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12-14 Week Street, Maidstone, Kent, ME14 1RN

Offers in Excess of
£3,000,000

£306.25 per sq ft

Business rates & charges may apply

Sibley Pares Chartered Surveyors, Maidstone
SIZE AVAILABLE

9,796 sq ft

910 sq m

SECTOR

Commercial development for sale

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

Description

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

Brochures

12-14 Week Street, Maidstone, Kent, ME14 1RN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Maidstone East Station0.3 miles
  • Maidstone West Station0.4 miles
  • Maidstone Barracks Station0.4 miles

Notes

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Disclaimer - Property reference 202220FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sibley Pares Chartered Surveyors, Maidstone. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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