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Shop

£40,000

Maidstone, Kent

AVAILABLE

Property FEATURES

  • Popular location near The Mall shopping centre
  • £40,000 per annum excl. (ground floor shop)
  • May sell freehold interest
  • Upper floors suitable for conversion to 4 or more flats subject to planning
  • The property is situated on Gabrie's Hill, a prominent and strong secondary retail location with good footfall, close to the Mall Shopping Centre.
  • The multi-storey car park and Maidstone bus station are 5 minutes' walk from the property The Fremlin Walk shopping centre and Maidstone East mainline railway station are 10 minutes' walk.
  • The property comprises a ground floor retail unit with sales area, kitchenette and WC set behind a fully glazed frontage.
  • The ground floor extends to approximately 2,946 sq ft (273.72 sq m) NIA.
  • The building also has two unused upper floors which would be available as part of a freehold sale and benefit from rear pedestrian access. May be suitable for conversion to residential subject to necessary consents
  • The ground floor is immediately available by way of a new lease for a term to be agreed by negotiation.
  • Freehold interest may be available. (Further information available on request)
  • £40,000 per annum
  • Strictly by prior appointment through the Surveyors. Please contact Dominic Barber e: dominic.barber@sibleypares.co.uk or Thomas Langston e: thomas.langston@sibleypares.co.uk
  • Each side to bear its own legal and professional costs.
  • Enquiries of the Valuation Office Agency website indicate that the premises have a Rateable Value of £37,000 from 1 April 2026.
  • The multiplier for 2026/2027 is set to be 38.2p in the £, assuming retail, hospitality or leisure use.
  • (Interested parties are strongly advised to make their own enquiries of the local Rating Authority to verify this information.)
  • All figures are exclusive of VAT which will be charged at the prevailing rate.

Property DESCRIPTION

TO LET - Ground floor retail unit

Property LOCATION

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