Block of flats for sale in 12-14 Week Street, Maidstone, Kent ME14
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Property features
- Freehold
Property description
For sale by auction 25/07/2024 due to be offered in our September auction
freehold retail unit with planning permission for 132 room hotel
Location & Description
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.
Located on Week Street, directly between Fremlin Walk and The Mall in Maidstone Town Centre, the County Town of Kent. Maidstone is conveniently located in the centre of the County just 1.5 miles to junctions 6 and 7 of the M20 motorway giving access to the M25 and the wider motorway network. Also within approximately half a mile from three main line train stations, Maidstone East, Maidstone West and Maidstone Barracks.
Lease Details
A new lease is currently being agreed on a 5 year term with no break at a rent of £150,000 per annum.
Tenure
Freehold
Note
Auction Surveyor: Michael Mercer
Contact:
EPC Rating
Awaiting EPC
Property info
For more information about this property, please contact
Strettons Auctions, E11 on +44 20 8022 5209 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Strettons Auctions, and do not constitute property particulars. Please contact Strettons Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.