Executive Summary
- Prime retail unit located in Maidstone town centre within the heart of the retail and leisure district
- Arranged over 2 floors providing 7,772 square feet (722.1 square metres) at ground floor level
- Available immediately with a new lease and no premium
- Alternative uses considered (STPP)
- EPC Rating - D
Location
The property is situated within the major shopping and leisure area of Maidstone town centre, an affluent town located in Kent, south east of England. The area is well connected to several major roads within easy reach of the London orbital (M25) via the M26. The property is located 0.3 miles from Maidstone East train station, which offers a regular service into London Bridge. Gatwick Airport, the UK’s second busiest airport is located 45 minutes away to the west of Maidstone. Nearby occupiers include Metro Bank, HSBC, Lloyds Bank and Marks and Spencer.
Description
A prime retail unit arranged over two floors providing the following floor areas;
Ground Floor: 7,772 square feet (722.1 square metres)
First Floor: 1,245 square feet (115.7 square metres)
There is a yard to the rear of the building accessed from Wyke Manor Road.
Please note that the sizes given are approximate only and provided by the VOA. All interested parties are advised to rely on their own inspection and survey.
Business Rates
2023 Rateable Value: £171,000
UBR (2023/24): 51.2p/£
Rates Payable: £87,552
These figures have been provided by the VOA. All interested parties are advised to make their own enquiries to confirm the accuracy of these figures with Maidstone business rates department.
Terms
The property is available with a new lease with further terms to be agreed. The landlord’s preference is for the lease to be excluded from the 1954 Landlord & Tenant Act. All negotiations are strictly subject to contract.