisfy themselves as to any VAT payable in respect of any transaction.
Rent: - £40,000 per annum, Freehold price available upon application
Rateable Value
RV: £33,500 @ XXX in the £
Rates payable: £16,448 for the year 2019/20
Services
Electricity, mains drains, mains water
Specification
- Close to the Mall Shopping Centre
- Rent £40,000 pa
- Alternatively, freehold available with vacant possession
- Upper floors suitable for conversion to 4 or more flats subject to planning
- Rear Pedestrian Access