For Sale£7,300,000.00
INVESTMENT SUMMARY
* Modern, multi-let offce buildings prominently located in the county town of Kent
* Maidstone is situated approximately 32 miles to the South East of Central London and 16 miles to the east of Sevenoaks
* The property comprises two self-contained offce buildings comprising 38,814 sq ft across ground and 4 upper floors
* Exceptional town centre car-parking ratio of 1:266 sq ft
* Multi-let to 4 tenants with a WAULT of 4.9 years to breaks and 8.96 years to expiries.
* Allianz are the major occupier, accounting for 53% of the total income, having been in occupation of Medway Bridge House since the early 2000s.
* Riverside House has recently been refurbished at a cost of c.£50 per sq ft
* Passing rent of £601,648 per annum (£15.50 per sq ft) including rent guarantee on top floor of Riverside House
* Offers in excess of £7,300,000 Subject to Contract. A purchase at this level reflects a Net Initial Yield of 7.73% allowing for purchasers costs of 6.63%, and a capital value of £188 per sq ft.
* The property is not currently elected for VAT purposes, as such VAT is not applicable.
( Agency Pilot Software Ref: 2434 )
* Modern, multi-let offce buildings prominently located in the county town of Kent
* Maidstone is situated approximately 32 miles to the South East of Central London and 16 miles to the east of Sevenoaks
* The property comprises two self-contained offce buildings comprising 38,814 sq ft across ground and 4 upper floors
* Exceptional town centre car-parking ratio of 1:266 sq ft
* Multi-let to 4 tenants with a WAULT of 4.9 years to breaks and 8.96 years to expiries.
* Allianz are the major occupier, accounting for 53% of the total income, having been in occupation of Medway Bridge House since the early 2000s.
* Riverside House has recently been refurbished at a cost of c.£50 per sq ft
* Passing rent of £601,648 per annum (£15.50 per sq ft) including rent guarantee on top floor of Riverside House
* Offers in excess of £7,300,000 Subject to Contract. A purchase at this level reflects a Net Initial Yield of 7.73% allowing for purchasers costs of 6.63%, and a capital value of £188 per sq ft.
* The property is not currently elected for VAT purposes, as such VAT is not applicable.
( Agency Pilot Software Ref: 2434 )
Medway Bridge House & Riverside House, Maidstone, ME14 1JP
Type: Office, Offices
Location:
Medway Bridge House & Riverside House, , Maidstone, ME14 1JPGBMaidstone, MaidstoneKentME14 1JP10-11, Fairmeadow
Size:
38814 Sq Ft
Images: 0
Brochures:
1
For Sale£600,000.00
The property forms the upper three floors of a substantial four storey building with the ground floor currently trading as a bar. The property was previously used as offices and constructed of concrete with brick elevation beneath a flat, mineral felt covered roof. Each floor is practically identical providing either open plan or partitioned office format and comprises:
Carpet/laminate floor coverings
Single glazed window units (some of the elevations to Bank Street have secondary double glazing
A combination of electric panel radiators and gas fired central heating
Some air conditioning units located within the ceilings
Kitchen and WC facilities on each floor.
Parking available close by in various municipal car parks within the town centre
( Agency Pilot Software Ref: 2907 )
Carpet/laminate floor coverings
Single glazed window units (some of the elevations to Bank Street have secondary double glazing
A combination of electric panel radiators and gas fired central heating
Some air conditioning units located within the ceilings
Kitchen and WC facilities on each floor.
Parking available close by in various municipal car parks within the town centre
( Agency Pilot Software Ref: 2907 )
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Sunley House, 14-19 Middle Row, Maidstone, ME14 1TG
Type: Office, Land, Offices, Commercial Land
Location:
Sunley House, 14-19 Middle Row, Maidstone, ME14 1TGGBMaidstone, MaidstoneKentME14 1TGMiddle Row
Size:
5797 Sq Ft
Images: 5
Brochures:
2
For Sale£450,000.00
Development Opportunity Subject to Planning
( Agency Pilot Software Ref: 201311 )
( Agency Pilot Software Ref: 201311 )
Land Rear of 64, London Road, Maidstone, ME16 8QL
Type: Land, Commercial Land
Location:
Land Rear of 64, London Road, Maidstone, ME16 8QLGBMaidstone, MaidstoneKentME16 8QL46, London Road
Size:
Images: 5
Brochures:
1
For Sale£700,000.00
Development Opportunity - Planning for 9 Houses and 3 Flats - Church Street, Tovil, Maidstone
Offers sought by mid-day Friday 18th May 2018
( Agency Pilot Software Ref: 201306 )
Offers sought by mid-day Friday 18th May 2018
( Agency Pilot Software Ref: 201306 )
57-59 Church Street, Maidstone, ME15 6RB
Type: Land, Commercial Land
Location:
57-59 Church Street, Tovil, Maidstone, ME15 6RBGBMaidstone, MaidstoneKentME15 6RBChurch Street
Size:
Images: 1
Brochures:
1
For SalePOA
Development Opportunity
( Agency Pilot Software Ref: 201199 )
( Agency Pilot Software Ref: 201199 )
Cook Lubbock House, St Faiths Street, Maidstone, ME14 1LH
Type: Land, Commercial Land
Location:
Cook Lubbock House, St Faiths Street, Maidstone, ME14 1LHGBMaidstone, MaidstoneKentME14 1LHSt Faiths Street
Size:
1850 Sq Ft
Images: 1
Brochures:
2
For Sale£250,000.00
Residential & Commercial Premises with Development Potential.
( Agency Pilot Software Ref: 201294 )
( Agency Pilot Software Ref: 201294 )
85 Upper Stone Street, Maidstone, ME15 6HE
Type: General Retail, Land, Retail, Commercial Land
Location:
85 Upper Stone Street, Maidstone, ME15 6HEGBMaidstone, MaidstoneKentME15 6HE57A, Upper Stone Street
Size:
Images: 5
Brochures:
1
For Sale£550,000.00
Ground Floor A3 Premises with existing Self Contained 2-Bedroom Flat to the front of the building with Planning Consent for to convert the rear fist floor storage to create an additional 2-Bedroom flat.
( Agency Pilot Software Ref: 201263 )
( Agency Pilot Software Ref: 201263 )
81 Bank Street, Maidstone, ME14 1SD
Type: General Retail, Land, Other, Restaurants/Cafes, Retail, Commercial Land, Other Property Types & Opportunities, Licensed & Leisure
Location:
81 Bank Street, Maidstone, ME14 1SDGBMaidstone, MaidstoneKentME14 1SD80, Bank Street
Size:
1585.7 Sq Ft
Images: 2
Brochures:
1
For SalePOA
Development Opportunity- Vacant Care Home
( Agency Pilot Software Ref: 201196 )
( Agency Pilot Software Ref: 201196 )
Dorothy Lucy Care Centre, Northumberland Road, Maidstone, ME15 7TA
Type: Land, Commercial Land
Location:
Dorothy Lucy Care Centre, Northumberland Road, Maidstone, ME15 7TAGBMaidstone, MaidstoneKentME15 7TA83, Northumberland Road
Size:
1.6 Acres
Images: 5
Brochures:
0
For Sale£600,000.00
East Court comprises a terrace of office units arranged over ground and first floors. The property is of a brick construction set beneath a pitched tiled roof being an attractive residential development opportunity (subject to planning).
( Agency Pilot Software Ref: 2017780 )
( Agency Pilot Software Ref: 2017780 )
East Court, Maidstone, Maidstone, ME15 3JX
Type: Office, Offices
Location:
East Court, Maidstone, Maidstone, ME15 3JXGBMaidstone, MaidstoneKentME15 6DD3, Hillden Shaw
Size:
4027 Sq Ft
Images: 1
Brochures:
1
For SalePOA
OR
For RentROA
A flexible new development in a prominent location, adjacent to a number of national occupiers and large scale housing development coming soon
2,750 sq. ft. - 80,000 sq. ft.
Suitable for car dealership/trade counter/roadside/leisure/self-storage (subject to planning)
Note we can look at single larger lettings/sales by negotiation
( Agency Pilot Software Ref: 2263 )
2,750 sq. ft. - 80,000 sq. ft.
Suitable for car dealership/trade counter/roadside/leisure/self-storage (subject to planning)
Note we can look at single larger lettings/sales by negotiation
( Agency Pilot Software Ref: 2263 )
Maidstone Exchange, Cuxton Road, Maidstone, ME15 9YF
Type: General Industrial, Leisure Property, Showroom, Industrial, Licensed & Leisure, Other Property Types & Opportunities
Location:
Maidstone Exchange, Cuxton Road, Parkwood, Maidstone, ME15 9YFGBMaidstone, MaidstoneKentME15 9YFCuxton Road
Size:
2750 - 80000 Sq Ft
Images: 3
Brochures:
1
Under OfferFor sale: £350,000.00
B2 Unit and forecourt - Ideal for Investment or Owner Occupier Use
( Agency Pilot Software Ref: 966 )
( Agency Pilot Software Ref: 966 )
Square Hill Motors, Square Hill, Maidstone, ME15 7TL
Type: Other, Showroom, Other Property Types & Opportunities
Location:
Square Hill Motors, Square Hill, Maidstone, ME15 7TLGBMaidstone, MaidstoneKentME15 7TL4, Square Hill Road
Size:
2177 Sq Ft
Images: 3
Brochures:
1
For SalePOA
OR
For RentROA
Hotel Development Opportunity - Detail Planning Approved.
Eclipse Park is prominently located at Junction 7 of the M20 anchored by Next. Phase One of the Eclipse Park was completed in March 2006 and is now fully let. Phase Two offers buildings available for pre-let with Building Six providing a self contained office just over 16,500 sq ft over three floors.
( Agency Pilot Software Ref: 914 )
Eclipse Park is prominently located at Junction 7 of the M20 anchored by Next. Phase One of the Eclipse Park was completed in March 2006 and is now fully let. Phase Two offers buildings available for pre-let with Building Six providing a self contained office just over 16,500 sq ft over three floors.
( Agency Pilot Software Ref: 914 )
Hotel Development Eclipse Park, Maidstone, ME14 3EN
Type: Land, Hotels, Commercial Land, Licensed & Leisure
Location:
Hotel Development Eclipse Park, Junction 7 M20, Maidstone, ME14 3ENGBMaidstone, MaidstoneME14 3ENSittingbourne Road
Size:
Images: 5
Brochures:
1