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AGENT'S DETAILS


Bearsted Road, Maidstone, ME14 5AA

For sale: £12,500,000.00|6.1 Acres|Hotel

PROPERTY DETAILS

FOR SALE£12,500,000.00
SIZE6.1 Acres
ADDRESSHilton Maidstone, Bearsted Road, Weavering, Maidstone, Kent, ME14 5AA
TYPEHotel
TENUREFor Sale Freehold
POSTED ON30th October 2020

DESCRIPTION

• Purpose built hotel in prominent location close to Maidstone town centre

• Extremely well connected situated just of the M20 Motorway

• Comprises 146 en suite bedrooms, eight meeting/function rooms, a bar, restaurant and a health club including gym, indoor swimming pool, sauna and spa

• Occupational lease to Hilton Group Plc expiring on 31st December 2021

• Payment of rent guaranteed by the tenant for the remainder of the lease

• Opportunity to re-brand, and or, re-position the hotel upon expiry of the lease

• Parking for approximately 300 vehicles

• Approximate site acreage of 6.1 acres

• Asset management opportunities to utilise large site area and surplus parking

• Long Leasehold (980 years unexpired)

Seeking offers in excess of £12,500,000

LOCATION

Location: Hilton Maidstone, Bearsted Road, Weavering, Maidstone, Kent, ME14 5AA

Maidstone East (1.2 miles)

Maidstone Barracks (1.4 miles)

Bearsted (1.5 miles)

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