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Commercial Properties For Sale in Kent

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Acorn Commercial, Acorn Commercial Estate Agent Logo
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Imperial House, 21-25 North Street, Bromley, Kent

Imperial House is a detached office building providing c.25,670sqft GIA of high-quality office accommodation over four floors, and benefits from a car park for approximately 32 vehicles. The office includes a staffed reception, lift and double glazing throughout. Additionally, there is air conditioning, suspended ceilings and perimeter & under floor trunking. There appears to be potential to create further accommodation in the airspace (STPP). The property is multi-let and produces a combined rent and service charge currently of c.£506,265pa however that on the basis of only 54% occupancy. With the remaining space let and producing, the income (ERV) would increase to c.£968,434pa. The ground floor is currently arranged as small office suites let with 114 work stations on short term licences to a range of individual tenants (business centre) with the rents being paid including service charge. Occupancy changes regularly but at present 48 work stations are occupied and 66 work stations are vacant. The rent being paid per work station averages out to £339pcm/£4,068pa. The upper parts are currently arranged as four open plan offices let on leases with rent and then additional service charge paid. The vendors / landlords ran their business (OSTC Ltd) from part of the second floor (2,090sqft) and all of the third floor (5,£24.sqft) so c.7,746sqft in total fitted out to a high standard. The vendors / landlords sold their business towards the end of 2

Acorn Commercial, Acorn Commercial Estate Agent Logo
Office
  • High quality office accommodation totalling c.25,670sqft over four storeys
  • Only 54% occupied due to owners selling their business.
  • Site area 0.33 acres. Lapsed permitted development approval from office to residential in 2015 (property now in article 4 zone).
Marketed by Acorn Commercial, Acorn Commercial
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9 Gabriels Hill & 14 King Street, Maidstone, Kent, ME15 6HL
Commercial Property

Retail & Bar / Restaurant Investment FOR SALE. Let to Paddy Power & Bliss Cafe. Currently producing a gross income of £107,500 per annum Located at the top of Gabriels Hill and wrapping around to the entrance to The Mall on King Street in Maidstone, this mixed use investment is well located just off the prime retail pitch and has potential for residential conversion when the existing lease expires on the substantial upper floors. The property, a Grade II Listed building, is separated into two tenancies with Paddy Power occupying 9 Gabriels Hill, a ground floor retail unit, and 14 King Street occupied by Bliss Cafe a restaurant and bar with covered and heated outside seating plus separate Coffee Shop and additional staff living accommodation on the second floor. 9 Gabriels Hill - Let to Paddy Power until 8th August 2027. This comprises ground floor retail with frontage onto Gabriels Hill: Retail Area - 169.55 sq m = 1,825 sq ft Basement - 68.84 sq m = 741 sq ft 14 King Street - Let to Bliss Cafe until 28th July 2036. Accessed via King Street at ground level, this element of the property has a covered and heated outside seating area with pizza bar plus access into the main restaurant / bar area. In addition the second floor has staff living accommodation, comprised as follows; Coffee Shop - 48.00 sq m = 517 sq ft FF Restaurant / Bar - 221.29 sq m = 2,382 sq ft SF Staff Accommodation - 211.01 sq m = 2,271 sq ft Outside Seating Area - 188.00 sq m = 2,024

Sibley Pares Chartered Surveyors, Maidstone Estate Agent Logo
Commercial
Marketed by Sibley Pares Chartered Surveyors, Maidstone