No longer on the market
This property is no longer on the market
MapCommercial development
Commercial development
9796
Features and description
- Prime Retail Unit
- Planning Approval for 132-room Hotel (MBC ref: 19/505518)
- Positive Pre-App For Residential Scheme of 45 Apartments
- Currently Let On Flexible Terms at £30,000 per annum
- Offers In Excess of £3,000,000
Description
Prime Retail Unit currently let on flexible terms with Planning Consent to Redevelop the site into a 132-room hotel. Positive Pre-Application for alternative development of 45 residential units.
The property is a large, double fronted retail unit over ground and first floors totalling 9,796 sq ft, currently comprised as follows;
Ground Floor Sales: 516.00 sq m = 5,551 sq ft
Ground Floor Ancillary: 155.58 sq m = 1,675 sq ft
First Floor Ancillary: 206.26 sq m = 2,220 sq ft
External Store: 32.51 sq m = 350 sq ft
Planning
Planning permission was granted under Maidstone Borough Council Reference 19/505518 for the demolition of 12-14 Week Street and the redevelopment of the site into a 132-room Hotel which will total circa 66,000 sq ft over eight floors including roof top bar with restaurant and terrace.
Positive pre-app has also taken place with Maidstone Borough Council for an alternative scheme of 45 Residential units being a mix of 1, 2 and 3 bed apartments.
Further information is available in the data room upon request.
Prime Retail Unit
Planning Approval for 132-room Hotel (MBC ref: 19/505518)
Positive Pre-App For Residential Scheme of 45 Apartments
Currently Let On Flexible Terms at £30,000 per annum
Offers In Excess of £3,000,000
Tenure Comments
Freehold held under Title numbers K694839 and K698920
Prime Retail Unit currently let on flexible terms with Planning Consent to Redevelop the site into a 132-room hotel. Positive Pre-Application for alternative development of 45 residential units.
The property is a large, double fronted retail unit over ground and first floors totalling 9,796 sq ft, currently comprised as follows;
Ground Floor Sales: 516.00 sq m = 5,551 sq ft
Ground Floor Ancillary: 155.58 sq m = 1,675 sq ft
First Floor Ancillary: 206.26 sq m = 2,220 sq ft
External Store: 32.51 sq m = 350 sq ft
Planning
Planning permission was granted under Maidstone Borough Council Reference 19/505518 for the demolition of 12-14 Week Street and the redevelopment of the site into a 132-room Hotel which will total circa 66,000 sq ft over eight floors including roof top bar with restaurant and terrace.
Positive pre-app has also taken place with Maidstone Borough Council for an alternative scheme of 45 Residential units being a mix of 1, 2 and 3 bed apartments.
Further information is available in the data room upon request.
Prime Retail Unit
Planning Approval for 132-room Hotel (MBC ref: 19/505518)
Positive Pre-App For Residential Scheme of 45 Apartments
Currently Let On Flexible Terms at £30,000 per annum
Offers In Excess of £3,000,000
Tenure Comments
Freehold held under Title numbers K694839 and K698920
Property information from this agent
About this agent
Sibley Pares is a practice of chartered surveyors, letting agents and estate agents in Maidstone, Kent. Our many years of experience and specialist disciplines allow us to operate as chartered surveyors and commercial property estate agents. We also work as residential estate agents and property managers through Sibley Pares Residential. We operate principally throughout Maidstone and the surrounding areas as well as further afield in Kent and across the South East. The Sibley Pares office is based in Maidstone town centre with easy access from junction 7 of the M20 Motorway. Complimentary customer car parking is available on site. Sibley Pares Chartered Surveyors are 'Regulated By RICS' and can be found at 1 Ashford Road, Maidstone, Kent, ME14 5BJ. We look forward to being of service to you.