icons_size_white icons_size

AGENT'S DETAILS


Sunley House 14 - 19, Middle Row, Maidstone, ME14 1TG

For sale: £1,100,000.00|5050 Sq Ft|Office, Other, Land, Offices, Other Property Types & Opportunities, Commercial Land

PROPERTY DETAILS

FOR SALE£1,100,000.00
SIZE5050 Sq Ft
ADDRESSSunley House 14 - 19, Middle Row, Maidstone, ME14 1TG
TYPEOffice, Other, Land, Offices, Other Property Types & Opportunities, Commercial Land
TENUREBusiness for sale, Development Opportunity, Investment Opportunity, For Sale Leasehold
POSTED ON19th October 2020

DESCRIPTION

Prominent and newly refurbished town centre office building.

Virtual freehold - 999 year lease from 17 January 2018.

£122,244 pa current gross rental income.

rental ERV £175,873 pa.

Capital Allowances available in excess of £250,000.

Residential development 'not objectionable' by local authority.

Single asset company share purchase available.

Offers sought in excess of £1,100,000 ex VAT, equivalent to a
gross initial yield of 10.86% ex VAT and net of 2.3%
purchaser's costs.
( Agency Pilot Software Ref: 518 )

LOCATION

Location: Sunley House 14 - 19, Middle Row, Maidstone, ME14 1TG

Maidstone West (0.3 miles)

Maidstone East (0.3 miles)

Maidstone Barracks (0.4 miles)

close
What do you think of our website?
Complete our survey and
you could win £1000
Start here