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Retail/Shop

Retail/Shop For Sale Maidstone

PROPERTY ID: 107591

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

9,796 sq.ft

Key Features

Prime Retail Unit
Planning Approval for 132-room Hotel (MBC ref: 19/505518)
Positive Pre-App For Residential Scheme of 45 Apartments
Currently Let On Flexible Terms at £30,000 per annum
Offers In Excess of £3,000,000

Property Details

Description Prime Retail Unit Currently Let On Flexible Terms With Planning Consent To Redevelop The Site Into A 132-room Hotel. Positive Pre-application For Alternative Development Of 45 Residential Units. The Property Is A Large, Double Fronted Retail Unit Over Ground And First Floors Totalling 9,796 Sq Ft, Currently Comprised As Follows; Ground Floor Sales: 516.00 Sq M = 5,551 Sq Ft Ground Floor Ancillary: 155.58 Sq M = 1,675 Sq Ft First Floor Ancillary: 206.26 Sq M = 2,220 Sq Ft External Store: 32.51 Sq M = 350 Sq Ft Planning Planning Permission Was Granted Under Maidstone Borough Council Reference 19/505518 For The Demolition Of 12-14 Week Street And The Redevelopment Of The Site Into A 132-room Hotel Which Will Total Circa 66,000 Sq Ft Over Eight Floors Including Roof Top Bar With Restaurant And Terrace. Positive Pre-app Has Also Taken Place With Maidstone Borough Council For An Alternative Scheme Of 45 Residential Units Being A Mix Of 1, 2 And 3 Bed Apartments. Further Information Is Available In The Data Room Upon Request. Prime Retail Unit Planning Approval For 132-room Hotel (mbc Ref: 19/505518) Positive Pre-app For Residential Scheme Of 45 Apartments Currently Let On Flexible Terms At £30,000 Per Annum Offers In Excess Of £3,000,000 Tenure Comments Freehold Held Under Title Numbers K694839 And K698920

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About the Agent

Sibley Pares LLP

See Agent's Other Properties

Retail Unit

£3,000,000 Freehold

12-14 Week Street, Maidstone, ME14 1RN
Retail/Shop - Available
9,796 sq ft
910 sqm
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