{"loaderData":{"0-3":{"propertyListing":{"building":{"id":"760904482944753","summary":"Retail & Bar / Restaurant Investment FOR SALE. Let to Paddy Power & Bliss Cafe.\nCurrently producing a gross income of £107,500 per annum\nLocated 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.\n\nThe 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. \n\n9 Gabriels Hill - Let to Paddy Power until 8th August 2027. \nThis comprises ground floor retail with frontage onto Gabriels Hill:\nRetail Area - 169.55 sq m = 1,825 sq ft\nBasement - 68.84 sq m = 741 sq ft\n\n14 King Street - Let to Bliss Cafe until 28th July 2036. \nAccessed 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;\nCoffee Shop - 48.00 sq m = 517 sq ft\nFF Restaurant / Bar - 221.29 sq m = 2,382 sq ft\nSF Staff Accommodation - 211.01 sq m = 2,271 sq ft\nOutside Seating Area - 188.00 sq m = 2,024 ","archived":false,"description":"Description

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 sq ft

LET IN PART TO NATIONAL COVENANT

7.96% ARY

7.50% NIY

TWO SEPARATE LEASES PRODUCING £107,500 PER ANNUM

OIRO £1,350,000

POTENTIAL FOR RESIDENTIAL CONVERSION OF UPPER FLOORS IN FUTURE","disclaimer":{"raw":"Disclaimer - Property reference 202250FH. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Sibley Pares Chartered Surveyors, Maidstone . Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["LET IN PART TO NATIONAL COVENANT","7.96% ARY","7.50% NIY","TWO SEPARATE LEASES PRODUCING £107,500 PER ANNUM","OIRO £1,350,000","POTENTIAL FOR RESIDENTIAL CONVERSION OF UPPER FLOORS IN FUTURE"],"environment":{"epcRating":null,"breeamRating":null,"environmentalDescription":null},"pricing":{"price":1350000,"displayQualifier":"GUIDE_PRICE","frequency":null,"rentObligation":null},"useClasses":[],"tenureType":"FREEHOLD","tenureYearsRemaining":null,"parkingSpaces":null,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":null,"planningPermission":null,"businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/02a4c37e7/760904482944753/02a4c37e74c8e717d31ebfeb0769e88c.pdf","description":"Sales Details 9 Gabriels Hill and 14 King Street, Maidstone Dec 2022"}],"photos":[{"uri":"property-photo/a9aa9f528/760904482944753/a9aa9f528a65c26624713c5fed85f0cc.jpeg","description":"Photo 12"},{"uri":"property-photo/ce557c579/760904482944753/ce557c5794354e843a0469f37d70e667.jpeg","description":"Photo 3"},{"uri":"property-photo/1a04cdf3d/760904482944753/1a04cdf3dfb90524faf583bc23d6024c.jpeg","description":"Photo 15"},{"uri":"property-photo/2d17cf7b6/760904482944753/2d17cf7b6fce4107fa4c72043444dc58.jpeg","description":"Photo 5"},{"uri":"property-photo/39d6811ed/760904482944753/39d6811edbc226b8827a8728ff9c5930.jpeg","description":"Photo 8"},{"uri":"property-photo/14e8f5a75/760904482944753/14e8f5a75090be47aa5f4382b706b5cb.jpeg","description":"Photo 7"},{"uri":"property-photo/07cb8b5b2/760904482944753/07cb8b5b29de813fa93e082edb364ad1.jpeg","description":"Photo 6"},{"uri":"property-photo/3792973b8/760904482944753/3792973b8dc267b4d5bc416e2521d226.jpeg","description":"Photo 4"},{"uri":"property-photo/d5f3411a4/760904482944753/d5f3411a41303c1131d81465991f9b20.jpeg","description":"Photo 9"},{"uri":"property-photo/dbfb1401d/760904482944753/dbfb1401d26e2517a144fa80119de9dd.jpeg","description":"Photo 14"}],"floorPlans":[],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":"SQFT","size":7736,"minSize":null,"measurementType":"NIA","maxSize":null},"location":{"displayAddress":"9 Gabriels Hill & 14 King Street, Maidstone, Kent, ME15 6HL","showMap":true,"postcode":{"incode":"6HL","outcode":"ME15"},"streetView":null,"latitude":51.273544,"longitude":0.52357},"nearestStations":[{"distance":0.32664574368406984,"name":"Maidstone East Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":0.40035205861943385,"name":"Maidstone West Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":0.48450306745835314,"name":"Maidstone Barracks Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"Sibley Pares Chartered Surveyors, Maidstone ","email":null,"profileUrl":"/estate-agents/agent/Sibley-Pares-Chartered-Surveyors/Maidstone-200189.html","logo":"/partner-logo/21694910-LOGO-1765967454.jpeg","id":200189,"description":"","telephoneNumber":"01622 943876","morePropertiesFromAgentUrl":"/commercial-property-for-sale/find/Sibley-Pares-Chartered-Surveyors/Maidstone.html?locationIdentifier=BRANCH%5E200189&propertyStatus=all&includeLetAgreed=true&_includeLetAgreed=on","primaryBrandColour":null}],"owner":null,"primaryPropertyClassification":{"propertyClassificationSubType":"OTHER","propertyClassificationType":"OTHER","offices":null,"industrialAndLogistics":null,"leisureAndHospitality":null,"retail":null},"secondaryPropertyClassifications":[{"propertyClassificationType":"RETAIL","propertyClassificationSubType":"SHOP"},{"propertyClassificationType":"LEISURE_AND_HOSPITALITY","propertyClassificationSubType":"PUB"},{"propertyClassificationType":"LEISURE_AND_HOSPITALITY","propertyClassificationSubType":"RESTAURANT"}],"letType":null,"letContractLength":null,"status":"AVAILABLE","availableDate":null,"serviceCharge":0,"businessRates":0,"isRentAllInclusive":null,"products":{"commercialSearchProminenceEnabled":false,"featuredProperty":false,"premiumListing":false,"premiumListingLabel":null},"auction":false,"spaces":[]}},"mediaParams":{"mediaType":"photos","mediaIndex":0}}},"actionData":null,"errors":null}