ADDRESSSunley House, 14-19 Middle Row, Maidstone, Kent ME14 1TG
TYPEOffices, Office, Retail
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Leasehold
POSTED ON12th November 2020
A high yielding (14%) category A B1 commercial investment opportunity.
The offices were substantially refurbished in 2019 to Category A standard
The property is situated in the centre of Maidstone, in Middle Row which has frontage to Bank Street and High Street. The location is within the centre of Maidstone, close to the main retail amenities of the town and within walking distance of the two mainline railway stations, Maidstone East and Maidstone West, both providing services to the capital and coastal ports.
The opportunity for sale forms the upper three floors of a substantial four storey building, (ground floor currently trading as a bar and under separate ownership).
The property is currently part let generating a combined income of £122,244.
Virtual freehold - 999 year lease from January 2018